Edit ModuleShow Tags
Edit ModuleShow Tags

January 2020

Edit ModuleShow Tags


Covers everything from good news to bad judgment
For Founders Considering Outside Investors, ‘Have a Plan’

For Founders Considering Outside Investors, ‘Have a Plan’

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.

Comments

Greene Turtle Field Trainer Takes 24-hour Super Plunge For Special Olympics

Greene Turtle Field Trainer Takes 24-hour Super Plunge For Special Olympics

Rachel Grant dove into the icy Chesapeake Bay every hour for 24 hours. Crazy? Maybe, but it was for a good cause—raising money for Special Olympics Maryland.

Comments

Three Dough Boys Chapter 11 Closes Episode in Mr. Gatti’s Saga

Three Dough Boys Chapter 11 Closes Episode in Mr. Gatti’s Saga

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.

Comments

‘No Two Alike’ Motto Is One Factor in Bar Louie Decline

‘No Two Alike’ Motto Is One Factor in Bar Louie Decline

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.

Comments

The Big Game at Wing Zone? Selling 1 Million Wings in Three Hours

The Big Game at Wing Zone? Selling 1 Million Wings in Three Hours

At Wing Zone, the company’s “big game” is the days and hours right before kickoff of the actual Super Bowl.

Comments

'Bachelor' Pilot Pete’s Vintage Sylvan Commercial Goes Viral

'Bachelor' Pilot Pete’s Vintage Sylvan Commercial Goes Viral

"The Bachelor's" Pilot Pete starred in a Sylvan Learning Center commercial when he was a kid in 2005 which recently resurfaced.

Comments

Amid Uncertainty, Burgerim Franchisees Form Association

Amid Uncertainty, Burgerim Franchisees Form Association

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.

Comments

FT Dealmakers Judges Cite Complexity, Win-Win as Award-Worthy Attributes

FT Dealmakers Judges Cite Complexity, Win-Win as Award-Worthy Attributes

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.

Comments

For Farmer Behind Franny’s Farmacy, ‘World Is Very Small’

For Farmer Behind Franny’s Farmacy, ‘World Is Very Small’

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.

Comments

88-Year-Old Krystal Files for Bankruptcy Protection

88-Year-Old Krystal Files for Bankruptcy Protection

The 88-year-old Krystal company has filed for bankruptcy protection in an attempt to hit the reset button and get back to its path toward growth.

Comments

In Burgerim Saga, an Unfortunate Set of Predictions

In Burgerim Saga, an Unfortunate Set of Predictions

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.

Comments

ICR Hot Topic: Virtual Restaurants

ICR Hot Topic: Virtual Restaurants

As the virtual restaurant segment grows, there seem to be three dominant paths that take full advantage of the potential for new ways of doing business.

Comments

Is Your Lawyer a Legal Eagle? Nominate Them!

Is Your Lawyer a Legal Eagle? Nominate Them!

As we get closer to the announcement of the 2020 class of Legal Eagles, let’s look back at what makes them so great.

Comments

Curry Up Now Snags Investment From Joe Montana’s VC Firm

Curry Up Now Snags Investment From Joe Montana’s VC Firm

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.

Comments

Latest Illinois Case Shows Risk in Using Biometric Data

Latest Illinois Case Shows Risk in Using Biometric Data

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.

Comments

Regis Take-Back Shows Road to Asset Light Can Be Rocky

Regis Take-Back Shows Road to Asset Light Can Be Rocky

A deal has come undone between Regis Corp. and The Beautiful Group, the Los Angeles-based franchisee that acquired some 500 Regis and Mastercuts mall-based hair salons in 2017.

Comments

Anita Adams Moves Into CEO Role at Black Bear Diner

Anita Adams Moves Into CEO Role at Black Bear Diner

In a long-planned leadership change-up, Anita Adams has been named CEO of casual dining concept Black Bear Diner.

Comments

Final Joint Employer Rule Gives ‘Clarity’ to Franchise Industry

Final Joint Employer Rule Gives ‘Clarity’ to Franchise Industry

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.

Comments

South Korean Bonchon Crests 100 U.S. Locations

South Korean Bonchon Crests 100 U.S. Locations

Not many international brands get beyond a few locations in big, global markets. But Bonchon just inched over the 100-location mark.

Comments

Women-only 30 Minute Hit Continues U.S. Expansion

Women-only 30 Minute Hit Continues U.S. Expansion

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.

Comments

Edit ModuleShow Tags
Edit ModuleShow Tags
Edit ModuleShow Tags
Edit ModuleShow Tags
Edit ModuleShow Tags
Edit ModuleShow Tags


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.

Laura MichaelsLaura Michaels is editor of Franchise Times. She can be reached at 612.767.3210, or send story ideas to lmichaels@franchisetimes.com.
 
Beth EwenBeth Ewen is senior editor of Franchise Times. She can be reached at 612.767.3212, or send story ideas to bewen@franchisetimes.com.
 
Nicholas UptonNicholas Upton is restaurants editor at Franchise Times. He can be reached at 612.767.3226, or send story ideas to nupton@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.
 

Archives

Categories

Feed

Atom Feed Subscribe to the Franchise Times News Feed »

Recent Posts