franchise development

franchise developmentNewsrestaurants

Tim Hortons® to Open First Georgia Location on June 16

by Katie Lee

Columbus, Ga. — Tim Hortons ®, the beloved coffee and bakery restaurant founded in Canada and popular in the northern U.S., will open its first location in Georgia on June 16th. The new restaurant will be located at 6741 Veterans Pkwy. in Columbus. Additional Tim Hortons locations in Georgia are expected to open throughout 2023. “We’re ready to open our doors in Georgia and serve our new Columbus neighbors, as well as Tims fans from across the state, including Georgia-based Canadians who have been eager to have a Tims closer …

Continue Reading
0 FacebookTwitterPinterestEmail
franchise developmentIndustry Voicesrestaurants

Lending Your Expertise

by Katie Lee

— By Jon McClure —   Responsible, creative financing supporting QSRs — how to find success in a challenging economy.   How is it that with high inflation and high costs of borrowing, many QSRs owners continue to manage successful buyouts and acquisitions? One answer is creative deal structures in partnership with a responsible lender. Inflation — while beginning to ease — is still at levels not seen since the 1980s. In an effort to rein in rising prices, the Federal Reserve raised the Federal Funds rate seven times in …

Continue Reading
0 FacebookTwitterPinterestEmail
franchise developmentNewsretailers

Woof Gang Bakery & Grooming Inks First Agreement in Illinois

by Katie Lee

Miami — Woof Gang Bakery & Grooming, a leading pet service franchise brand in the United States, is entering Illinois for the first time with a store set to open in the Chicago suburbs next year. The brand currently has more than 250 locations open or under development across 21 states offering luxury spa services, gourmet treats and premium pet nutrition. “This is an exciting development for Woof Gang and for pet owners seeking the very best for their beloved companions in the Chicago suburb,” says Ricardo Azevedo, chief executive …

Continue Reading
0 FacebookTwitterPinterestEmail
franchise developmentNewsrestaurants

Twin Peaks Hits Key Growth Milestone with 100th Opening

by Katie Lee

Indianapolis — Twin Peaks Restaurant celebrated its 100th lodge opening on June 2 in the Indianapolis suburb of Greenwood, Ind. From the time Twin Peaks CEO Joe Hummel opened his first lodge in the Atlanta area as a franchisee, it took Twin Peaks 12 years to reach its centennial location. The brand is now expected to expand even faster, having already opened four new locations — with 12 more lodges in seven new markets scheduled to open — this year alone. Twin Peaks anticipates 20 per year opening in the …

Continue Reading
0 FacebookTwitterPinterestEmail
franchise developmentNewspeoplerestaurants

MOOYAH Burgers, Fries & Shakes Expands in New Markets; Hires Operational Services VP

by Katie Lee

Plano, Texas — MOOYAH Burgers, Fries & Shakes, a 90-plus-unit better burger franchise, has spent the first quarter opening three new locations and planning for an additional 13 openings for the rest of the year. MOOYAH is expanding in St. Louis, Mo.; Lubbock, Texas; Phoenix; Southern California; Dallas-Fort Worth; Boca Raton, Fla.; and Boston. “There are some pretty obvious places that we’re trying to fill in,” says Doug Willmarth, president and COO. “We have core markets in the Sun Belt from California to Florida, and we are filling in those …

Continue Reading
0 FacebookTwitterPinterestEmail
franchise developmentNewsrestaurants

CRISP & GREEN Opens First Location in Manhattan; Continues Quest for 1,000 Units

by Katie Lee

New York City — CRISP & GREEN is set to open in New York City on June 1. Debuting in the popular NoMad neighborhood, this location also marks the company’s entry into its 10th state, with 10 additional states scheduled to open before the end of the year. Since its inception in 2016, the Minnesota-based company has consistently doubled its location count year-over-year, and the entry into this particular market symbolizes a very important turning point for the growth of the brand. Founded by wellness industry veteran and franchising expert …

Continue Reading
0 FacebookTwitterPinterestEmail
franchise developmentNewsrestaurants

Jersey Mike’s Opens in 50th State, Alaska

by Katie Lee

Wasilla, Alaska — Jersey Mike’s Subs has achieved a major milestone with the opening of its first restaurant in Alaska. The sub chain now offers its fresh sliced/fresh grilled sub sandwiches in all 50 states. “We now have more than 2,500 Jersey Mike’s locations in all 50 states,” says Hoyt Jones, president, Jersey Mike’s Franchise Systems, Inc. “From the beginning, we’ve believed in smart growth and our success is driven by franchise owners who are passionate about our brand and giving philosophy.” The new Jersey Mike’s is located at 1451 …

Continue Reading
0 FacebookTwitterPinterestEmail
franchise developmentNewspeoplerestaurants

Panera Brands Establishes Next Generation of Leadership

by Katie Lee

St. Louis — Panera Brands Inc., which includes the fast-casual and hospitality brand Panera Bread as well as Einstein Bros. Bagels and Caribou Coffee, has established its next generation of CEO leadership and board governance in preparation for its eventual IPO. Current CEO Niren Chaudhary will become chairman of Panera Brands, handing the CEO reins to José Alberto Dueñas, currently president and CEO of Einstein Bros. Bagels, effective July 1, 2023. Former Starbucks CFO and independent director Patrick Grismer will become chairman of the audit committee. Over the last 4 …

Continue Reading
0 FacebookTwitterPinterestEmail
franchise developmentNewspeoplerestaurants

Bonchon U.S. Appoints New CEO

by Katie Lee

Dallas — Bonchon, a global leader in fast-casual Asian fusion dining known for its Korean double-fried chicken, has appointed former global CFO Bryan Shin to lead Bonchon U.S. as CEO. Shin joined Bonchon as head of global finance in 2019 with more than 10 years in the global food and beverage space. He previously served in various top global leadership and senior positions with brands including Goose Island Beer Company, Yum! Brands and CJ Foodville (a subsidiary of Korean conglomerate CJ Group), where he implemented strategies for a global launch …

Continue Reading
0 FacebookTwitterPinterestEmail
franchise developmentNewspeoplerestaurants

Vicky Bakery Appoints New CEO; Continues Franchise Growth

by Katie Lee

Miami — Vicky Bakery, South Florida’s original family-owned Cuban bakery since 1972, has named Mauricio Romero as its new chief executive officer. This announcement comes as Vicky Bakery is experiencing record-setting growth, continuous double-digit revenue gains, the opening of multiple new locations, and new strategic investments. Former CEO Alex Santiago will remain dedicated to his leadership role on Vicky Bakery’s board of directors. Romero comes to Vicky Bakery from his nearly 40-year career in the restaurant franchise industry where he has served in a variety of executive roles. Most recently, …

Continue Reading
0 FacebookTwitterPinterestEmail
Newer Posts
Older Posts