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Dallas — BRIX Holdings, LLC, a Dallas-based multi-brand franchising company, has promoted Craig Erlich to president. Erlich will oversee BRIX’s portfolio of franchise brands, which include the franchising companies for Red Mango, Smoothie Factory, Souper Salad and RedBrick Pizza.
Atlanta — Church’s Chicken® is about to undergo a large-scale, $40 million domestic expansion. The new franchisee, Volunteer Chicken LLC, will open 10 new restaurants with financial backing provided by American Development Partners (ADP). New markets slated for development include Nashville, Knoxville and Chattanooga, Tenn., with another 10-restaurant deal expected to follow in 2021.
Atlanta — Arby’s Restaurant Group, Inc. (ARG), parent company of the franchisor of the Arby’s brand, has signed a new development agreement with Parikh Network, LLC, a new franchisee to the Arby’s brand, to open 50 new restaurants over the next 8 years.
Westlake, Ohio — Family casual-dining franchise Quaker Steak & Lube has supercharged its franchise development efforts and is seeking entrepreneurs interested in opening multiple restaurants in Colorado, Florida, Indiana, Kentucky, Michigan, Ohio, Pennsylvania, South Carolina, Tennessee and Wisconsin.
Rochester, N.Y. — Broadstone Net Lease (BNL), a private real estate investment trust (REIT) managed by Broadstone Real Estate, LLC (Broadstone), continues to grow its national portfolio of triple-net leased properties. BNL has acquired, via sale leaseback, a 24-property Bloomin’ Brands portfolio, which includes 22 Outback Steakhouses and two Carrabba’s Italian Grill properties in 13 states.