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Naf Naf Grill is taking its Middle Eastern Cuisine to Texas, signing a 10-unit agreement withINAA Restaurant Group to open locations in the Dallas-Fort Worth market. INAA’s team, which includes operating partner and former Dunkin’ multi-unit manager Aamir Rajan, has business development experience with restaurants, real estate and retail in bothdomestic and international markets. They also own an insurance company with locations across Texas.

MOD Pizza signed an agreement with just its 10th franchise partner, DBMC Restaurants, which will develop 30 locations across central Alabama, southern Louisiana, southern and central Mississippi, and in the greater Nashville, Tennessee area over the next seven years. DBMC Restaurants owns and operates full-service concepts Santa Fe Cattle Company and Cody’s Original Roadhouse and is a Walk-On’s Sports Bistreaux franchisee. 

Restore Hyper Wellness + Cryotherapy signed an agreement that will make Level 5 Capital Partners, which in 2020 also invested in the brand, its largest franchisee. Level 5 will open 60 new stores over the next nine years in markets across the country, including Atlanta, Washington, D.C., Dallas, Houston, Minneapolis, Los Angeles and San Jose, California. Level 5 also owns a majority stake in Big Blue Swim School and is an Orangetheory franchisee.

Pieology will expand in Ohio after signing a multi-unit deal with Pizza Pie Investments, a franchise group owned by Jerrod Hartman. A U.S Army veteran who also runs Ohio-based transport and delivery service Fireteam Logistics and is co-owner of Main Street Deli in Findlay, Ohio, Hartman expects to open his first Pieology in March. He plans to have three open within 18 months.  

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Little Princess Spa Salon & Party Palace
Boca Raton, FL
From the moment you walk in the door at Little Princess Spa® you are treated like royalty.
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LaRosa Chicken and Grill Franchise
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Homestyle cooking from Broasted Chicken to Strip Steak and multiple sides - LaRosa is the family restaurant for your family!
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Dogstown University Franchise
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Dog and cat boarding with doggie daycare all day play.
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New Eco-Friendly Franchise to Watch in 2021: HHO Carbon Clean Systems. Upstart company HHO Carbon Clean Systems was founded and started franchising in 2020 with a unique concept: A mobile, eco-friendly solution to cleaning carbon buildup on engines with the goal to get ahead of U.S. carbon emissions regulations.
How franchisors and franchisees can work together and avoid litigation. This is a simple question with a fairly detailed answer. A key principle to keep in mind is it is up to both parties—the franchisor and franchisee—to work together to establish and maintain good relations. However, the franchisor must take the lead in setting up programs to accomplish this result.
Wellness-Focused Dog Grooming Pioneer Announces Strategic Franchise Initiative. The barriers to clean, healthy dogs are being broken. Scenthound, a Jupiter-based dog grooming “scenter” is ready to make its mark on the $70B pet industry by introducing franchise opportunities for dog-loving investors and entrepreneurs. Scenthound is launching a strategic franchise initiative that will expand beyond Palm Beach County to include 60 additional locations by 2020, and an anticipated growth to hundreds of franchises both nationwide and internationally.
Smoothie King Opened Record 263 Stores in 2020. Smoothie King, the world’s largest smoothie brand, opened a record 263 new stores globally in 2020. This includes 71 in the United States – which allowed the franchise to surpass 1,000 stores domestically and more than 1,300 worldwide despite the challenges that came globally during the pandemic. The U.S. stores grew comp sales for the ninth-consecutive year and closed out the second half of 2020 posting an unprecedented 12.2% sales growth year-over-year.
Fiesta Restaurant Group takes out $75M loFiesta Restaurant Group, parent company of Taco Cabana and Pollo Tropical, has taken out a new $75 million loan with a $10 million revolving credit facility, which replaced its previous credit agreement with a longer-term loan through 2025an.
New York City’s restaurant industry loses 140,000 jobs during pandemic ‘The industry job loss is at a crisis level like we’ve never experienced’. New York City restaurants and bars have lost over 140,000 jobs during the coronavirus pandemic as the industry continues to be hard hit amid the ongoing crisis. The New York City Hospitality Alliance told The Independent that the sector experienced a 43 per cent drop in employment across 2020 and a “shocking” 55 per cent loss in the full-service restaurant sector.
