franchise development

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Batteries Plus Promotes Joe Malmuth to Chief Development Officer

by Katie Lee

Hartland, Wis. — Batteries Plus, the nation’s franchise leader in battery retail, has promoted Joe Malmuth to the position of chief development officer. In this new role, he will lead the brand’s robust plans for franchise growth and development. Malmuth has been with Batteries Plus for nearly 4 years, serving in a multitude of roles related to Batteries Plus’ franchise development arm, most recently as chief franchising officer. Malmuth’s tenure as chief franchising officer, a position he’s held since fall 2022, has been marked by significant achievements of the growth …

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Bad Ass Coffee of Hawaii Aims to Open 20+ New Stores in 2024

by Katie Lee

Denver — Bad Ass Coffee of Hawaii is gearing up for a momentous 2024, following a year that saw 25 new franchise agreements and the opening of seven new stores, three of which were in new markets. The brand now has more than 100 stores in the development pipeline and aims to secure agreements for an additional 36 locations while opening more than 20 additional stores in 2024. During 2023, the company emphasized greater focus on implementing refined systems and processes with franchisees which resulted in improved store-by-store financial performance. …

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Modern Market Eatery Projects Strong 2024 Growth; Will Remodel All Locations in Colorado

by Katie Lee

Denver — Modern Market Eatery, a better-for-you fast-casual dining brand, expanded its presence in 2023, opening restaurants in new and current markets, including its first new franchised location and drive-thru restaurant. The brand continues to expand in 2024 with 42 locations slated to open over the next 6-7 years. In addition to new growth, the brand started its first extensive remodel project in brand history, which will update all of its legacy Colorado restaurants. In 2023, the brand opened three new restaurants, which included the following: • One new company-owned …

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Cover Storyfranchise developmentFrom The Magazineretailers

Reaching New Heights

by Katie Lee

— By Hayden Spiess — Bouldering gym concept VITAL continues to expand and provide an increasingly climbing-curious population with standout facilities. When looking for new markets that might be a fit for their brand, the owners of VITAL Climbing Gym, a bouldering concept, seek out locations that are “in the mix and part of people’s lives.” This is somewhat paradoxical with the genesis of the company, which originated during a long and very solitary bike tour more than a decade ago. Co-founder David Sacher recounts that he was alone in …

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The Coffee Bean & Tea Leaf to Enter New North American Markets in 2024

by Katie Lee

Los Angeles — The Coffee Bean & Tea Leaf, a Southern California global roaster and retailer of premium coffee and tea, is marking 60 years in business by unveiling a strategic franchising initiative aimed to accelerate growth in North America. Expansion goals for 2024 include venturing into new and untapped markets, notably Illinois, Texas, New Mexico, Arizona, Canada and Mexico. The company is projected to sign more than 225 new store commitments through multi-unit development agreements and single café franchise agreements, emphasizing both traditional and non-traditional growth avenues such as …

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Walk-On’s Sports Bistreaux Adds to Leadership Team

by Katie Lee

Baton Rouge, La. — Walk-On’s Sports Bistreaux has appointed Trey Hughes as senior director of franchise sales. The nationally renowned restaurant and sports bar has also hired Andy Izquierdo as its vice president of communications. “We are excited to welcome Andy Izquierdo and Trey Hughes to the Walk-On’s family. Their impressive backgrounds and proven track records align seamlessly with our commitment to delivering an exceptional guest experience. As we continue our journey of expansion, their strategic insights and leadership will undoubtedly play a pivotal role in further elevating Walk-On’s Sports …

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Layne’s Chicken Fingers Welcomes Chief Development Officer

by Katie Lee

Frisco, Texas — Layne’s Chicken Fingers, a growing chicken franchise with 13 restaurants open and another 113 sold, is welcoming part-owner Eric Reed as its new chief development officer to support the system’s ongoing growth. “My ultimate, long term goal is to get Layne’s to the point that all we have to do is put an Astro Chicken on the sign in front of the restaurant and people know who we are,” says Reed. “If we can get to that level of brand awareness, we’ve made it. That’s all we …

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Beans & Brews Coffeehouse Opens First Texas Location

by Katie Lee

Salt Lake City — Beans & Brews Coffeehouse, a rapidly growing drive-thru coffee franchise, celebrated the recent opening of its newest location in San Antonio, Texas, on Jan. 20, 2024 — marking the first Beans & Brews in the state. “We’re excited to invite the San Antonio community to join us in celebrating the launch of our newest coffeehouse,” says Chad Gretzema, CEO of Beans & Brews Coffeehouse. Located at 6507 W. Loop 1604 N., the restaurant officially opened its doors on Dec. 16, 2023; grand opening events continued into …

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Canadian Pizza Franchise Freshslice Enters U.S. Market

by Katie Lee

Burnaby, B.C. (Canada) — Marking a significant 100-store milestone and entering 2024 with unprecedented momentum, Freshslice Pizza, an innovative Canadian pizza franchise, plans to expand into the United States. Known for its commitment to quality ingredients, innovation and an amazing ROI for franchise partners, Freshslice will now offer franchise opportunities to the U.S. market. “We are thrilled to bring Freshslice Pizza to the United States,” says Ray Russel, founder and CEO. “Our 3-in-1 system meets the evolving needs of our franchisee partners at a fraction of our competitors’ cost. Our …

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Burger King Owner Agrees to Buy Largest Franchisee for $1 Billion

by Katie Lee

Toronto and Syracuse, N.Y. — Toronto-based Restaurant Brands International Inc. (RBI) has agreed to acquire Syracuse, N.Y.-based Carrols Restaurant Group Inc. for $1 billion. RBI owns the Burger King, Popeyes, Firehouse Subs and Tim Hortons brands. Carrols is the largest Burger King franchisee in the United States, operating 1,022 locations in 23 states. Burger King says the transaction is part of its “Reclaim the Flame” plan to accelerate sales growth and drive franchisee profitability. The transaction follows the brand’s initial $400 million investment announced in September 2022 to drive high-quality …

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