restaurants

Tampa, Fla. — FSC Franchise Co., the parent company of Beef ‘O’ Brady’s and The Brass Tap, had a record year in 2023. In addition to acquiring Newk’s Eatery, a fast-casual café concept, the franchisor opened 10 Brass Tap locations and one Beef ‘O’ Brady’s, and it awarded another 36 and four, respectively. “We’ve been looking to add something to our platform for several years, and we think that Newk’s is the perfect complementary brand. It’s fast-casual with average unit volumes of $2.2 million, and it has the same geographical …

Redding, Calif. — Black Bear Diner, one of the fastest-growing restaurant franchises in the country, has announced its plans for growth in 2024 with 14 planned new diner openings. The company will open at least nine new franchise-owned diners and five new corporate-owned diners. In addition to growth plans with current franchise partners for openings in California, Texas and Arizona, Black Bear Diner has also welcomed two new franchise partners to its system: LVP Foodservice and Gursavri Group. LVP plans four 2024 openings in Kansas, Arizona, Nevada and Colorado; Gursavri …

Dallas — As part of a company-wide revitalization initiative, TGI Fridays® plans to close 36 underperforming locations in select markets across the U.S. The company has also sold eight previously corporate-owned restaurants in the Northeast to former CEO Ray Blanchette, who will now lead the locations into a new phase of revitalization. The news follows recent moves to bolster TGI Fridays’ leadership team, including the recent appointments of Weldon Spangler to chief executive officer, Ray Risley to U.S. president and chief operating officer and Nik Rupp to president and COO …

San Francisco — Slice House by Tony Gemignani, the fast-casual pizza franchise by world renowned pizzaiolo Tony Gemignani, has expanded its nationwide footprint to 100 franchise units open or under development. This achievement reflects the brand’s rapid growth since launching franchising efforts 18 months ago in California and marks its entry into two new key markets: Colorado and Utah. In 2024, Slice House projects the signing of 100 more units into development.   “We are incredibly proud to celebrate 100 units for Slice House by Tony Gemignani, a testament to the …