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Del Taco Debuts Reimagined Store Design with “Fresh Flex” Prototype

by Katie Lee

Lake Forest, Calif. — Del Taco is debuting its highly-anticipated new store prototype: a sleek, bold, contemporary model, “Fresh Flex,” that reconceptualizes the restaurant inside and out. Striking exteriors and distinctive interiors evoke the brand’s contemporized feel. At the same time, the new design expands real estate opportunities to help lower net investment costs, provides ultimate convenience for guests and optimizes operational efficiencies. “Continuing to adapt and evolve is the lynchpin for Del Taco to remain ahead of the curve in the restaurant industry,” says John Cappasola, CEO of Del …

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construction and designfranchise developmentNewsrestaurants

Schlotzsky’s Testing 2 Off-Premise-Driven Prototypes

by Katie Lee

Atlanta — Schlotzsky’s has unveiled two new prototypes that will put its drive-thru front and center and enhance speed of service for delivery, to-go and catering. While driving off-premise sales has been underway for Schlotzsky’s for some time, it’s now become an even bigger priority. During the pandemic, 35% of Schlotzsky’s sales were driven by off-premise and were a major part of the brand’s rapid recovery. Now, Schlotzsky’s has designed two new options referred to as “Design 1800” and “Design 1000” that will lean heavily on off-premise and reduce seating. …

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franchise developmentNewsrestaurants

Curry Up Now Inks Second Franchise Deal in Texas in 30 Days

by Katie Lee

Dallas/Fort Worth, Texas — Curry Up Now, the nation’s largest and fastest growing Indian fast-casual concept, signed a deal with a franchise group in the Dallas, Fort Worth and Houston areas to bring five new Curry Up Now restaurants, some with Mortar & Pestle craft cocktail bars, to Texas. This deal comes on the heels of a six-unit franchise deal signed for Dallas, Fort Worth and Austin just a few weeks earlier. Curry Up Now operates 11 restaurants and three craft cocktail bars across the country, with nearly 50 restaurants …

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Potbelly Sandwich Shop Opens First Location in Nevada; Plans 10 in the State

by Katie Lee

Henderson, Nev. — Potbelly Sandwich Shop is opening its first Nevada location in Henderson on Dec. 11. The shop is located in the Shoppes on the Parkway development near the intersection of St. Rose Parkway and Amigo Street, which is becoming a hot spot for new restaurants and retail stores. The Potbelly Henderson location is the first shop in a franchise development agreement that will bring 10 locations to the Las Vegas market. Local restaurant operations expert and vice president of Veritasfaythe, Gregg Kocenko, has been integral in the development …

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California Pizza Kitchen Exits Chapter 11, Plans to Expand Footprint

by Katie Lee

Los Angeles — California Pizza Kitchen (CPK) has successfully completed its financial restructuring process and emerged from Chapter 11. CPK completed a debt-for-equity transaction and now has a substantially reduced debt load and increased liquidity. Upon emergence, the company eliminated more than $220 million of existing funded debt from its capital structure. The company had filed for bankruptcy in July 2020 with plans to close 200 stores. CPK completed its restructuring with the full support of its creditors and previous equity holders. Looking ahead, the company is focused on expanding …

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franchise developmentNewsrestaurants

Juice It Up! Sales Soar During 2020

by Katie Lee

Irvine, Calif. — Juice It Up!, a leading handcrafted smoothie, açaí bowl and raw juice franchise, has experienced strong growth in same store sales (SSS) and average unit volumes (AUVs) in 2020. Despite the challenges presented by the pandemic, through October 2020, SSS for the year have increased by 13%, with SSS for the third quarter just ended September 2020 up 19%. Most significantly, the brand’s top 50% of franchised locations now have an AUV approaching $600,000 while the brand’s top 25% of franchised locations have seen their AUV expand …

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MOOYAH Burgers to Open 10 New Locations in Dallas-Fort Worth

by Katie Lee

Plano, Texas — Former restaurant and entertainment executive, Ted Beaman, along with his 20-year business partners, Sean McCullough and Greg Stevens, are shifting careers from the entertainment industry to open 10 MOOYAH Burgers, Fries & Shakes, a Plano, Texas-based “better burger” concept, across the Dallas-Fort Worth metropolitan area. Eight of the 10 locations will be new, whereas the other two locations — in Flower Mound and Frisco, Texas — are being acquired and remodeled. All 10 of these locations will feature the brand’s new prototype with new dining zones, digital …

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Zaxby’s to Expand in New Markets with Capital Investment from Goldman Sachs

by Katie Lee

Athens, Ga. — Zaxby’s Operating Company L.P. (Zaxby’s) and its subsidiaries have announced that investment funds managed by the Goldman Sachs Merchant Banking Division (Goldman Sachs) will acquire a significant stake in the company. The partnership will support accelerated growth for Zaxby’s as well as expansion into new sales channels with a guest-focused strategy. The deal is expected to be finalized by year end 2020. Zaxby’s, the fast-casual chain known for its chicken fingers, wings and signature sauces, operates primarily in the Southeastern United States, with more than 900 restaurants …

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The Hummus & Pita Co. Opens First Location in the South

by Katie Lee

Atlanta — The Hummus & Pita Co., a leading Mediterranean fast-casual concept, opened its first location in the South — near Perimeter Mall in Atlanta — on Nov. 21. This is the first of three franchised locations opening in the Southeast before year’s end, and as part of a five-location deal with franchise group Premier Kings, Inc., one of the largest Burger King franchisees in the country. Additional locations in Huntsville and Montgomery, Ala., are set to open in the coming weeks. “We saw a great opportunity in The Hummus …

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Freddy’s to Develop 50 New Restaurants Across Florida and the Southeast

by Katie Lee

Wichita, Kan. — Freddy’s Frozen Custard & Steakburgers, a leading national fast-casual restaurant concept known for its cooked-to-order Steakburgers and freshly churned frozen custard treats, has signed a multi-unit franchise agreement to develop 50 new restaurants over the next several years across the Southeast. As part of this agreement, Freddy’s will grow its footprint throughout the Florida West Coast and Panhandle, with locations currently under development and slated to open next year in Pensacola and Tampa. These new restaurants will be owned by experienced multi-unit operators RSolution Holdings, who signed …

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