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Pet Wants Is Exception to Slow-to-100 Rule

My recent blog post pointing out how few franchises make it to 100 units in a year or two, as so many young franchises claim they will, drew many responses, including some who thought I was being too negative to point out the statistics from Franchise Grade. But the president of Pet Wants Franchise System, Scott Hoots, called the numbers “sobering” and added his brand “had the opposite problem.”
January 19, 2018, 10:38 am

HomeVestors Names Ugliest House of 2017

We Americans love dramatic renovations, and HomeVestors—the brand behind We Buy Ugly Houses—has named The Ugliest House of the Year after Americans voted on five house makeovers completed by company’s independently owned and operated franchises.
January 19, 2018, 9:01 am

Resales Another Opportunity for New Franchise Owners

Buying an established franchise means everything is in place and you can hit the ground running with a mature business. But the same advantages can also be disadvantages, so due diligence is crucial say panelists at Franchise Expo South.
January 18, 2018, 5:18 pm

Dear Subway, You Stink. Love, Freshii

A franchisee revolt at Subway over its $5 footlong promotion and declining sales has prompted Freshii to publish an open letter yesterday in the Chicago Tribune, offering a “sincere proposal,” as the letter said. One can only imagine Subway's response.
January 18, 2018, 1:10 pm

Tony Roma's Opening First U.S. Franchise in Six Years

After six years without any new U.S. locations, Tony Roma's is back on the gas with West Palm Beach Opening.
January 17, 2018, 10:42 am

From the Cutting Room Floor, More Fast & Serious

We interviewed 40 C-level execs to put together our Fast & Serious package, which you can read in full in our January issue, but we gleaned a lot more that we weren’t able to include. So, here are three more thoughts on growing a franchise brand, sustainably.
January 12, 2018, 4:21 pm

I Heart Mac & Cheese, and Short Ribs, and Crispy Chicken….

We’re suckers for good food photos, so our thanks goes to I Heart Mac & Cheese, a Boca Raton, Florida-based brand that just launched a national franchise program and has many beautiful photos plus a dauntingly long menu that seems destined to shrink—or whose name seems destined to expand.
January 12, 2018, 1:49 pm

At Rachel’s Kitchen, a Shaq Sighting

Retired NBA star and Hall of Fame center Shaquille O'Neal stopped in for breakfast at Rachel's Kitchen, a bistro franchise concept in Las Vegas.
January 12, 2018, 11:05 am

Who will win the 2nd Annual Franchise Times Zor Awards?

Show your enthusiasm for the best franchises in the industry with the Franchise Times Zor Awards recognizing the best companies in 10 hot industry segments. This interactive awards program allows our readers to vote for their favorite brands in each of 10 categories
January 11, 2018, 2:41 pm

MOD Pizza Raises $33 Million in Equity Capital to Fuel Growth

This latest funding round brings MOD Pizza's total equity capital raised to more than $185 million, financing the company said will help it bolster its presence in existing U.S. markets and in the United Kingdom.
January 10, 2018, 10:00 am

Patrick Doyle Out as Domino’s CEO

After eight years as Domino’s president and CEO, Patrick Doyle announced he is leaving the company on June 30 after several years of massive sales growth that brought the Michigan-based global pizza giant over the $10 billion mark in annual revenue.
January 10, 2018, 9:17 am

Pizza Hut Developing Fully Autonomous Delivery Vehicles With Toyota

Pizza Hut delivered a surprise at this year’s International Consumer Electronics Show with the announcement that the pizza giant has partnered with Toyota on the development of fully autonomous delivery vehicles with Toyota.
January 9, 2018, 10:16 am
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Conferences

MirageFranchise Times Finance & Growth Conference
May 7-9, 2018​​
Mirage, Las Vegas

Franchising's premier investment event brings together lenders, investors, franchisors and multi-unit franchisees.

 

Cosmopolitan HotelRestaurant Finance & Development Conference
November 12-14, 2018
Wynn/Encore Las Vegas
Find financing and make deals at the best networking event in the restaurant industry.
 

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Development Deal Tracker Newsletter

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Franchise Times guide to buying a franchise

We've published the definitive guide to buying a franchise and making it a success.The 253-page book is filled with practical advice from real-life individuals who made the jump into franchising.

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Resources

Top 200+ Franchises

Download the 411 on the top 200 largest franchises based on systemwide sales, plus see what's noteworthy for all major segments in franchising. As a bonus, we've included the next 300 largest franchises for a total of 500 top franchises.

Vendor Directory

The Franchise Times Vendor Directory is the go-to resource for finding a partner to grow and prosper in the franchise community. This involves everything from legal support, to business services, technology and products/supplies.

Finance & Real Estate Directory

The news on the street may be that money is getting harder and harder to find, but that does't mean finance sources are. Take a look at our list of specialized lenders and pick up the phone and start the relationship.

Top Attorneys

Looking for an attorney who specializes in either franchisor or franchisee issues? New to franchising and need some legal advice? Then check out our listing of lawyers nominated by their peers and clients.