Franchise Industry Growth & Expansion
Thriving franchise companies in search of growth opportunities know that well-executed expansion strategies are key to their continued success. Here's where you'll find the latest news as franchisors issue press releases announcing their growth, new unit openings, development strategies, and the regions and territories where they're offering franchising opportunities to both new and existing franchisees.
Motto Mortgage, an innovative mortgage brokerage franchise focused on transparency and compliance, has a new office in the Windy City.
TWO MEN AND A TRUCK, the leading moving company franchise, had a great 2018 which included welcoming 14 new franchisees into the system to open five new locations and take over nine existing territories.
Honor Yoga, known as an eco- and beginner-friendly yoga studio and community that welcomes and nourishes every yogi to thrive in their practice, has set its intentions on expanding into North Carolina.
Just 2 percent of startup franchises operating for less than two years reach 50 or more units in that time period, according to FranchiseGrade. PatchMaster has reached that mark - in under a year.
American Dairy Queen Corporation (ADQ) recently announced a strategic plan to intensify its growth initiative for DQ Grill & Chill® restaurants.
Jersey Mike’s Subs, known for its fresh sliced/fresh grilled subs, opened last week on Thursday, February 14, aboard Joint Expeditionary Base Little Creek-Fort Story in the Main Navy Exchange food court.
Valvoline Inc. announced today its franchisee, Quality Automotive Services Companies, has opened a new Valvoline Instant Oil ChangeSM (VIOC) service center in Seneca, South Carolina.
Choice Hotels International, Inc. (NYSE: CHH) has signed an agreement with NIAM Investments to develop a six-story, 119-room Cambria Hotel in Spartanburg, S.C.
Spaulding Decon announced its new franchise location in Cincinnati Ohio, which will provide services to the surrounding Ohio region as well as Northern Kentucky and Southeast Indiana.
Bubbakoo’s Burritos, a Jersey Shore-based eatery that touts Mexican food fused with American flavor, is expanding into neighboring New York.
RaceTrac, one of America’s leading retail, fuel and convenience store destinations, announced today the launch of its new franchise program.
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Deka Lash, the experts in eyelashes, announced today the opening of their newest studio in New Jersey.
The top cruise travel agency franchise in North America, Expedia CruiseShipCenters, has just announced the signing of its first multi-unit franchise agreement.
Iconic restaurant, hospitality and lifestyle brand Hard Rock International announces the opening of its digital doors with a new online Rock Shop®.
Valvoline Inc. announced today that it has opened another new company-owned Valvoline Instant Oil ChangeSM (VIOC) service center in the Houston market.
RockBox Fitness - a state-of-the-art fitness franchise that combines boxing, kickboxing, and functional training into high-energy group workouts – is punching its way into South Carolina.
Choice Hotels International, Inc. (NYSE: CHH) awarded an agreement to ServiceStar Hospitality to develop 14 new WoodSpring Suites hotels throughout Colorado, Arizona, and Nevada.
Rush Bowls is opening its first Connecticut location in Hartford on February 19.
Pinch A Penny Pool Patio and Spa announced the opening of its newest franchised location in Kingwood, Texas, marking the brand’s 16th location in the state and 12th in the greater Houston area.
Sustaining its tremendous growth into 2019, DoubleTree by Hilton will expand its footprint around the world, with nearly half of its 200 planned hotels located in the Asia Pacific region.
Kitchen Tune-Up, a national kitchen and bath remodeling company known for its signature one-day wood restoration service, has another location serving Raleigh.
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CRISP & GREEN, a Minnesota-based fast casual concept, today announced it has sold out the state of Minnesota by signing a multi-unit development deal with seasoned second-generation franchise operator, Blake Graves.
Amazing Lash Studio, the nation’s largest and fastest-growing eyelash extension franchise beauty brand, opened a new studio in King of Prussia on Friday, February 1.
BIGGBY® COFFEE is taking the Northeastern Ohio region by storm! Three new stores are set to hit the market in the early- and mid-months of 2019, and 55 more expected by 2024.
Coming off the 25th year since the brand’s founding, Wing Zone continues to find a growing fan base overseas and has plans to open an average of at least one new international location per month in 2019.
Tulsa natives and high school sweethearts Chris and Susan Gates will be opening the newest Coolgreens at 5501 E. 41st Street in Tulsa, Oklahoma on Monday, February 18th.
HomeSmart International is pleased to announce HomeSmart Realty Partners is the newest franchise to align with the fast-growing real estate brand.
Homewatch CareGivers is expanding to meet the increased need for a superior home care provider in Orange.
Duck Donuts, one of the nation’s fastest growing donut franchise companies, announced today expansion plans to bring Warm, Delicious and Made-to-Order!® donuts to Puerto Rico.
Jersey Mike’s Subs, known for its fresh sliced/fresh grilled subs, opened in San Diego on February 13.
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