Good News -- April 2016
The good news: 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.
New Units/Growth/Expansion
Hwy 55 Lands 2 Master Agreements for 300 Stores in Texas in 10 Years
GPS Hospitality Buys 7 Popeyes in Atlanta – More in Store?
Dunkin’ Donuts To Add 29 More in California with Four Franchise Groups
Smashburger To Open 20 Restaurants in Georgia, Florida, and DC
Papa Murphy’s Enters Hawaii with 15-Unit Deal
Red Mango Opens 9 New Locations in DFW
Cowboy Chicken Signs Jakes Management 22 for 5 Stores in Atlanta
Tropical Smoothie Café Signs 5-Unit Deal for Albuquerque
Cinnaholic To Open 9 Restaurants in California, Arizona, and Colorado
Wienerschnitzel Signs 3-Unit Deal with PBA Properties for San Antonio
Brixx Wood Fired Pizza Opens in 3 New Markets
Juice It Up! Expands in Southern California with Multi-Unit Deal
Fresh Healthy Vending Sells 277 Vending Machines in Latest Quarter
Capriotti’s Sandwich Shop Opens 34th Las Vegas Location
Big Plans, Big Dreams
Netker Juice, with 52 Locations, Aims for 300 in 5 Years
Firehouse Subs CEO Don Fox Details Canada Expansion Plans
Smiling Moose Rocky Mountain Deli Resets, Shoots for 100 Units by 2020
Express Employment Professionals Targets 21 New California Units
Financial/Acquisitions
Marriott and Starwood Shareholders Approve $13 Billion Mega-Merger
Real Mex Restaurants Parent Z Capital Partners Acquires 2-Unit Pink Taco
Incentives
Fazoli’s Extends Franchise Incentives for New Operators
International
Grimaldi’s Pizzeria Launches International Franchising Effort
Rebounderz Signs Master Agreement for 3 More in Panama
Paris Baguette and Carvera Argentinian Grill Set Sights on U.S.
Sloan’s Ice Cream Makes Middle East Debut in Kuwait
Hampton by Hilton Opens Flagship Hotel in China in Guangzhou
Blaze Fast-Fire’d Pizza Opens First Calgary Location
Brioche Dorée Opens in San Jose, Costa Rica’s Airport
Milestones
Discovery Point Child Development Center Marks 25 Years in Franchising
Real Deals on Home Décor Celebrates 10 Years of Franchising
Fabric Restoration Service Team (FRSTeam) Turns 10
New And Emerging Brands
The Casual Pint (10 Units) Plans To Open 15 More in 9 States in 2016
New French Fry Brand — #getfried Fry Café — Rolls Out Franchising Offer
People
Frisch’s Big Boy Names Jason Vaughn CEO After Acquisition by NRD Capital
Robeks Promotes Franchisee and CFO David Rawnsley to President
Freebirds World Burrito Adds President to Bobby Shaw’s COO Role
Saladworks Appoints Patrick Sugrue CEO, Following Bankruptcy
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