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The good news: Despite ongoing external threats to the business model, franchising is experiencing a remarkable growth phase – not only in unit count and system-wide revenue, but also in the number of new and emerging brands. The bad news: It’s harder to keep up with all the good news! That’s a nice problem to have – and why we’ve brought back our “Good News!” roundup of selected news items on unit growth, investment and financial developments, international expansion news, refranchising, and milestones attained by franchisors large, medium, and emerging. Here’s your chance to follow the leaders, every third Tuesday of the month.
So if you’re not doing it already, send us your good news here.
Flynn Restaurant Group Buys 34 Paneras, Reaches 881 Units
HuHot Mongolian Grills To Add 9 Locations, 700 Jobs in 2017
Mamoun’s Falafel Signs 6-Unit Deal for Atlanta & Athens, Georgia
Panera Shareholders Approve $7.5 Billion Sale to JAB Holding
Axum Capital Partners Acquires 55-Unit Back Yard Burgers
NRD Capital Management Closes on $104 Million Second Fund
Great Harvest Bread’s Hub-and-Spoke Model Spurs New Expansion
Captain D’s Picks American Development Partners To Speed Growth
Blaze Pizza Inks 100-Unit, 11-Year Middle East Deal with M.H. Alshaya
Church’s Chicken Restructures Development Team for Global Growth
Fatburger/Buffalo’s Express Opens for Business in Panama
Hooters Opens New Unit in Taipei with Its 2015 Developer of the Year
Little Caesars Opens Its First South American Unit in Santiago, Chile
Uberrito Begins Franchising with 3-Unit Arizona Deal
Chronic Tacos To Add 26 Units in 2017, Add More in 2018
Fleet Clean Mobile Truck Washing Brand Expands with Franchising
Expedia CruiseShipCenters: 5,000th Consultant Comes on Board
FranNet Celebrates 30 Years with $10,000 Scholarships
Mooyah Burgers, Fries & Shakes Turns 10, Donates to No Kid Hungry
Salsarita’s Fresh Mexican Grill Names Ken Green as President, COO
Jon Smith Subs’ New President Becomes Brand’s First Franchisee
Naranga Names Mark Montini CEO, Tariq Farid Moves to Chairman