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October 2017

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Covers everything from good news to bad judgment
Pro Image Sports Giving Franchise to Fan of World Series Winner

Pro Image Sports Giving Franchise to Fan of World Series Winner

One diehard Houston Astros or Los Angeles Dodgers fan will win a free Pro Image Sports franchise to bring the largest sports fan gift shop to their town. The company will waive its $30,000 franchise fee to a dedicated fan of the winning World Series team.

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Arby’s Goes Big in Chicago, Including Downtown

Arby’s Goes Big in Chicago, Including Downtown

Arby’s has signed development agreements to build 25 new restaurants in the Chicagoland area over the next five years, including the downtown area, creating nearly 700 jobs in the process. The company has made the Windy City a priority growth market for the brand, seeking to triple its footprint in the metro.

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Order Food Without Leaving Facebook

Order Food Without Leaving Facebook

Several franchise brands and Facebook are coming together to capitalize on consumers’ desire for convenience by offering food ordering directly on the social media site or app.

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Office Pride Giving Away a Franchise to Honor Veterans

Office Pride Giving Away a Franchise to Honor Veterans

Many franchises offer significant discounts and deals to U.S. military veterans looking to break into franchising. Completely waiving the franchise fee in a Veterans Day contest, however, is certainly a new angle.

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United PF Continues March to Buy Planet Fitness ‘Zees

United PF Continues March to Buy Planet Fitness ‘Zees

United PF Partners, winner of a Franchise Times Dealmakers award in 2016 for its complicated and ambitious formation, has added two more acquisitions of Planet Fitness franchisees, in Phoenix and New Orleans, to increase its operating club count by 11 clubs to 78 across 10 states.

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Most Franchises Struggle to Grow, but Then There’s the 20%

Most Franchises Struggle to Grow, but Then There’s the 20%

We routinely write about young franchise concepts because everybody likes to know what’s new in franchising, but a study released today by Franchise Grade shows how long the odds are for those so-called emerging brands. Just over 30 percent of brands that started four years ago had one or fewer locations, the study said.

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More of the Multi-unit News You Need to Know

More of the Multi-unit News You Need to Know

Twice a month I’m plucking the key details from dozens of multi-unit development agreements to give you everything you need to know to stay informed and, of course, keep an eye on what the competition is doing.

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Hand & Stone Massage CEO Links Skincare to Sales Growth

Hand & Stone Massage CEO Links Skincare to Sales Growth

Though it’s smaller in unit count by nearly 900 than the industry giant that is Massage Envy, Hand & Stone Massage and Facial Spa leads the segment in sales growth percentage for 2016.

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Muscle Maker Jumps On Reg A+ Bandwagon

Muscle Maker Jumps On Reg A+ Bandwagon

T-shirts and pop-up ads are among the tools Muscle Maker Grill is using to promote its upcoming initial public offering via a new option known as Reg A+, said Bob Morgan, CEO of the franchised restaurant chain seeking just under $20 million. Regulation A+, passed as part of the JOBS Act in 2016, allows any qualified investor to buy shares in an IPO, in the past something that was effectively reserved for institutions and high-rolling insiders.

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Goodbye (Public) Ruby Tuesday

Goodbye (Public) Ruby Tuesday

NRD Capital is set to take Ruby Tuesday private in a deal that values the storied casual diner at $335 million.

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Culver's Founder Took Long Path to Roark Buy

Culver's Founder Took Long Path to Roark Buy

Craig Culver inked a deal last Friday with Roark Capital, the private equity firm that bought a minority stake in the 640-unit Culver’s chain, but it’s a move Culver had resisted for years.

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Employees Just Want to Belong, Dwyer COO Says

Employees Just Want to Belong, Dwyer COO Says

Everybody is talking about the labor shortage these days, and one of the most respected names in franchising, Mary Kennedy Thompson of the Dwyer Group, has several astute things to say on the topic as well as research to back it up.

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Fitlife Wants Bigger Piece of Prepared Meals Pie

Fitlife Wants Bigger Piece of Prepared Meals Pie

Here’s the latest entry on the prepared meal scene—Tampa-based Fitlife Foods, which operates stores that sell nothing but already cooked meals ready for customers to pick up or to have delivered. Fitlife spent more than six years improving its business model, and is now rolling out a franchise program in Florida.

