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October 2019

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Covers everything from good news to bad judgment
 Would You Like Plant Cheese on That?

Would You Like Plant Cheese on That?

Could plant-based dairy be the next explosive menu addition?

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Fountain Looks to Bring Gig Hiring Tactics to QSR

Fountain Looks to Bring Gig Hiring Tactics to QSR

Fountain is using a new $23 million investment to bring its gig-centric approach to the traditional franchise space.

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Don’t Be an Idiot, and Other M&A Advice at Faegre Event

Don’t Be an Idiot, and Other M&A Advice at Faegre Event

“This weekend I was reading the latest PitchBook report, and it said another $2 trillion year for M&A, fewer transactions but sky high valuations continue,” said Sima Griffith, principal at Aethlon Capital, at the Faegre Baker Daniels M&A Conference in Minneapolis today.

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Sticker Shock, Founder Phobia Are M&A Hot Topics

Sticker Shock, Founder Phobia Are M&A Hot Topics

Neighborly’s blistering acquisition pace of late has slowed this year, said Grayson Brown, executive vice president and general counsel at the franchisor formerly known as Dwyer Group, with sticker shock the culprit. He spoke today at the Faegre Baker Daniels M&A Conference.

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Round Table Pizza Rolling Out ‘Royal’ New Design

Round Table Pizza Rolling Out ‘Royal’ New Design

When you acquire a legacy brand like Round Table Pizza, there is often a lot of work to do. Luckily for Global Franchise Group, there was only one big undertaking: a refresh.

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Jeff Sturgis Joins Fish as PR Firm Launches Franchise Consulting

Jeff Sturgis Joins Fish as PR Firm Launches Franchise Consulting

Jeff Sturgis, formerly the chief development officer at Fazoli’s and McAlister’s Deli, and senior VP of development for Fantastic Sams, brings his expertise to Fort Lauderdale-based Fish Consulting as it offers franchise development services to its clients.

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Broadway-Bound or Not, Attorneys Present Franchise Drama

Broadway-Bound or Not, Attorneys Present Franchise Drama

Deborah Coldwell and Ronald Gardner took a dramatic approach to presenting their topic called “The Road to Purgatory or Paradise. The devil is in the details.” They handed attendees a Playbill, just like the ones you get on Broadway, and let the play commence, at the American Bar Association’s Forum on Franchising last week.

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It’s Not Tampering, It’s Story-Telling, Attorneys Say at Franchise Forum

It’s Not Tampering, It’s Story-Telling, Attorneys Say at Franchise Forum

“So is this the witness tampering class?” joked the attorney (at least I think he was joking) walking into a panel on “effective witness preparation in a franchise case” at last week’s American Bar Association Forum on Franchising in Denver.

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Hungry Howie’s Adds Free Mammograms to ‘Love, Hope & Pizza'

Hungry Howie’s Adds Free Mammograms to ‘Love, Hope & Pizza'

Every October, the pizzas boxes at Hungry Howie’s turn bright pink to mark the beginning of breast cancer awareness month. This year Hungry Howie’s celebrated the 10th anniversary of its “Love, Hope & Pizza” effort, through which the company donates a portion of its profits to the National Breast Cancer Foundation.

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New Capriotti’s Franchisee Stakes Ground in Pacific Northwest

New Capriotti’s Franchisee Stakes Ground in Pacific Northwest

From Sweeto Burrito to Capriotti’s, restaurant veteran and multi-unit franchisee Steve Holdeman has his sights set on bringing sub sandwiches to the Pacific Northwest. Capriotti’s and Holdeman inked a deal that will see 17 new units go up in multiple states by 2025.

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My Favorite Muffin Gets Back to Basics

My Favorite Muffin Gets Back to Basics

The leadership team at My Favorite Muffin thinks going back to basics is the path forward.

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PuroClean Leads Pack in Strong Disaster Restoration Segment

PuroClean Leads Pack in Strong Disaster Restoration Segment

Systemwide sales at disaster restoration franchises on Franchise Times’ Top 200+ list hit $4 billion in 2018, an 18.9 percent increase, our researched showed.

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Inspire Brands Finalizes Jimmy John’s Acquisition

Inspire Brands Finalizes Jimmy John’s Acquisition

The acquisition of sandwich giant Jimmy John’s has gone through, so the nearly 3,000-restaurant brand is now part of Inspire Brands, which is now the fourth-largest restaurant company in the United States.

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Buzz Kill for Cannabis Lawyers at ABA Forum on Franchising

Buzz Kill for Cannabis Lawyers at ABA Forum on Franchising

A buzz kill was in store today as attorneys packed into a panel about cannabis and franchising and mostly heard about dire warnings and ever-changing regulations, at the American Bar Association Forum on Franchising in Denver.

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Unity Rd Is New Name for One Cannabis, But Chief Grower Misses Old Days

Unity Rd Is New Name for One Cannabis, But Chief Grower Misses Old Days

Today the One Cannabis grow facility in Colorado is completely buttoned-down and highly regulated, a far cry from 2009 and the "cowboy" days of the marijuana business.

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If Age Is Just a Number, Consider YoungConference

If Age Is Just a Number, Consider YoungConference

If you’re at that awkward age when everyone from the airplane captain to your new boss to your gastroenterologist is about as old as your children, you may think you’re too long in the tooth for the Franchise YoungConference—but Zack Fishman says maybe not.

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Cherry Hearn Brings Many Hats to Role of Which Wich President

Cherry Hearn Brings Many Hats to Role of Which Wich President

From outside counsel to franchisee to general counsel for the brand, Cherry Hearn brings a lot of varied experience to her new job as president of Which Wich.

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Five Guys, BurgerFi Show Better Burger Strength on FT Top 200+

Five Guys, BurgerFi Show Better Burger Strength on FT Top 200+

Though it remains a small portion of the overall burger category, which sits at $154 billion in total sales, better burger franchises on the Franchise Times Top 200+ grew their top lines by nearly 7 percent to $2.9 billion in 2018. The Top 200+ is Franchise Times’ exclusive ranking of the 500 largest franchises based on global systemwide sales.

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Famous Dave's Shrinks Restaurants, Shifts Menu for Delivery

Famous Dave's Shrinks Restaurants, Shifts Menu for Delivery

Famous Dave’s released details of a new, more compact restaurant prototype geared toward increased delivery and catering in Minneapolis. This smaller store format is part of the brand’s multi-year revival that has included several new store designs.

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Frequent Founder Adds ‘Automatic Fit’ in Kitchen Wise

Frequent Founder Adds ‘Automatic Fit’ in Kitchen Wise

Paul Flick is the founder of three franchises—360 Painting, Pro Lift Doors and Handyman Pro—and he’s just completed his second acquisition, adding Kitchen Wise under the Premium Service Brands umbrella.

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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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