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Jack in the Box Announces First-Ever Entry into Georgia
Jack in the Box Inc., a leading franchisor in the quick-service restaurant industry, today announced a significant development agreement to open 15 new Jack in the Box locations throughout Georgia. This expansion marks the Company's entry into the Peach State and signifies continued dynamic growth for the brand in the Southeastern United States.
“This new franchise commitment represents a significant step forward in our strategic expansion across the Southeastern United States,” said Tim Linderman, chief development officer. “With the addition...
Global Entertainment Icon USHER Becomes Newest Dave’s Hot Chicken Franchisee
Dave’s Hot Chicken, the wildly popular Nashville-style hot chicken sensation that started out seven years ago in an East Hollywood parking lot pop-up, today announced that Entertainment Icon USHER is investing in restaurants across Atlanta in the coming years. USHER will be partnering with Lawrence Kourie and Andrew Feghali, whose company is the longest-tenured Dave’s Hot Chicken franchise group, as well as one of the largest.
The eight-time Grammy Award-winning superstar previously experienced the full heat of Dave’s Hot Chicken when he tried the...
Roy Rogers Restaurants Introduces Refranchising Program
Roy Rogers Restaurants® is introducing a refranchising program as part of its franchise growth strategy in Maryland and Virginia. The new program empowers potential franchisees to join the long-time brand by acquiring existing corporate stores before establishing independent locations.
As a proof of concept, Multi-Unit Franchisee Mohammad Haque touts the success of a recently acquired existing store, expanding Haque’s regional footprint in the Alexandria, VA. marketplace. This unit is his sixth with Roy Rogers.
“I was looking to grow my portfolio in an existing market, to tap into a..
Childhood Best Friends Sign Agreement with Layne’s Chicken Fingers in South Florida for 15 Locations
South Florida (Restaurant News Release) Layne’s Chicken Fingers franchisees Shahmeer Alam and Yves Jodesty are set to bring the 13-unit fan-favorite chicken franchise out of Texas, to South Florida with 15 new locations across Fort Lauderdale, Broward, Miami, and Palm Beach County. Their plans consist of opening one to two locations each year. The new locations will give South Florida residents a chance to find out what has made Layne’s an iconic name in Texas. (Hint: chicken fingers don’t get much crispier than...
Krispy Krunchy Chicken Celebrates Record-Breaking 2023
As one of the fastest-growing foodservice solutions in the industry, Krispy Krunchy Chicken® has tapped into a new momentum and secured its spot as a leader in the space with record-breaking success in 2023. The hot food concept is nearly 3,000 locations strong, aided by the opening of 481 new units in 2023.
“Our growth this past year focused on three key components to success: optimizing our menu and procedures for ease of operation, building brand awareness, and, of course, continuing to serve...
QDOBA Completes Whole Business Securitization, Providing Additional Liquidity to Supercharge Growth
QDOBA Restaurant Corporation (“QDOBA”), the leading fast-casual Mexican restaurant franchisor and portfolio company of Butterfly Equity (“Butterfly”), today announced the closing of its inaugural $305 million whole business securitization through Qdoba Funding LLC.
The transaction optimizes QDOBA’s capital structure for ongoing growth and provides meaningful interest expense savings. Proceeds from the transaction will be used primarily to refinance QDOBA’s existing senior debt facilities and provide liquidity to invest meaningfully in general corporate initiatives, such as remodeling more than 80 corporate restaurants and adding digital menu boards to...
New Markets and Award Recognitions Position the Noodles & Company Franchise for Momentum in 2024
Noodles & Company, (NASDAQ: NDLS) the national fast-casual chain known for its globally inspired noodle bowls, best-in-class service, and values-centric culture, entered new franchise markets and achieved high accolades in 2023 with honors from top publications including Forbes, Denver Business Journal, and Franchise Times. Noodles' franchise growth and award achievements demonstrate how the franchise continues to be an enticing opportunity for experienced multi-unit, multi-concept operators.
This year Noodles & Company made significant strides in furthering its franchise growth strategy called...
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