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‘On the Leading Edge,’ Kiddie Academy Climbs Franchise Times Top 200+ Rankings

‘On the Leading Edge,’ Kiddie Academy Climbs Franchise Times Top 200+ Rankings

Millions of parents need child care and increasingly, as our recently released Franchise Times Top 200+ segment numbers show, they want that care to include education. It’s double-digit sales increases all around for this year’s top three early education and care provider concepts, with Kiddie Academy leading the way.

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Consistency, not Magic, Propels Jersey Mike’s Up the Franchise Times Top 200+

Consistency, not Magic, Propels Jersey Mike’s Up the Franchise Times Top 200+

Jersey Mike's jumps 14 spots to No. 102 on our annual ranking, and while the company’s president says he wishes he could point to one defining move Jersey Mike’s made last year to boost sales, the reason for the notable growth is much more basic.

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Conserva Irrigation Expands With New Deals

Conserva Irrigation Expands With New Deals

I interview a lot of business people about countless interesting companies in franchising, but every now and then one really sticks with me and gets my gears turning. The latest such example is Conserva Irrigation, a MN-based brand under the Outdoor Living portfolio that bills itself as the only national outdoor irrigation company founded on the concept of water conservation.

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Power Trio Backs DMK Burger Bar

Power Trio Backs DMK Burger Bar

Michael Kornick is not a very good person to talk to when you’re hungry and stuck in the office. He’s a five-time James Beard-nominated chef and one of three partners rolling out a franchising program for DMK Burger Bar, and he described the burger pictured nearby, along with the favorites of his partners’, in mouth-watering and excruciating detail one day this week, at lunchtime.

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Research Complete, Rave Tests New Ideas

Research Complete, Rave Tests New Ideas

Scott Crane joined Dallas-based Rave Restaurant Group as CEO in January, after the parent company of Pie Five Pizza and Pizza Inn had turned in some tough quarters and the former CEO was gone. Several months of research have led to some promising tests, especially of delivery at Pie Five.

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Planet Fitness Rises in the Franchise Times Top 200+ Ranks

Planet Fitness Rises in the Franchise Times Top 200+ Ranks

For the big box, value-priced gym concept, it’s a leap President and CFO Dorvin Lively attributes to three factors: brand positioning, franchisees’ growth and attracting members.

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Gen Z Dipping Its Toes Into Home Buying

Gen Z Dipping Its Toes Into Home Buying

Who’s sick of reading about millennials? I am, and I am one, albeit on the crustier end of the scale. A new report from Zillow shows that Generation Z, those born between 1995 and 2010, are beginning to enter the housing market. It’s time to learn about these little tikes, and start drafting plans with their interests in mind.

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Covers everything from good news to bad judgment

About This Blog

The latest news, opinions and commentary on what's happening in the franchise arena that could affect your business.

Tom KaiserTom Kaiser is associate editor of Franchise Times. He can be reached at 612.767.3209, or send story ideas to tkaiser@franchisetimes.com.
 
Beth EwenBeth Ewen is editor-in-chief of Franchise Times. She can be reached at 612.767.3212, or send story ideas to bewen@franchisetimes.com.
 
Nicholas UptonNicholas Upton is staff writer at Franchise Times. He can be reached at 612.767.3226, or send story ideas to nupton@franchisetimes.com.
 
Mary Jo LarsonLaura Michaels is managing editor of Franchise Times. She can be reached at 612.767.3210, or send story ideas to lmichaels@franchisetimes.com.
 
Mary Jo LarsonMary Jo Larson is the publisher of Franchise Times Magazine and the Restaurant Finance Monitor.  You can find her on Twitter at
 twitter.com/mlarson1011.
 
Nancy WeingartnerNancy Weingartner is editor-at-large of Franchise Times magazine and the editor of the Food On Demand media project. You can reach her at 612-767-3200 or at nancyw@franchisetimes.com.
Follow her on Twitter at http://twitter.com/nanweingartner.
 

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