Good News Is Back! December 2015
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 small. 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
Former NFL Players To Open 14 Dunkin' Donuts in St. Louis Area
Hurricane Grill & Wings Signs Deal for 8 Units in Kansas
Pie Five Pizza Signs New Florida Deal for Up to 20 Units
PizzaRev Inks Multi-Unit Deal for Arizona
Billy Sims BBQ Signs 9 New Units; Predicts Record Growth in 2016
Rubio's Restaurant To Convert 8 Lime Fresh Restaurants in Florida
Newk's Eatery Opens 3 in Alabama
Penn Station East Coast Subs Signs MU Deal for 3 to 5 in Chicago Area
Financial/Acquisitions
Kahala Brands Buys Pinkberry; 4th New Concept in 2015
Carrols Restaurant Group Buys 46 More Burger Kings, Now at 705
Annual Same-Store Sales Rise 6.5 Percent at JIB, 9.3 Percent for Qdoba
100 Montaditos Out of Bankruptcy, Plans To Restart U.S. Growth
Roark Capital's Driven Brands Acquires Carstar Canada's 230+ Locations
Valvoline Parent Ashland Buys Oil Can Henry's 89 Quick-Lube Stores
177-Unit Taco Bueno Restaurants Acquired by TPG Growth
TSG Consumer Partners: $2.5 Billion Fund Targets Include Restaurants
Thompson Hospitality Makes Strategic Investment in Pizza Fusion
International
KFC To Open First Unit in Tibet
Coyote Ugly Targets 15 New Bars in Mexico
Johnny Rockets Targets 5 New Countries in 2016
Krispy Kreme Opens First Store in Africa in South Africa
Denny's Opens Two Restaurants in Dubai; Plans Call for 30
BurgerFi Opens First International Unit in Mexico, First of 40 Planned
The Halal Guys Sign Deal for 5 Units in Quebec
Così Opens 6th Restaurant in Costa Rica
HipPOPs Opens First of 10 to 20 Locations in Dubai
Burger King To Open 1st Unit in Ivory Coast in Abidjan
Milestones
Baskin-Robbins Turns 70, Celebrates with "Throwback" Prices
Snip-its Child Hair Care Salon Marks 20 Years in Business
The Flame Broiler Marks 20th Anniversary with Free Rice Bowls
CREAM, Gourmet Ice Cream Sandwich Brand, Turns 5
The Joint Chiropractic Opens 300th Clinic
New Brands
CruiseOne Introduces Dream Vacations Brand
Quiznos Debuts New Quiznos Grill Concept
Fuchsia Spa's 1st Franchised Unit Is in Phoenix
iHandyMan Launches New Home Maintenance Concept
Firenza Fires Up Its New Fast Casual Pizza Brand
Delaware-Based go brit! fish + chips Begins Franchising
People
Twin Peaks Names Starlette Johnson as New CEO
Ignite Restaurant Group Appoints Robert Merritt CEO
Bob Evans Names Saed Mohseni New CEO, President
Bravo Brio Names Brian O'Malley CEO, Connie Collins COO
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