franchise development

Houston — Shipley Donuts has signed a three-unit franchise agreement in Cincinnati, marking its entry into Ohio. The deal is with Houston-based Koelache Co. LLC, which plans to open its first Shipley location in first quarter 2027, with the other two units expected to open through 2029.  Founded in Texas in 1936 and expanding rapidly into new markets, Shipley Donuts is known for its signature hot glazed donuts plus dozens of varieties of fresh, handmade donuts including filled, iced and cake donuts. Shipley is also famous for its kolaches, which …

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Los Angeles — FBG Bid Co. has completed the acquisition of substantially all assets of certain subsidiaries of FAT Brands Inc. for approximately $595 million. The transaction included 13 restaurant brands spanning more than 1,700 locations worldwide: Round Table Pizza®, Fatburger, Marble Slab Creamery, Johnny Rockets, Fazoli’s, Great American Cookies, Buffalo’s Cafe & Express, Hurricane Grill & Wings, Pretzelmaker, Native Grill & Wings, and Ponderosa and Bonanza Steakhouses, in addition to the Georgia-based manufacturing facility that supports Great American Cookies and Pretzelmaker. The transaction was approved by the United States …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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