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November 2019

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Covers everything from good news to bad judgment
Stacks of Conditions Burden Some M&A Deals, Panelists Say

Stacks of Conditions Burden Some M&A Deals, Panelists Say

Franchisors are putting “a lot” more conditions on franchisees these days before they will approve buy-or-sell transactions, some of them burdensome, according to a panel on mergers and acquisitions at the Restaurant Finance & Development Conference on November 12.

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‘Volition’ Is Most Powerful Word, Says RFDC Keynote Rooney

‘Volition’ Is Most Powerful Word, Says RFDC Keynote Rooney

“When you wake up early every morning, it is a gift, and the day that God has given us,” said Major Dan Rooney at a rousing keynote speech at the Restaurant Finance & Development Conference Nov. 13.

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Uno Pizzeria Pins Expansion on New Hub-and-Spoke Model

Uno Pizzeria Pins Expansion on New Hub-and-Spoke Model

When Jim Ilaria joined Uno Pizzeria and Grill in November 2018 the management team was working on a 6,500-square-foot prototype restaurant with the intention of using it to bring the brand into new markets. “And I said that’s not going to work, not where the industry is going, it’s too big,” recalled Ilaria when I sat down with him last week at the Restaurant Finance & Development Conference.

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Vote for Your Favorite Franchises in 4th Annual Franchise Times Zor Awards

Vote for Your Favorite Franchises in 4th Annual Franchise Times Zor Awards

Show your enthusiasm for the best franchises in the industry with the Franchise Times Zor Awards, recognizing the best companies in 10 hot industry segments.

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Corlex Capital Believes ‘This is It’ Really Is

Corlex Capital Believes ‘This is It’ Really Is

The year-old Corlex Capital is taking its second brand to the franchise market: This is It Southern Kitchen & BBQ, an Atlanta-based Southern home-style restaurant chain founded 35 years ago by the Anthony family and now with 11 restaurants in Georgia and two franchise deals signed.

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Doc Popcorn Founder Back in Game for Modern Market Launch

Doc Popcorn Founder Back in Game for Modern Market Launch

A 10-year trek has Modern Market Eatery ready to launch a franchise program in 2020. “We’ve been reinventing the concept from the kitchen out,” said CEO and co-founder Anthony Pigliacampo in an interview at the Restaurant Finance & Development Conference last week.

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Krystal’s New COO an 'Operations Guy' First

Krystal’s New COO an 'Operations Guy' First

In a surprise shake-up, Krystal has a new COO who is leaning on his deep operational background to continue pivoting the company toward growth.

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After ‘Shark Tank’ Surprise, Wine & Design Trends Upward

After ‘Shark Tank’ Surprise, Wine & Design Trends Upward

Shortly after the economy crashed in 2008, Wine & Design CEO and founder Harriett Mills had been laid off from her job in sales and was in search of a new one. It was on a weekend trip with a friend that she would find the inspiration for her concept, which is now a national brand.

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Going Behind the Scenes on Ghost Kitchen Economics

Going Behind the Scenes on Ghost Kitchen Economics

On the third day of the Restaurant Finance & Development Conference in Las Vegas, execs from Kitchen United, Sweetberry Bowls and Dog Haus went behind the scenes on the economics and other details for restaurants now operating within delivery- and takeout-only kitchens.

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Chicken Guy Building Management Coop

Chicken Guy Building Management Coop

Guy Fieri's new Chicken Guy concept is clucking right along with a growing management team and development pipeline.

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Convenience, Experience Are Must-Haves, Restaurant Investors Say

Convenience, Experience Are Must-Haves, Restaurant Investors Say

Convenience, quality and experience. These are the three key drivers impacting not only how restaurants are evolving and investing in themselves but also “how the investor community is viewing where they want to place capital,” said Anish Gandhi, managing director at investment banking firm Brookwood Associates, who spoke on a panel today at the Restaurant Finance & Development Conference.

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ShopoGraphics as the Holy Grail of Real Estate

ShopoGraphics as the Holy Grail of Real Estate

Presented in a quick 7 minutes during the Around the Industry segment on day two of the Restaurant Finance & Development Conference, Paul Sill, founder of Forum Analytics, dove into the concept of what his firm calls ShopoGraphics. It's a deeper way of looking at the pros, cons, opportunities and challenges of retail sites.

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For Restaurants, the Value Equation Keeps Changing

For Restaurants, the Value Equation Keeps Changing

Value is a tricky thing to measure because it’s changing for everyone. But during the 2019 Restaurant Finance & Development Conference this week, Growth Partners Retail President Neil Culbertson laid out attributes that go into the value equation for consumers that goes well beyond price.

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‘Never a Dull Day’ for Dunkin’ CFO Plus Others on Panel

‘Never a Dull Day’ for Dunkin’ CFO Plus Others on Panel

Today started with a bang for Kate Jaspon, the CFO of Dunkin’ Brands, as Dean Foods filed for Chapter 11 bankruptcy protection. Dean Foods supplies ice cream to Baskin Robbins (8,000 stores under the Dunkin’ umbrella) and dairy products to Dunkin’ (13,000 stores formerly known as Dunkin’ Donuts.)

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Little Caesars Targets International Markets in Next Growth Phase

Little Caesars Targets International Markets in Next Growth Phase

As it actively pursues growth abroad, Mike Therrian, director of international development, said Little Caesars is looking to partner with operators of existing QSR or retail concepts, and views itself as a complementary brand and one with a sustainable business model.

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Robots, Ants and Biometrics are the Future of Dining, Says RFDC Speaker

Robots, Ants and Biometrics are the Future of Dining, Says RFDC Speaker

The future of fine dining is here and it features—wait for it—bugs, worms and ants, according to Daniel Del Olmo, founding partner of The Passionality Group, speaking at the Restaurant Finance & Development Conference today.

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A Kiss, Toilet Paper and Other Signs of Recession

A Kiss, Toilet Paper and Other Signs of Recession

Brian Belski, chief investment banking strategist at BMO Capital Markets, strode onto stage and planted a large smooch on his fellow panelist’s cheek, David Rosenberg, chief economist at Gluskin Sheff. From there, the two economists with contrasting points of view were off on a lively discussion on opening day of the Restaurant Finance & Development Conference.

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MOD Pizza’s Founders Talk Purpose, Profits at RFDC

MOD Pizza’s Founders Talk Purpose, Profits at RFDC

MOD Pizza’s founders are doubling down on their efforts to employ the underemployed at their 470-store pizza chain, most recently focusing on people with intellectual and developmental disabilities, said Ally and Scott Svenson on opening day of the Restaurant Finance & Development Conference.

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After Xponential Buy, a Year of Change at Pure Barre

After Xponential Buy, a Year of Change at Pure Barre

Sarah Luna became president of Pure Barre in November 2018 after it was acquired by Xponential Fitness. She's put franchisee support at the center of her growth plans with a goal of bringing stability to the brand.

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In Test, Workout Anytime Reaches Billboard CPMs in Digital

In Test, Workout Anytime Reaches Billboard CPMs in Digital

Workout Anytime found some major efficiencies with a new digital ad program that slashed CPMs, or cost per mille, a measure of ROI in digital advertising.

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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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