restaurants

franchise developmentNewsrestaurants

Ziggi’s Coffee Opens New Headquarters

by Katie Lee

Mead, Colo. — Colorado-based Ziggi’s Coffee® has opened its new headquarters in Mead, Colo. In addition to housing the corporate team and an on-site training facility, this location features a café and a drive-thru. Situated on the corner of Third and Welker (241 Welker Ave.), this new location is owned by the company’s founders, Brandon and Camrin Knudsen. “We are excited to grow our footprint in the community that has witnessed and supported our growth over the last 17 years. Northern Colorado has been our home base since we started …

Continue Reading
0 FacebookTwitterPinterestEmail
franchise developmentNewsrestaurants

A&W Restaurants Marks 10 Years Under Franchisee Ownership

by Katie Lee

Lexington, Ky. — Ten years ago, the future of America’s oldest chain restaurant franchise was in question. A&W, owned by YUM! Brands, was struggling. But then a group of franchise owners formed a partnership and bought the company, which was 92 years old at the time, on Dec. 19, 2011. A&W is still the only major restaurant brand 100% owned by its franchisees. Since the acquisition: Same-store sales have increased every year, reversing 7 years of declines; sales this year are up 10.2%, following last year’s 9.2% growth. Average unit …

Continue Reading
0 FacebookTwitterPinterestEmail
construction and designNewsrestaurants

Bar Louie Unveils Brand’s First-Ever Redesign in Denver

by Katie Lee

Denver — Denver is now home to Bar Louie’s first-ever new prototype. Located in The Shops at Northfield, Bar Louie closed for several weeks during renovations and officially reopened on Dec. 10. From the menu and flatware to the interior and exterior design, everything about the look is new. The enhanced gastrobar design features new colors, lighting, booths, tables, chairs and barstools. Also included are renovated bathrooms, a takeout and delivery station and upgraded high-efficiency kitchen equipment. In addition, Bar Louie enlisted the famous Denver muralist, Randy Segura, to paint …

Continue Reading
0 FacebookTwitterPinterestEmail
construction and designIndustry Voicesrestaurantsretailers

Intentional Design

by Katie Lee

— By Greg Houck — How emerging mixed-use trends can translate to long term success.   Mixed-use projects have a retail problem. Too often, incorporating retail spaces into a mixed-use project is straightforward and static: a single complimentary demand driver, such as a high-rise multifamily with convenient ground-floor grocer. With this approach, the residential component may subsidize a portion of revenues for the tenant, but most often it isn’t sufficient enough and local demand has not been fully understood. Over the past several years there has been many exciting innovations …

Continue Reading
0 FacebookTwitterPinterestEmail
Newsrestaurantsvendors

REEF Acquires Foodtech Startup 2ndKitchen

by Katie Lee

Chicago and Miami — REEF Technology Inc., the largest operator of delivery kitchens, logistics and proximity hubs in North America, has acquired 2ndKitchen, a leader in virtual kitchens for hotels, offices, buildings, venues and other hospitality companies. REEF and 2ndKitchen’s existing businesses will be combined under the REEF brand, and will operate under REEF’s Hospitality division. Together, REEF and 2ndKitchen will expand their customer base and enable any business to be able to turn on foodservice without physical infrastructure and the associated expenses. The transaction strengthens REEF’s position in the …

Continue Reading
0 FacebookTwitterPinterestEmail
Newsrestaurants

MILA Restaurant Owners to Open 4 New Concepts

by Katie Lee

South Beach, Fla. – Mohari Hospitality, the global investment company founded by entrepreneurial investor Mark Scheinberg, has taken a significant minority stake in luxury restaurant business Riviera Dining Group (RDG) to support the development of new concepts and to fund its ambitious expansion plans. This investment marks the first time Mohari has invested directly in the food & beverage (F&B) space. Envisioned by Gregory and Marine Galy through their travels, experiences and thirst for discovery and adventures, the first MILA restaurant (part of RDG) opened in South Beach, Fla., in …

Continue Reading
0 FacebookTwitterPinterestEmail
franchise developmentNewspeoplerestaurants

Shipley Do-Nuts Names New Chief Financial Officer

by Katie Lee

Houston — Shipley Do-Nuts, a leading do-nut restaurant franchisor and manufacturer of specialty food products, has hired Bob McGahan as its new chief financial officer. McGahan adds over 30 years of experience to Shipley’s already strong leadership team as the brand continues its robust growth. Most recently, McGahan served as CFO at private equity-owned Friedrich Air Conditioning Inc. and AirBorn Inc., and has also held management positions at Dell Inc. and Coca-Cola Enterprises Inc. McGahan started at Shipley in November. “Bob knows how to aggressively grow a brand in a …

Continue Reading
0 FacebookTwitterPinterestEmail
franchise developmentNewsrestaurants

Slim Chickens Inks Largest Franchise Deal in Brand History

by Katie Lee

Miami — Slim Chickens, a leading fast-casual franchise in the better-chicken segment, has inked a deal for the entire state of Indiana and the Southeast region of Florida for a total of 60 locations. “Slim Chickens’ leadership team is top-notch,” says Al Cabrera, the franchise partner with over 35 years of experience who is spearheading the 60-unit deal. “After three decades in the restaurant industry, it is easy to spot an amazing opportunity, and Slims’ was a clear choice for the next addition to my portfolio.” “This is a huge …

Continue Reading
0 FacebookTwitterPinterestEmail
Newsrestaurants

Jack in the Box, Del Taco Enter into $575 Million Merger Agreement

by Katie Lee

San Diego and Lake Forest, Calif. — Jack in the Box Inc. and Del Taco Restaurants have entered into a merger agreement valued at approximately $575 million, inclusive of existing debt. Under the terms of the agreement, Jack in the Box will acquire Del Taco for $12.51 per share in cash. The deal, which is expected to close in the first quarter of 2022, would yield a company with more than 2,800 restaurants across 25 states. In addition, the new entity plans to grow its store count by 4% annually …

Continue Reading
0 FacebookTwitterPinterestEmail
franchise developmentNewsrestaurants

WOWorks Restaurant Brands Finalizes 12 Franchise Agreements and Openings in 10 States in 2021

by Katie Lee

St. Petersburg, Fla. — The WOWorks family of restaurant brands — Saladworks, Frutta Bowls, Garbanzo Mediterranean Fresh and The Simple Greek — experienced growth of its co-branded restaurant concepts in 2021 with six locations opening and six additional franchise agreements signed across 10 states by the end of the year. “We are seeing an accelerated growth in co-branded WOWorks restaurants because our healthy-halo brands meet growing menu and flavor demands, and have the flexibility in size and operation to open alongside current restaurants and inside many non-traditional spaces,” says Eric …

Continue Reading
0 FacebookTwitterPinterestEmail
Newer Posts
Older Posts