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Twin Peaks to be Sold to FAT Brands for $300 Million

by Katie Lee

New York City — An affiliate of Garnett Station Partners, LLC, a New York-based principal investment firm, has agreed to sell Twin Peaks, a national sports bar & grill franchise company, to FAT Brands for $300 million. Twin Peaks is based in Dallas and was founded in 2005. “Twin Peaks is a truly unique concept within the casual dining industry, with a best-in-class management team and committed franchisees, as demonstrated by its significant growth and consistently strong financial results throughout its partnership with Garnett Station,” says Matt Perelman, partner at …

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Dickey’s Signs 48-Unit Franchise Deal in Northeast

by Katie Lee

Dallas — Dickey’s Barbecue Pit, the world’s largest barbecue franchise, is embarking on a huge development push in the Northeast. The company has signed a multi-unit area development agreement with Chaac Foods, LLC to develop 48 Dickey’s locations in 5 years. Chaac Foods is led by CEO and President Luis Ibarguengoytia, a veteran restaurant operator, who teamed with Gauge Capital to form Chaac Foods, which currently develops and operates Pizza Hut and Bojangles restaurants. “We look forward to entering the barbecue category by joining forces with the world’s fastest growing …

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Slim Chickens Opens First Alabama Location

by Katie Lee

Tuscaloosa, Ala. — Slim Chickens, a leading fast-casual franchise in the better-chicken segment, has opened its newest restaurant at 685 Skyland Blvd. in Tuscaloosa, Ala., marking its first location in the state. Seasoned restaurant group Heart of the South is at the helm of the new location. “Opening our first location in Alabama is a huge step for Slim Chickens,” says Jackie Lobdell, vice president of franchise development at Slim Chickens. “Heart of the South has a passion for bringing good southern comfort food and great experiences to Tuscaloosa locals, …

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Brooklyn Dumpling Shop Makes Southern Debut with First Franchise Deal in Texas

by Katie Lee

New York City — Brooklyn Dumpling Shop, the nation’s fastest growing dumpling automat concept, has a signed multi-unit franchise deal to make the brand’s first appearance in the South. Franchisee Sam Cole closed on a deal to bring at least five units to the Dallas area, marking the Brooklyn Dumpling Shop’s Texas debut. Brooklyn Dumpling Shop is on track to meet its target growth trajectory of 500 units within 5 years after a year of rapid growth since its inception in 2020. After the highly anticipated opening of the first …

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Burger King U.S. & Canada Appoints New President

by Katie Lee

Miami — According to José Cil, CEO of Restaurant Brands International, industry veteran Tom Curtis has been appointed president of Burger King U.S. & Canada. “Tom joined us a few months ago and has quickly established a strong leadership position in the business and trust with our franchisees, informed by his 35 years of previous restaurant experience as both a franchisee and senior operations executive,” says Cil. “Tom will lead the acceleration of our business to deliver on our vision that Burger King should always be our guests’ first choice …

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construction and designNewsrestaurants

Taco Bell to Reinvent Drive-Thru Concept with Futuristic Restaurant in Suburban Minneapolis

by Katie Lee

Brooklyn Park, Minn. — Taco Bell is building a restaurant with a new drive-thru concept in Brooklyn Park, a suburb of Minneapolis. Construction is underway on the 3,000-square-foot, two-story restaurant. Completion is scheduled for summer 2022. Known as Defy, the new restaurant concept was developed in partnership with Minneapolis-based Vertical Works Inc., a design company that works with quick-serve restaurants, retailers and healthcare tenants. In 2020, Border Foods, one of the largest privately held Taco Bell franchisees in America, enlisted Vertical Works to create a new restaurant design. With Defy, …

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Jack in the Box Relaunches Franchise Development Program, Will Open 64 New Restaurants

by Katie Lee

San Diego, Calif. — Jack in the Box Inc. has awarded 16 franchise development agreements year-to-date through the end of third quarter of fiscal year 2021 to build 64 new locations in Arizona, California, Idaho, Texas and Utah. The announcement follows the relaunch of Jack in the Box’s franchise development program earlier this year. “Relaunching the franchise opportunity has been exciting and was one of our main priorities going into 2021. Over the last year and a half, we’ve proven to be pandemic-resistant and we’re eager to grow with our …

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Savi Provisions Plans New Location in Hartsfield-Jackson Atlanta International Airport

by Katie Lee

Atlanta — Savi Provisions, neighborhood destination for locally-sourced gourmet foods, fine wines and spirits, is opening a new store in Hartsfield-Jackson Atlanta International Airport at Concourse B. Located in the former Café Intermezzo space, this location will be operated by Crews Airport Concessions Operating Company. It is slated to open in mid-September. Founded in 2009 by Paul Nair, Savi Provisions aims to provide its airport customers the same high-end, affordable and healthy market experience as offered to its neighborhood locations, while fulfilling hasty travelers’ need for convenience and efficiency. “It’s …

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Convenience Through COVID

by Katie Lee

— By Katie Lee — Farmer Boys marks its 40th anniversary with a new post-pandemic appreciation for quality and convenience.   As Farmer Boys celebrates its 40th anniversary this year, the Riverside, California-based fast-casual concept recalls a memorable, milestone 2020 in which it opened four new restaurants, entered a new state (Arizona) and saw its total systemwide sales increase by $17 million — all during a global pandemic. Also in summer 2020, Farmer Boys’ senior vice president of operations transitioned to president and chief operating officer — during perhaps the …

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Taco John’s Signs Biggest Franchise Agreement in Brand History

by Katie Lee

Cheyenne, Wyo. — Taco John’s International Inc., a leading quick-service Mexican franchise, has inked its biggest area development agreement to date with the largest Wendy’s franchisee, Meritage Hospitality Group, Inc. The group will build 50 new Taco John’s restaurants by March 31, 2026 with options to develop an additional 150 restaurants. “Taco John’s is the perfect fit for our company. While exploring concepts to expand our portfolio, we were quickly attracted to Taco John’s,” says Gary Rose, president and COO of Meritage Hospitality Group. “We are excited about the Mexican …

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