franchisetimes.com
WEBMalls Remain Ripe for Development—for the Right Franchises. Franchise Times provides franchisees and franchisors with reliable information and resources for building and growing a franchise or franchise system.
WEB30 Franchise Times | August 2022 1 Flynn Restaurant Group San Francisco, CA $3,700,000,000 937 Pizza Hut 441 Applebee's 368 Arby's 285 Taco Bell 192 Wendy's
How the Franchise Industry Is Tackling Diversity & Inclusion
WEBMay 27, 2021 — Hilton Hotels & Resorts ranks No. 15 on the Franchise Times Top 200+, with estimated systemwide sales of $10.4 billion in 2019 and with a steep investment range starting at $33 million to build one. The company has more than a dozen brand flags such as Doubletree, Embassy Suites, Hilton Garden …
Goldman Sachs Purchase Puts ‘Horsepower’ Behind Zaxby’s …
WEBMar 29, 2021 — One thing is very different for Zach McLeroy, CEO of Zaxby’s, now that Goldman Sachs Merchant Banking Division bought the brand and Tony Townley, his business partner for 30 years,
Largest Franchisee Flynn Details Acquisition Machine
WEBMar 9, 2021 — But what we've found, we've been able to maintain over 25 percent compounded annual growth rate, over 20 years." He cited Flynn Restaurant Group's acquisition in 2018 of U.S Beef, the biggest Arby's franchisee with 386 restaurants."That's the playbook" for NPC, in which Flynn will pay $552.5 million to buy 900 Pizza Hut and 200 Wendy's restaurants.
Chick-fil-A’s Earnings Top $1 Billion for Second Straight Year
WEBApr 6, 2023 — Chick-fil-A's AUV hit $8.6 million in 2022 for its domestic franchised restaurants not located in malls. Compared to five years ago, Chick fil-A’s average unit volume has increased 53 percent. Chick-fil-A Inc. reported record revenue for 2022, although higher restaurant operating expenses including food …
Why Jersey Mike’s Is Tapping Danny DeVito as First Celebrity …
WEBSep 20, 2022 — Watching the crew at Jersey Mike’s slice the meats and cheeses for a sandwich sends a “rush of emotions through a person.” That’s the sentiment expressed by Danny DeVito as he delights in the preparation of a Jersey Mike’s sub during a new advertising spot, part of the brand’s recently launched national campaign titled, …
Franchisee Liquidity Is One Link to Successful Franchise …
WEBOct 28, 2020 — As the saying goes, “franchising is simple, as long as franchisees are making money.” However, in some systems, it may seem easier to sell franchises than to actually get them open and profitable—and then to keep them profitable.
After Major Changes, Jamba Juice Gets Acquired by Focus Brands
WEBAug 2, 2018 Updated Oct 13, 2020. Courtesy of Jamba Juice. Jamba Juice is going private. The 800-unit brand known for its smoothies will be acquired by Focus Brands. Focus Brands will pay $13 per share, a 36 percent premium to the 200-day trading average of $9.50 that adds up to a $200 million sale price. The price shows all the work that Jamba ...
Inside the Craze at Fast-growing Franchise Crumbl Cookies
WEBOct 27, 2021 — The cost to open a Crumbl ranges from $229,666 to $574,833, including a $25,000 franchise fee. Franchisees pay an 8 percent royalty fee. The average unit volume was $1.27 million in 2020, according to Crumbl’s franchise disclosure document. Maguire said his stores are “doing really well” and “on the financial side, we’re very happy.”.