Good News - March 2016

Good News - March 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

Bach to Rock To Open 4 New Schools (CT, GA, NJ, and NY)

Blaze Fast-Fire’d Pizza To Open 5 New Stores in Arizona

Burger 21 Opens 21st Restaurant; 20-Plus More in Development

Chronic Tacos Opens First of 15 in Planned for 2016

Del Taco Inks 6-Unit Deal for Brevard County, Florida

Dickey’s Barbecue Signs 10-Store Deal for Hawaii and Florida

Firenza Pizza Signs 3-Unit Deal for Northern Wisconsin

Genghis Grill Launches Plan To Double Its 86 Locations in 5 Years

Nurse Next Door Signs 26-Franchise Deal with St. Joseph Health System

Paisano’s Pizza Slated To Open 11 New Stores in U.S. and 1 in UAE

Starwood’s Aloft, Element, and Four Point Brands To Open 9 Hotels in Florida

The Halal Guys Sign New Deal for Territories in Chicago, Wisconsin

Tint World To Open 3 More Locations (MS, ID, CA)

Wahlburgers Signs 5 Agreements for 30 Units in 7 States

Big Brands, Big Plans

DineEquity To “Boldly Change” Applebee’s, Remodel 400 IHOPs in 2016

Shoney’s Revitalization Plan Seeks Return to “Glory Days” with Franchising

TGI Fridays Announces Brand Overhaul, Reimaging, Repositioning

Financial/Acquisitions

BIP Capital, Atlanta VC Firm, Launches BIP Franchise Accelerator

Black Bear Diner Receives PE Infusion from PWP Growth Equity

Famous Dave’s Completes Chicago Refranchising with Sale of 7 Units

Fiesta Restaurant Group To Split Off Pollo Tropical and Taco Cabana Brands

Main Post Partners, New PE Firm, Raises $400M, Targets High-Growth Brands

Panda Restaurant Group Invests in Just Salad, YakiYan, Ippudo, and Uncle Testu

NRD Capital Buys 70% Stake in 90-Unit Fuzzy’s Taco Shop

Sun Capital Acquires HuHot Mongolian Grill’s Largest Franchisee (21 Units)

Incentives, Veterans

Great American Cookies, Marble Slab Creamery Parent Unveils Co-Brand Incentive

Pirtek Boosts Veteran Franchise Discount to $15,000

Pizza Patron Waives $20,000 Franchise Fee for Veterans’ First Store

Topper’s Creamery Express Guarantees 100% ROI in Year One ($5,000)

International

Così Inks 5-Unit Master Development Deal for Panama

Dunkin’ Brands Plans Further Expansion in Europe

Kinderdance Expands into “Greek Cyprus”

McDonald’s Enters Kazakhstan in 15-Unit Deal with President’s In-Law

Papa John’s Pizza Opens First Store in Israel in 10-Unit Deal

Red Mango Opens 4th in El Salvador

Tim Hortons Makes Bigger Push Into U.S.

Milestones

Carl’s Jr. To Celebrate 75th Anniversary with Car Restoration, Giveaways

Domino’s Pizza Opens 1,000th Store in India, More on Tap

MAD Greens Opens 20th Unit; Plans 15 to 17 More in 2016

Marco’s Pizza Opens 700th Location; Seeks 1,000 by End-2017

Penn Station East Coast Subs Reaches 300; Plans 25 More in 2016

Pita Pit Notches 600th Opening; Marked 20th Anniversary in 2015

Wayback Burgers Turns 25; Plans Continued International Expansion

New Brands

Blink Fitness Signs First Two Franchisees, Launches New Campaign

Bulk Nation Inks First Multi-Unit Deal for Orlando

Dee-O Gee, Dog and Cat Supply Retailer, Begins Franchising

Fitness Machine Technicians Announces Franchise Opportunities

Safe Homecare, Founded in 2014, Offers Franchises Nationwide

Sliderz Restaurants Begins Franchising; Plans 8 Openings in South Florida

Spenga (a Fitness Boutique) Signs 15 Agreements in First 2 Months of Franchising

People

Bloomin’ Brands Names Mike Kappitt President of Carrabba’s Italian Grill

Froots Founder David Lopez Returns, Along with Former COO Scott Mortier

MOD Pizza Makes 3 Key Leadership Appointments To Support Expansion

Rave Restaurant Group Names Bob Bafundo President of Pizza Inn

Red Robin Names Denny Marie Post President, Stuart Brown to EVP

Published: March 14th, 2016

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