More of the Multi-unit News You Need to Know
There’s a dizzying number of franchise deals being signed every week—every day, in fact—and with more multi-unit owners out there and even more new concepts it can be difficult to keep track of them all. And don’t forget about established brands and those renewing their franchise push. But with our Development Deal Tracker, you don’t have to worry about being out of the loop.
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. And it’s not just the franchisors of these concepts getting their names in boldface type—we introduce you to the franchisees, big and small, doing deals to watch.
I’ve culled a few of the top deals from the most recent e-newsletter, and you can sign up here to start getting the Deal Tracker sent right to your inbox.
Tony Roma’s continues its development momentum as its parent company, Romacorp Inc., announced the signing of a franchise agreement with restaurateur Bruce Rahmani and Colorado Hospitality Services to bring eight Tony Roma’s restaurants to Colorado and Idaho. In April the brand announced the signing of its first new U.S. franchisees since 2011, with agreements for Tennessee and West Palm Beach, Florida. Last fall Tony Roma’s, No. 239 on the Franchise Times Top 200+ ranking, debuted a new prototype restaurant the company credits with helping transform the 45-year-old brand, which has nearly 150 restaurants in more than 30 countries.
Boutique boxing fitness franchise Title Boxing Club will expand in the Houston, Texas, market through a regional development agreement with area representative Donald McConnell. Also a regional developer of Massage Envy with 45 locations in five states, McConnell plans to bring 20 Title Boxing clubs to the Houston area over six years as he signs sub-franchisees. Based in Kansas City, Title Boxing Club has more than 170 clubs open and operating across the country.
Restaurant franchise Saladworks is expanding to Atlanta, Georgia, with both corporate locations and through new franchisees Douglas Anthony and Ramjit Handa, who signed a multi-unit development agreement. Anthony, an executive in the financial and accounting sector, is moving from New Jersey to Atlanta to focus on the business, the company said. Based in Conshohocken, Pennsylvania, Saladworks was purchased by private equity firm Centre Lane Partners in 2015. It has about 100 locations in 13 states and two countries.
And on the international front …
Arby’s opened its first location in Kuwait in September through franchisee Kharafi Global, which in 2016 signed a development agreement to open at least 25 Arby’s restaurants in Kuwait and Saudi Arabia. The first restaurant is in Jabriya, with two additional locations expected to open in Abu Al-Hasaniya and Al Kout Mall later this year. Kharafi Global operates multiple foodservice brands, including Johnny Rockets, throughout Kuwait and neighboring countries. Arby’s, No. 35 on the Franchise Times Top 200+, also has franchised restaurants in Canada, Japan, Qatar, South Korea and Turkey.
Dessert and bakery concept Nestle Toll House Café by Chip opened its 18th location in Kuwait in September through franchise owner Sulaiman Al Wazzan, chairman of Royal Food Services. The café is inside the Kuwait Credit Bank Building in Kuwait City. Royal Food Services signed on as master developer with the brand in 2011 with plans to develop cafes in Kuwait, UAE and Jordan. Crest Foods Inc., based in Richardson, Texas, is the franchisor of Nestle Toll House Café by Chip, and has more than 160 bakery cafés in the U.S., Puerto Rico, Canada and the Middle East.
Want more? Be in the know about the latest deals and fastest growing brands by signing up for our Development Deal Tracker right here. And if you have multi-unit franchise news of your own to share, send all the details to me at email@example.com.