Ace Hardware is two weeks away from re-launching its new franchise, to be called Ace Handyman Services after an acquisition last September, and has hammered out details about one of 2020’s most intriguing new offerings in an amended franchise disclosure document.
The first guest in line for the grand opening today of Chicken Salad Chick in Baton Rouge, Andrew Doan, showed up at 5 p.m. the evening before, slept in his camp chair and waited out the drizzle until opening time 10:30 a.m. Wednesday.
In its first big deal, BBQ Holdings Inc., the parent company of the Famous Dave’s franchise, will buy fellow Minnesota-based chain Granite City Food and Brewery. The acquisition of the 25-unit casual dining concept comes two months after Granite City filed for Chapter 11 bankruptcy protection.
Now at 150 locations, Chicken Salad Chick had a good 2019 and it’s looking like a good 2020, too. But as the good times roll, CEO Scott Deviney said a key part of his job is keeping the concept feeling like it did at 15 locations.
Experts from haircutting franchise Sports Clips, home service parent company Neighborly, and women-only kickboxing circuit 30 Minute Hit converged for a panel on building trust and engagement with your franchisees at the International Franchise Association convention in Orlando. Here are their top tips, ranging from surprisingly simple to easier-said-than-done.
Broke fashionistas, this one's for you: Kentucky Fried Chicken X Crocs Clogs are billed as this spring’s hottest shoe, looking like a bucket of KFC chicken and complete with two removable charms that look like a fried drumstick.
Detail Garage VP John Mansfield gave a general defense against allegations in a sweeping lawsuit filed in California District Court in late January, but did not address specific claims made in Cardinal Investments One v. Detail Garage.
Speaking today at the IFA Convention in Orlando, Kevin Hochman, who as chief marketing officer in 2015 was part of the campaign to resurrect the Colonel, shared how KFC revamped its strategy in the face of slumping sales and franchisee unrest.
The fitness franchise is targeting “high-level investors” in an attempt to grow the brand in a studio fitness segment brimming with competitors. Britt Canady, named CEO in January, said Tough Mudder Bootcamp has a “controlled but very aggressive growth strategy,” and benefits from the “national and international brand awareness” that comes with the Tough Mudder name.
A sweeping lawsuit against Detail Garage claims the founders of the auto-detailing supplies retailer are running a “shell-franchise operation” and “anticompetitive scheme” whose actual purpose is to boost revenue for their affiliate companies, primarily Smart LLC and ChemicalGuys.com and including 14 entities in all.
An understanding of what exactly they want is something too many franchise founders overlook before jumping into talks with outside investors, said Anthony Polazzi, president and CEO of AP Franchised Concepts, which he established in 2016 to invest in and operate restaurant and retail concepts.
When Three Dough Boys, comprised of former Papa John’s execs Jeff Tisdel and Kenny Starks plus a third partner, bought 13 corporate locations of Mr. Gatti’s Pizza in Austin, Texas, in 2018 for $4 million, the three were hailed as “a powerful addition for our brand.” Now the investment group has filed for Chapter 11 bankruptcy protection.
Bar Louie hired an investment banker to sell the chain of 134 restaurants last fall, but three letters of intent turned up no deal. Now the Addison, Texas-based chain has filed for Chapter 11 bankruptcy protection.
Working with the American Association of Franchisees and Dealers, a nonprofit trade group, the Burgerim franchisee association formed following reports of mismanagement and misappropriation of franchisee funds within the system.
It’s selection time for this year’s winners of the eighth annual Franchise Times Dealmakers project, and the eight outside finance and M&A experts and four staff members who helped us choose gave an inside look into what they believe makes for successful deals.
Freshly home from a trip to Cuba where she talked and toured with farmers, Franny Tacy is on a mission to educate people worldwide how to grow hemp profitably and produce CBD products derived from it with integrity.
When Burgerim began selling franchises in the U.S., it did so without the usual validation. What Burgerim did have was its president, Oren Loni, an Israeli citizen who claimed to have extensive experience in launching "highly successful" restaurant franchises in Israel and other European countries.
Liquid 2 Ventures, a seed-stage venture capital firm, is getting into the restaurant business, investing in fast-casual Indian franchise Curry Up Now. The San Francisco-based firm counts among its founders Hall of Fame quarterback Joe Montana, also a serial angel investor whose investments include Pinterest and Dropbox.
A lawsuit filed last month in Illinois against the retailer Target for its use of facial recognition technology illustrates the potential liability for franchises, points out Dawn Johnson, attorney at Greensfelder, Hemker & Gale.
One month after the National Labor Relations Board absolved McDonald’s of responsibility for alleged labor violations by its franchisees, the franchise industry received further clarity on the issue of joint employment after the U.S. Department of Labor issued a final rule January 12.
30 Minute Hit offers a circuit training model that doesn’t restrict members to specific class times. But that’s not the only differentiator in a boxing sub-segment that’s become increasingly competitive, with the likes of 9Round, Title Boxing and I Love Kickboxing vying for members—and for franchisees.
Two former Home Helpers franchisees are launching Elder-Well, what they call a first-to-market franchise in which owners offer an adult day program for seniors in their own homes or in leased single-family homes or commercial buildings.
Habit Burger shareholders gave a thumbs up to the proposed purchase of the California-based chain by Yum Brands, pushing the stock up 32 percent in its first day of trading after the $375-million acquisition ($14 per share) was announced.
“There are 24,000 single women in Houston living under the poverty line, and I want to just knock that down in the next 10 years,” declared Jonathan Carr, president of Christian Brothers Automotive Foundation. His vehicle to meet that goal is The Hub Garage.