The typical Hooters restaurant is a 5,000- to 7,000-square-foot sports bar and casual dining restaurant with an investment cost upwards of $2 million. Hoots Wings, by contrast, has a footprint between 1,300 and 1,800 square feet and an investment range that starts under $500,000.
Hear from the founder of HHO Carbon Clean Systems, a mobile franchise founded in 2020 offering an eco-friendly solution to cleaning carbon buildup on engines.
Checkers Drive-In Restaurants, the parent company of burger franchise Checkers and Rally’s, received a $20 million investment from owner Oak Hill Capital Partners IV to fund a five-year growth plan, which includes an upgraded kitchen and new restaurant design.
Everytable is growing under a unique social equity franchising program that serves as the "capstone" of the company's mission to bring healthy food to underserved communities.
NFL superstar Drew Brees has signed with Stretch Zone, becoming its most famous franchisee and taking a seat on its newly created board of directors. He plans to open stretching studios in New Orleans, San Diego and the Midwest, but details will have to wait—the Saints quarterback has some football to play.
Driven Brands Holdings Inc. raised $700 million in its initial public offering yesterday, selling almost 32 million shares, down from a planned 38 million, for $22 each. That's 19 percent higher than its initial range of $17 to $20. The IPO set a couple of records, too, according to BofA Securities, bookrunner on the deal.
Now that the worst year ever has given way to who knows what, it’s time for some predictions for which types of franchises will rule in 2021, in a pandemic world at first and then later (we hope) post-pandemic.
Young franchise concepts can garner loads of attention, especially as they envision major development deals that yield hundreds of locations across the country and consumers who flock to their doors. The reality is often much harsher, however.
Xponential Fitness acquired four brands in 2018 and another in 2019 to round out its portfolio of eight fitness franchises. The franchisor of Club Pilates and CycleBar added Pure Barre, Row House and the dance-based studio brand AKT among others since its creation in 2017 by CEO Anthony Geis…
Reading an FDD is daunting, but Franchise Times has a few shortcuts for prospective franchisees, to help them make an initial decision whether to investigate the brand further or move on. Read below to learn about Item 19 and Item 20, and why they matter.
Wild Wing Café has reinstated live music at all 18 corporate restaurants, with COVID-19 safety precautions such …
Al Bhakta of Eclipse RTO became Rent-A-Center’s largest franchisee in October when his franchise group acquired …
Reading an FDD, the multiple-page franchise disclosure document required for any franchise offered for sale, see…
The new owners of Title Boxing Club were still processing their purchase of the 166-unit franchise, the industry…
Is there such a thing as too much chicken? A look at sales data for restaurant franchises serving all things ten…
The massive sales process for NPC International's more than 1,300 restaurants is nearly complete following separ…
McDonald's new chicken sandwiches are set to launch in restaurants February 24. The sandwiches come as the much-…
During a monster truck event to promote its new Mother Cruncher Chicken Sandwich, Checkers and Rally’s “crunched…
Formerly the largest franchisee in the Orangetheory Fitness chain, James Webb sold his 31 gyms to private equity…
The Franchise Times Restaurant 200 list of the top 200 restaurant franchisees.
Congratulations to our 2020 class of Legal Eagles. These attorneys live and breathe franchising and understand the nuances of this unique business model at a deep level.
The Franchise Handbook is the first place to start your journey into franchising. We have selected the best franchise opportunities, financial contacts and vendors to navigate you to success.
