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WEBTapster Founder Shares ‘Wild Ride’ of Launching Taproom Franchise. Franchise Times provides franchisees and franchisors with reliable information and resources for building and growing a franchise or franchise system.
WEB30 Franchise Times | August 2022 1 Flynn Restaurant Group San Francisco, CA $3,700,000,000 937 Pizza Hut 441 Applebee's 368 Arby's 285 Taco Bell 192 Wendy's
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WEBAbout Us. Through its original print magazine and digital coverage, Franchise Times illuminates the people, ideas and brands that make franchising the dynamic industry it is. That means engaging the franchise community with lively and informative content, features and profiles that spotlight the many personalities and concepts that make up the ...
Franchisee CMG Forms Bolster Hardware to Buy 21 Ace Stores
WEBJun 10, 2022 · Al Bhakta and CMG Cos. like to stay busy. The Texas-based multi-unit operator started the year with the purchase of eight Sonic Drive-Ins as part of a roll-up play in that brand, followed by two deals for 20 restaurants that marked CMG’s entry into Little Caesars. Its latest move adds another retail brand to the mix.
Founders Step Away As New QC Kinetix CEO Bolsters Team, Plots …
WEBMay 17, 2022 · They began franchising in 2020 and quickly grew. With the help of Hoots, QC Kinetix’s systemwide sales hit $8 million in 2020 from nine corporate clinics and grew to $27 million in 2021 with the addition of franchise locations, Crowell told Franchise Times earlier this year. Now, the brand has 112 clinics—all opened within 15 months—and signed development agreements for more than 500 ...
KKR Makes Winning Bid for Home-Services Franchisor Neighborly
WEBJul 8, 2021 · Private equity giant KKR & Co. has agreed to buy Neighborly, the home-services franchisor with 28 brands under its umbrella and $3 billion in system sales—double the amount just three years after Harvest Partners’ purchase, in March 2018.
Inside the Craze at Fast-growing Franchise Crumbl Cookies
WEBOct 27, 2021 · The cost to open a Crumbl ranges from $229,666 to $574,833, including a $25,000 franchise fee. Franchisees pay an 8 percent royalty fee. The average unit volume was $1.27 million in 2020, according to Crumbl’s franchise disclosure document. Maguire said his stores are “doing really well” and “on the financial side, we’re very happy.”.
Revenue and Earnings Blowout for Chick-fil-A in 2021; Systemwide …
WEBApr 11, 2022 · Chick-fil-A Inc. reported record revenue and earnings in 2021, building upon the substantive gains the Atlanta-based quick-serve operator made during the COVID-19 pandemic. The financial statement and store operating highlights
After Major Changes, Jamba Juice Gets Acquired by Focus Brands
WEBAug 2, 2018 Updated Oct 13, 2020. Courtesy of Jamba Juice. Jamba Juice is going private. The 800-unit brand known for its smoothies will be acquired by Focus Brands. Focus Brands will pay $13 per share, a 36 percent premium to the 200-day trading average of $9.50 that adds up to a $200 million sale price. The price shows all the work that Jamba ...
Major Hardee’s Franchisee Files for Chapter 11 Bankruptcy After …
WEBMay 5, 2023 · The remaining Summit Hardee’s locations open “are expected to conduct business as usual—including continuing to pay wages and provide benefits to employees, as well as doing business with customers and vendors in a routine manner while working to complete the sale,” according to a CKE spokesperson.
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