Dog Haus Breaks Through Industry Barriers to Emerge on Top in 2020. The acclaimed gourmet hot dog, sausage, and burger concept had positioned itself for a monumental 2020 but then, well, 2020… When the COVID-19 crisis forced dining rooms nationwide to close, Dog Haus’ systemwide sales immediately dropped 50%. With its back against the wall, Dog Haus pushed the boundaries of how a restaurant operates and got more innovative than ever.
Amici Finalizes Acquisition of Friendly's, Plans to 'Reinvigorate' 130-unit Brand, mici Partners Group, affiliated with multi-brand franchising company BRIX Holdings, announced they finalized the acquisition of Friendly's Restaurants on January 19. The investment group plans to keep all 130 units open, including 51 corporate locations and 86 franchisee-owned locations. Friendly's, an 86-year-old East Coast dining chain known for burgers and milkshakes, was previously owned by Sun Capital Partners which filed for Chapter 11 bankruptcy in November 2020. Sun Capital bought Friendly's in 2007 for about $337.2 million.
Peak Rock Capital buys Houston-based doughnut and kolache franchisor Shipley Do-Nuts. An affiliate of private investment firm Peak Rock Capital has purchased Shipley Franchise Company and Shipley Do-nut Flour & Supply Co., which together franchise and supply product for Shipley Do-Nuts, a chain of around 300 units based in Houston and specializing in doughnuts and kolaches
Franchise Group, Inc. to Acquire Pet Supplies Plus for $700 Million. Expected to be Materially Accretive to Earnings in 2021 Added Diversification and Scale to Lower Overall Cost of Capital Expected Pro Forma Net Total Leverage of Under 3.4x. The Transaction is expected to close in March 2021 and result in systemwide annualized revenue for Franchise Group, defined as total sales for both franchise and Company units, of more than $3.6 billion.
Washington state announces partnership with Starbucks on COVID-19 vaccine distribution and administration. Gov. Jay Inslee announced a list of stakeholders to help with vaccine distribution; Starbucks is tasked with operational efficiency and design expertise/support
STEAK ‘N SHAKE REPORTEDLY HIRES RESTRUCTURING ADVISORSThe burger chain, which has been closing locations, has debt that comes due in March and is exploring out-of-court restructuring or a bankruptcy filing.The Wall Street Journal reported this week that the Indianapolis-based burger chain has hired FTI Consulting to advise on restructuring the company’s $153 million loan, which comes due in March. Steak ‘n Shake’s parent company, Biglari Holdings, said in November that it may not be able to refinance that loan in time and suggested the pandemic could limit financing options.
Closed restaurants stacking up in Healdsburg as ‘buyer’s market’ attracts investors. The local restaurant industry continues to shoulder the immense brunt of the economic decline and depressed tourism in Sonoma County tied to shutdowns during the coronavirus pandemic, with losses stacking up by the month in previously bankable visitor hot spots. In food- and hospitality-focused Healdsburg, a recent succession of closures has exposed the distress felt by restaurants across the region.
Club Pilates, Urban Air Top List of Smartest-Growing Franchises. Club Pilates repeats as No. 1 on the Franchise Times Fast & Serious list for a second year, reporting 562 units last year compared with 207 in 2017, and a sales growth rate over three years a robust 320.4 percent, to $248 million. President Shaun Grove credits the “strong, solid foundation” created after Xponential Fitness, its parent company, bought the brand in March 2015.
Domino’s Wants to Become the ‘Dominant No. 1’ Pizza Brand.The chain believes there’s room for more than 5,200 incremental stores internationally. Suffice to say, Domino’s has not hit its ceiling, despite pushing $7.1 billion in domestic systemwide sales last year, and the company knows it. CFO Stu Levy said the restaurant isn’t comfortable with just being No. 1—it wants to be a "dominant No. 1.
