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May 2019

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Covers everything from good news to bad judgment
Franchisee Profitably Must Come First, Say Emerging Brand Execs

Franchisee Profitably Must Come First, Say Emerging Brand Execs

When Rocco Fiorentino took over as president and CEO of Primo Hoagies in 2017 the franchise’s mission statement was guided by “command and control,” he says. “Today it’s franchisee profitability, that’s my one and only priority.” He, along with Slim Chickens COO Sam Rothschild and Woofie’s Pet Ventures founder Amy Reed, offered advice to early-stage franchisors during a panel discussion today at the International Franchise Expo.

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Ever-Growing Methods of Mobility at IFE

Ever-Growing Methods of Mobility at IFE

The new convenience economy and paths to it are still growing at a rapid rate, as three growing brands described during the 2019 International Franchise Expo in New York.

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Google Just Boosted Delivery’s Visibility

Google Just Boosted Delivery’s Visibility

Google added a “Order Delivery” button to its search function, allowing customers to summon meals from their favorite restaurants, delivered through Postmates, DoorDash, Delivery.com and others. By reducing friction for hangry consumers, integration of delivery into Google could bring a new wave of later-adopters into the on-demand ecosystem.

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What Private Equity Investors Want in a Franchise Deal

What Private Equity Investors Want in a Franchise Deal

The intricacies of a private equity acquisition of or major capital investment in a franchisor go beyond a cultural fit, panelists at the International Franchise Expo all said, with unit economics, franchisee satisfaction, and a stable and growing royalty revenue stream at the forefront.

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‘Besides the Rules,’ GreenLight Founders Excited for Franchise Debut

‘Besides the Rules,’ GreenLight Founders Excited for Franchise Debut

Backed by HouseMaster boss Kathleen Kuhn, Gregg and Karen Frank are set to debut GreenLight Mobility at the International Franchise Expo starting tomorrow.

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Hall of Famer Law Uses NFL Connections at Launch

Hall of Famer Law Uses NFL Connections at Launch

Ty Law, co-founder of Launch Entertainment and Pro Football Hall of Famer, at first didn’t think much of the trampoline park business when he visited one several years ago. Then he started counting the busloads of kids.

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Vacationers Like Airbnb, Work Travelers Pick Hotels, Study Says

Vacationers Like Airbnb, Work Travelers Pick Hotels, Study Says

With more than two million people staying in Airbnbs every night, peer-to-peer vacation rentals “have become a disruptive force the travel industry cannot ignore,” concludes a new study by Clever Real Estate, just in time for the official start of the summer vacation season. "There's a reason it's called 'disruption.'"

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Fat Shack Nabs 'Shark Tank' Investment

Fat Shack Nabs 'Shark Tank' Investment

Are you feeling like a Fat Slob or a Fat Cow tonight? That’s the chief conundrum for lines of inebriated Fat Shack customers looking for a high-calorie lullaby to whisk them off to dreamland.

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At Kitchen United’s First Facility, Someone Else Does the Dishes

At Kitchen United’s First Facility, Someone Else Does the Dishes

The conveyor belt may be the neatest thing at Kitchen United’s first ghost kitchen, in the River North neighborhood in Chicago, unless you count the fact that someone else does your dishes.

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Frenchies Nail Salon Joins Century Club

Frenchies Nail Salon Joins Century Club

While casting a skeptical eye on big franchise growth projections, it’s very cool to see a brand actually hit the milestones it has promised. The latest to pass a major checkpoint is Colorado-based Frenchies Modern Nail Care, which just hit 100 units.

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Data Dive Shows What LTOs Actually Drive Metrics

Data Dive Shows What LTOs Actually Drive Metrics

What LTOs actually drive traffic is a big question in QSR, and some new data offers a glimpse at what makes a successful limited-time offer.

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In Delivery Watch, Here Comes Amazon

In Delivery Watch, Here Comes Amazon

It’s been clear that Amazon has its eyes on the meal delivery space, but it’s now making its big move with word that Seattle’s deliver-everything giant led a $575 million financing round in Deliveroo, one of Europe’s largest third-party delivery platforms that’s based in London.

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Long-time Operators Try Hand at Factory Donuts Launch

Long-time Operators Try Hand at Factory Donuts Launch

David and Heather Restituto spent a long time in the Grease Monkey, Meineke and Rita’s Italian Ice brands as franchisees, becoming the largest Rita’s franchisee in the system, and they’re now pivoting to launch Factory Donuts as a franchisor.

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One-Liners Mark Pizza Schmizza’s Pitch to Operators

One-Liners Mark Pizza Schmizza’s Pitch to Operators

A garlic-infused pizza called “No Kiss Tonight” is just one of many clever names at Pizza Schmizza, the 23-unit brand founded in Portland, Oregon, that now has three separate concepts as described by Ron Berger, CEO, at the Franchise Times Finance & Growth Conference in Las Vegas last week.

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With 100 Years Behind It, A&W Reshapes for the Future

With 100 Years Behind It, A&W Reshapes for the Future

A&W has no intentions of competing in the QSR discounting arena. “We’re not going to play there,” said CEO Kevin Bazner as he stressed the brand, which is celebrating its 100th anniversary this year, is keeping its focus on quality food.

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Structural Elements Has Perfect Pairing with Fitness Franchises

Structural Elements Has Perfect Pairing with Fitness Franchises

Structural Elements Founder Doug Bertram waited until he made a few salient points about his franchised orthopedic wellness clinic before introducing himself to the audience at the Franchise Times Finance & Growth Conference May 6-8 in Las Vegas.

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Melt Shop’s Guilty Pleasure Food Sparks Joy in Consumers

Melt Shop’s Guilty Pleasure Food Sparks Joy in Consumers

Josh Morgan, COO, described his concept, the Melt Shop, as a fast-casual restaurant granting diners permission to enjoy the food. “We invented the melted sandwich concept while playing with our friends,” he told the audience on day two of the Franchise Times Finance & Growth Conference in Las Vegas. “We started with grilled cheese and evolved.”

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Conserva Irrigation Sees Potential in Leaky Pipes

Conserva Irrigation Sees Potential in Leaky Pipes

Making the pitch that growing Conserva Irrigation is job one after divesting Mosquito Squad, Outdoor Living Brands CEO Chris Grandpre said he sees massive potential in servicing irrigation systems in a world of growing water restrictions and costs.

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Mountain Mike's ‘Agents’ Bring Localized Accountability

Mountain Mike's ‘Agents’ Bring Localized Accountability

At Mountain Mike's Pizza, six development agents help "steward" franchisees through all of franchise life's trials and tribulations.

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Sub Zero Pivots to Dietary Restrictions

Sub Zero Pivots to Dietary Restrictions

Sub Zero showed a revised strategy based on the brand’s reaction to the tsunami of dietary restrictions, both real and self imposed. With a mix of shock value from a blast from the nitrogen tank and great on-stage banter, Sub Zero presented a truly fresh take on its growing ice cream business.

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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 senior editor of Franchise Times. He can be reached at 612.767.3209, or send story ideas to tkaiser@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.
 
Laura MichaelsLaura Michaels is 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.
 

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