Toledo, Ohio — Marco’s Pizza is developing a new Operations Center of Excellence in Orlando, Fla., a strategic investment designed to elevate franchisee training, strengthen operational execution and support the brand’s continued national and international expansion. The new facility represents an extension of the company’s headquarters in Toledo, Ohio. Construction is currently underway, with the facility expected to open in fall 2026. Located at 222 South Orange Ave. in downtown Orlando, the approximately 14,030-square-foot center will serve as a corporate office, training destination and operational hub. Backed by an investment …
franchise development
Louisville, Ky. — Yum! Brands Inc., the Louisville-based operator of the Pizza Hut, Taco Bell and KFC franchises, has entered into an agreement to sell the Pizza Hut chain across two separate transactions with a combined value of $2.7 billion. LongRange Capital, a private equity firm based in Stamford, Conn., has agreed to purchase Pizza Hut outside of mainland China for approximately $1.5 billion. The company is financing its acquisition using funds from UBS Investment Bank. Yum China Holdings Inc., which is based in Shanghai and was spun off from …
Lexington, Ky. — PJ’s Coffee of New Orleans has signed a 7-unit license agreement with Steve Estepp, founder of Estepp Energy and Coffee Dudes LLC, to expand the New Orleans-born coffee brand throughout convenience stores in Central Kentucky. A locally owned and family-operated business, Estepp Energy has built a strong reputation throughout Kentucky’s convenience store industry over the past 50 years by emphasizing operational excellence, customer service and strategic growth. Today, the company operates more than 13 convenience stores across Central Kentucky and continues expanding its portfolio with complementary brands …
Atlanta — Krystal, the iconic quick-service chain that has been serving its signature square sliders hot off the grill since 1932, opened its first New Jersey restaurant on June 4 in Union, marking the brand’s Northeast debut. “Opening our first restaurant in New Jersey is a major milestone for Krystal and an important next step for the brand,” says Amanda Hyde, chief operating officer of Krystal. “Krystal has always had fans beyond the South, and now we’re proud to introduce the full experience to the Northeastern community.” Krystal is actively …
Pasadena, Calif. — Dog Haus is following up the announcement of a 50-unit development deal with the appointment of Chris Rigassio as president and chief development officer, and Garen Khodaverdian as chief operating officer. Beyond their franchisee deal and leadership roles, they also joined the brand’s partnership, alongside company founders Hagop Giragossian, Quasim Riaz and André Vener, as well as CEO Michael Montagano. Reporting directly to Montagano, the seasoned franchise leaders will oversee the brand’s planned 1,500-unit expansion across new and existing markets — beginning immediately with their first location …
Irvine, Calif. — Xponential Fitness has signed a multi-unit franchise deal with Riser Fitness to develop 127 new Club Pilates studios over the next 5 years. Riser Fitness has also obtained the rights to develop all remaining, non-contracted studio locations in six states, including California, Idaho, Minnesota, Nevada, Oregon and Washington. Riser Fitness, a family-owned operator, maintains more than 110 studios across eight states with a growing international footprint. Most recently, the company debuted its first Club Pilates studio in Mexico City and will begin a 40-unit development plan alongside …
Alpharetta, Ga. — Your Pie, a pizza brand known for its customizable brick-oven pizzas and open-kitchen dining experience, is targeting scalable growth across the Southeast, with a focus on metro Atlanta, the Chattanooga-Knoxville-Nashville corridor and Columbia, S.C. “Focusing on the Southeast markets is big for Your Pie right now, especially with the growing population and demand for something new in those areas,” says Ken Caldwell, CEO and head of development of Your Pie. “We believe that these markets resonate exceptionally well with our brand and will give us the opportunity …
Greenville, S.C. — New York Butcher Shoppe, a neighborhood butcher and specialty market, is making strides in its franchise development goals for 2026. The news follows a recent announcement of a strategic investment partnership with The Foundry Group, which brings hands‑on operational expertise to strengthen the company’s foundation and support scalable, nationwide franchise growth. New York Butcher Shoppe currently operates 42 units across 10 states and is advancing toward its 50th location, set to open by the end of the year. The brand’s development pipeline is robust, with nine new …
Los Angeles — Sweetgreen, Inc. has appointed Cindy Olsen as the company’s senior vice president, chief strategy officer, a newly created role reporting to CEO Jonathan Neman, effective immediately. Olsen joins Sweetgreen from Chipotle Mexican Grill. “Cindy is known for her ability to drive profitable growth through a disciplined approach to strategic decision-making,” says Jonathan Neman, co-founder and CEO of Sweetgreen. “She is the perfect addition to the executive team at this juncture in our transformation, with deep consumer and restaurant industry experience and a track record of bringing rigor …
Belmar, N.J. — Playa Bowls, the nation’s leading superfruit and acai bowl brand, is expanding its leadership team with a series of key appointments and promotions as it prepares to grow beyond 400 shops nationwide. Jayson Tipp, formerly chief development officer, has been named chief growth officer, expanding his role to oversee development, technology and digital marketing while leading the brand’s enterprise growth strategy. In his stead, Playa Bowls has appointed Patrick Turek as chief development officer. In this role, Turek will lead franchise development, real estate, design and construction, …