Spartanburg, S.C. — Eggs Up Grill has appointed Todd Owen as its new vice president of franchise development. Owen brings a rich background in successful franchise development, leading sales and business development with brands that included Qdoba Mexican Eats, spearheading growth from 60 to more than 600 locations. “We selected Todd after a thorough and extensive search of the industry’s top talent in franchise development,” says Ricky Richardson, CEO of Eggs Up Grill. “We’re thrilled to welcome Todd to the Eggs Up Grill team and know that he will make …
restaurants
Krystal to Sell 100-150 Corporate Restaurants to Franchisees as Part of Brand Revitalization
by Katie Lee
Atlanta — The Krystal Company plans to refranchise approximately 100-150 company-owned restaurants to well-capitalized multi-unit operators as part of its ongoing business and fleet revitalization. To that end, Krystal has engaged The Cypress Group, a specialized investment banking firm, to manage the refranchising initiative. Restaurants in Alabama, Florida, Georgia, Mississippi and Tennessee will be refranchised. “We’re ready for the next step in the brand transformation that began when I came on board in 2018,” says Paul Macaluso, Krystal’s president and CEO. “We’ve seen great success with the new restaurant prototype, remodels and …
Littleton, Colo. – Garbanzo Mediterranean Fresh has debuted its fresh new prototype in the southwest Denver suburb of Littleton. The restaurant is the first new ground-up buildout of a GARBANZO restaurant to open in the Denver metro area since 2014, and it’s the company’s first new prototype in Denver. The new GARBANZO restaurant exudes a bright, open and fresh aesthetic for the brand. It features a stand-alone bakery area where guests will be able to see their pitas being kneaded, placed in the oven and puffed to perfection right before …
Minneapolis — Moe’s Southwest Grill®, a fast-casual restaurant franchise that serves southwestern food, opened its first restaurant in the state of Minnesota on October 18. The restaurant is located between Terminals E and F in the Minneapolis-St. Paul Airport. The new location is owned and operated by existing multi-unit franchisee HMS Host, the world’s largest provider of food and beverage services for travelers. The Minneapolis-St. Paul Airport location marks the fourth Moe’s Southwest Grill opening for the group, and the first since 2013. Other Moe’s non-traditional restaurants owned by HMS …
Chicago — Pinstripes, Inc., a best-in-class experiential dining and entertainment concept, has formed a partnership with Simon Property Group that includes new leases for three future locations within the Simon portfolio, in addition to its existing Clearfork development in Fort Worth, Texas (pictured), and a minority equity investment in Pinstripes. The parties have also identified several potential Pinstripes locations at various Simon assets throughout the United States, all to be announced at a later date. Pinstripes currently has 10 locations throughout the U.S., with three new openings slated for 2019 …
Chicago — Aloha Poke Co., a fast-casual brand that 3 years ago pioneered Poke concept restaurants in the Midwest, plans to expand through franchising. Solidified already in five U.S. markets as the top spot for innovative poke bowls inspired by the popular Hawaiian diced, marinated seafood dish, Aloha Poke is targeting its next growth wave in a concentrated set of markets. The goal is to have 100 locations open and in development by 2022. At the onset of franchising, the brand will focus growth in areas where existing locations have …
Boston — Garbanzo Mediterranean Fresh, a leading fast-casual Mediterranean franchise, is coming to Boston. This will be the fast-growing brand’s first location in New England. The restaurant is opening this winter at 134 Boylston St. and will be followed by several other locations in the market. “I’m so excited to open our first location and share our fresh cuisine with Bostonians,” says Derek St. George, co-owner of the new Boston locations who will be opening the restaurants with brother and sister duo Karl and Leigha Schmidt. “Today’s consumer is very …
Fayetteville, Ark. — Slim Chickens, a leading fast-casual franchise which features dine-in and drive-through, has launched an aggressive multi-unit growth initiative to expand its presence in key markets across the United States. With a goal to reach 600 locations over the next 10 years, the brand is focusing its expansion initiative on Southern, Midwestern, Mid-Atlantic and Northeastern states in the near term. The announcement comes on the heels of seven recently signed multi-unit franchise agreements totaling 71 units. With 350 locations in development, Slim Chickens is slated to open its …
Tampa, Fla. — Anna Schmidt Interior Design has been selected for work on Free the Cork Wine Bar, a wine tasting and small plates restaurant coming to Sparkman Wharf, Tampa’s transformational Water Street Tampa neighborhood. Free the Cork Wine Bar, scheduled to open spring 2020, is the new hotspot for Sparkman Wharf’s office tenants, visitors and the Tampa community as a whole. The restaurant is located on the ground floor of Sparkman Wharf. Overlooking views of a scenic park and dining garden, it will serve as a place for friends …
Jacksonville, Fla. — Cracker Barrel Old Country Store Inc. has acquired Maple Street Biscuit Co. for $36 million in an all-cash deal. Maple Street’s portfolio comprised 28 company-owned and five franchise-owned restaurants in seven states at the time of sale. The company plans to convert its Holler & Dash Biscuit House into Maple Street Biscuit locations. Scott Moore and Gus Johnson founded Maple Street in Jacksonville in 2012. Moore will stay on as CEO and will report to Sandra Cochran, president and CEO of Cracker Barrel.