Glendale, Calif. — DineEquity, Inc., one of the world’s largest full-service restaurant companies, has signed four new multi-unit development agreements in the Middle East, Asia Pacific and Latin America. These agreements will play an important role in the company’s plan to double international locations over the next 5 years.
restaurants
Dallas — RAVE Restaurant Group’s board of directors has named former Smashburger CEO Scott Crane as its new chief executive officer, effective January 9, 2017. Crane succeeds Interim CEO Clinton J. Coleman, who will remain in his role as a member of the board, where he has served since 2007.
St. Louis — Knoebel Construction, Inc., a full-service general contractor specializing in retail development, restaurant, grocery and retail construction nationwide, has moved its headquarters from Fenton, Mo., to Chesterfield, Mo., in St. Louis County. The new location more than doubles Knoebel Construction’s space to 9,688 square feet.
Lexington, Ky. — Fazoli’s, America’s largest fast-casual Italian chain, has signed a lease agreement for the first restaurant in Sioux Falls, S.D., located at 4224 West Empire Place across from the Empire Shopping Gallery. The new restaurant, which will be owned and operated by SD Faz I, LLC, is slated to open summer 2017.
Canton, Mass. — New Orleans Saints Quarterback Drew Brees, in partnership with existing franchisee Vik Patel, has signed an agreement to develop up to 69 new Dunkin’ Donuts restaurants in New Orleans, Baton Rouge, Shreveport, Monroe and Alexandria, La., over the coming years. The first location under the new partnership is planned to open in 2017, and the group will also co-own five existing Dunkin’ Donuts restaurants in Louisiana.
Atlanta — In its largest acquisition to date for Atlanta-based GPS Hospitality, the rapidly growing franchisee group will expand its national footprint into five new states with the acquisition of 194 BURGER KING® restaurants. The acquisition will extend GPS Hospitality’s reach into Louisiana, Mississippi, Alabama, Arkansas and Florida.