West Palm Beach, Fla. — Retro Fitness, a leader in high-value, low-price fitness, has appointed Larry Strain, CCIM as chief development officer. Strain brings more than 25 years of experience in driving multi-unit development for top-tier franchise growth brands such as Starbucks, McDonald’s and Dunkin’ Donuts. Most recently, he helped lead the successful transition of Potbelly Sandwich Works to a franchise-focused growth model. “Bringing in an industry heavyweight like Larry was a strategic move that adds serious muscle to an already strong management team,” says Andrew Alfano, CEO of Retro …
franchise development
Chatham, N.J. — Toastique, a rapidly growing gourmet toast franchise, is wrapping up Q3 with nine new franchise openings — eight of which saw record-breaking grand opening sales. In June, Toastique opened its Chatham, N.J., store, which became the busiest in the system. The brand also opened its first California location in August and had two more openings in July. In total, Toastique now has 20 locations open across the country. “This quarter has been exceptionally strong for us, and we anticipate this momentum to carry into Q4,” says Toastique …
Raleigh, N.C. — Capital Tacos, a small-town taco shop turned nationally-acclaimed Tex-Mex restaurant franchise, has secured the brand’s first-ever franchise agreement for the state of North Carolina; the first unit will open in spring 2024 in Raleigh. David and Silvia Robertson, the husband-and-wife duo bringing the brand to North Carolina, combine his 25 years of sales leadership experience in the IT market with her background in the operations and quality control of various restaurant brands. The deal is for a single unit, although the Robertsons have each expressed an intention …
Los Angeles — FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Fatburger, Round Table Pizza and 16 other restaurant concepts, has officially opened its first-ever co-branded Fatburger and Round Table Pizza location near Dallas. Situated in the vibrant Lantana neighborhood, in Bartonville, Texas, the 3,500-square-foot restaurant offers a full-service, full-bar casual dining experience great for game day. It is the first of four co-branded Fatburger and Round Table Pizza locations planned for the greater Dallas area operated by SNM Management Group. “We are beyond thrilled to introduce our first …
Nashville, Tenn. — Captain D’s, a leading fast-casual seafood restaurant, has signed its first franchise development agreement in the greater New York City area. This agreement will bring three Captain D’s to the city led by experienced multi-brand franchisees Kelly Moughal and Muhammad Saleem (pictured below), who first introduced the Checkers brand to Manhattan. The couple resides in New York and also owns multiple Subway and Little Caesars locations throughout the state. Sites are currently being considered throughout Manhattan and Long Island, with the first location expected to open in …
Webinar: How to Plan & Finance a Successful QSR Remodel
The Oct. 12 webinar “ How to Plan & Finance a Successful QSR Remodel,” hosted by Retail & Restaurant Facility Business and sponsored by First Franchise Capital, discussed best practices and strategies for planning, financing and executing remodels for quick-service restaurant (QSR) projects. In this brief, 30-minute webinar, expert panelists covered financing options, industry challenges and information on how to drive more traffic through remodeling. Why is remodeling important and how can it fit into a franchise’s growth strategy? What options do franchisees have when it comes to remodeling, refreshing or re-imaging their …
Meadville, Pa. — Since launching franchising in 2012, Voodoo Brewing Co. has experienced explosive growth, awarding almost 80 agreements, with 17 locations open and 25 brewpubs projected to open by the end of 2023. According to CEO Matteo Rachocki, Voodoo Brewing Co. has already sold out the Dallas market and has established itself in other major markets, including Pittsburgh; Las Vegas and Reno, Nevada; and Knoxville, Tenn. “We’re looking to bring Voodoo to communities across the U.S.,” Rachocki says. “At this point, we’re only going to award 50 more franchises. …
Irving, Texas — Fuzzy’s Taco Shop has entered into a 20-restaurant agreement with new franchisee Mark Justice, who will expand the brand’s footprint into Nevada, marking its first units in the state. Justice is eyeing Las Vegas for his first Fuzzy’s Taco Shop location, with expansion into other markets in Nevada over the next 7 years. In addition to Fuzzy’s Taco Shop, Justice owns and operates IHOP restaurants in eight states. Notably, Justice is the first IHOP franchisee to enter into a franchise agreement with Fuzzy’s Taco Shop after its …
Atlanta — Tropical Smoothie Cafe continues to see positive growth through third quarter of 2023, opening 141 new cafes and signing 166 franchise agreements. The brand now has more than 1,335 open locations. In the third quarter alone, Tropical Smoothie Cafe franchisees opened 51 new cafes. In addition to new openings in the third quarter, the brand signed 77 new franchise agreements, further strengthening the development pipeline to fuel its future growth. “I’m extremely proud of what the brand has accomplished already this year thanks to the dedication and commitment …
Houston — Shipley Do-Nuts, one of the nation’s oldest and largest do-nut brands, has signed a development deal with Charlotte, N.C.-area franchisees John and Lillian Brijeski to open the brand’s first North Carolina locations beginning in late 2024. The family plans to open three locations in the Charlotte area, starting with the first in Concord, N.C. “After trying Shipley Do-Nuts for the first time in South Carolina, we agreed they were delicious and that we needed to bring the world’s greatest do-nuts to the residents of North Carolina,” says Lillian …