5 Ways to Successfully Grow Your New Home-Based Business- Setting up your own business may seem simple. But when you’re trying to build your business from home, you need to be especially organized. Home-based businesses require even more patience, attention to detail, and a drive to succeed. Not to mention having the right tools and tips to help your business thrivel. With this in […]
Everything Restaurants Need to Know About the $284 Billion PPP Program. Here’s how bars, cafes, and restaurants can qualify for the PPP loans, which fully convert to grants if used properly. Paycheck Protection Program, the U.S. government’s central lifeline to bars, restaurants, and other small businesses hammered by the COVID-19 pandemic, will begin accepting loan applications today for the first time since the policy lapsed in August. Congress has made $284 billion available through the revamped PPP, specifically targeting the hospitality industry for extra help
Raising Cane’s Named one of the “BEST PLACES TO WORK” in the U.S. Despite Pandemic, their “Fast Paced, Fun Culture and Growth Opportunities” earn Cane’s a spot in Glassdoor’s Top 100. Baton Rouge, LA (RestaurantNews.com) It’s one thing to say people love working at your company; it’s another for those people to take time and submit surveys to let other jobseekers know this is the place. Despite the challenges of operating restaurants in a time of COVID-19, Raising Cane’s Chicken Fingers – and its fast-paced environment, fun culture, flexible schedules and growth opportunities – earned another place on Glassdoor’s list of 100 Best Places to Work.
A FLURRY OF RESTAURANT DEALS PORTENDS TO A BIG 2021 Led by the Inspire-Dunkin’ Brands deal, 2020 turned out to be a bigger year for acquisition activity than anticipated. Expect more of the same this year. “COVID kind-of maybe sped things up. Wing Zone has continued to perform extremely well during COVID.”
Cheesy Street Grill satisfies comfort-food cravings. THE LOCALE The third Cheesy Street Grill location (and its first franchise) opened in Wellesley in mid-September in the new sports complex on Route 9 east near the Natick line.
Fazoli’s Online Orders Skyrocket 295%. In 2020 Fazoli’s implemented a guest-focused off-premise strategy and created popular family meal packages that delivered on value, both of which attributed to Fazoli’s unprecedented digital sales growth of 560.7% in delivery sales and 295.4% in online order sales, according to the company.
KC McDonald’s owner apologizes after celebrating ‘epic’ time at Jan. 6 Trump rally. The owner of several local McDonald’s restaurants is apologizing for comments he made after attending former President Donald Trump’s Jan. 6 rally in Washington, D.C. Jim Wagy has faced local and national backlash for attending the event that preceded the deadly riot at the U.S. Capitol.
Cloud Kitchen Platform Kitopi Plans US Expansion After Raising $60M Yahoo Finance ... Kitopi plans on expanding across the U.S. after closing a Series B round of funding totaling $60 million, Nation's Restaurant News reported. Kitopi ...
Orlando restaurant manager receives outpouring of support after using secret note to help rescue abused boy A GoFundMe has raised more than $13,000
California Tortilla plans expansion in Maryland Washington Business Journal And a third franchisee recently took over some of the company's Anne ... About 90% of the chain's stores are franchise and 10% are company-owned.
Harris Williams Advises LYNX Franchising on Its Sale to MidOcean Partners. Tue, January 5, 2021, 10:08 AM EST·3 min read. Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised LYNX Franchising, a portfolio company of Incline Equity Partners (Incline), on its sale to MidOcean Partners (MidOcean). LYNX Franchising is a multi-brand franchise platform with a complementary collection of B2B essential services. The transaction was led by Brent Spiller, Beau Pierce and Trey Shehan of the Harris Williams Consumer Group.
Why You Should Still Wear A Mask And Avoid Crowds After Getting The COVID-19 Vaccine. It may seem counterintuitive, but health officials say that even after you get vaccinated against COVID-19, you still need to practice the usual pandemic precautions, at least for a while. That means steering clear of crowds, continuing to wear a good mask in public, maintaining 6 feet or more of distance from people outside your household and frequently washing your hands. We talked to infectious disease specialists to get a better understanding of why.
Maid Green Selects BrandWide to Improve Operations PR Web Soffront announcement: Maid Green Selects Popular Franchise Management Platform to Standardize and Improve Franchise Operations. LAS VEGAS ...Maid Green Made Clean franchise is an environmentally-friendly professional cleaning service established in 2006.
5 Mistakes to Avoid When Buying a Franchise ! How great would it be to have your own business and be your own boss? There's no doubt buying a franchise is a great way for many Americans to achieve this dream. Buying a franchise can be an easier route to owning a business because there is already an established product, a brand, a reputation, and a customer base. For these reasons, a lot of people decide to get into business by purchasing a franchise.
Blood on his hands': As US nears 400,000 COVID-19 deaths, experts blame Trump administration for a 'preventable' loss of life. Besides being the first president to get impeached twice, Donald Trump will have a stain on his legacy with arguably longer-lasting consequences: He's about to become the only American leader in a century with more than 400,000 deaths from one event on his watch.
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