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Report: Chain restaurants growing through franchising
A new report by Technomic and Restaurant Finance Monitor finds that the franchising of restaurant brands continues to be a major growth avenue pursued by chains and that, as credit markets continue … -
Marco's Pizza averaging one opening a week
Toledo-based Marco's Pizza recently celebrated its 300th store opening. The Wheeling, Ill., unit is also the brand's first location in Illinois. Opening an average of one new store per week, Marco's … -
Restaurant operator optimism slips
As a result of softer customer traffic and a dampened outlook among restaurant operators, the National Restaurant Association's Restaurant Performance Index (RPI) fell to its lowest level in nine … -
Pizza Fusion acquired by Unique Pizza and Subs Corp.
Unique Pizza and Subs Corporation today announced that it has signed a definitive agreement to acquire privately held Pizza Fusion Holdings, with closing expected by the end of the third calendar … -
Papa John's offers development incentives for 2013
Papa John's is once again offering existing and potential franchisees a package of incentives to join the system. Under the company's 2013 Development Incentive Program, franchisees signing … -
Few pizza concepts on list of fastest growing companies
Restaurant category dominated by concepts from fledgling fast casual segment.- Alicia Kelso -
QSR franchisee lending up 28 percent this year
Lending to franchise businesses decreased by 3.64 percent from June to July following a 5.73 percent increase in June, according to the Franchise Lending Index from the International Franchise … -
Papa John's Obamacare comments create social media firestorm
During Q2 earnings call, CEO claimed Affordable Care Act would cause rise in pizza prices in order to protect shareholders.- Alicia Kelso -
Restaurant industry reports continued positive sales
The outlook for the restaurant industry remained positive for the months ahead, as the National Restaurant Association's Restaurant Performance Index (RPI) remained above 100 in May. The RPI &ndash … -
Papa John's franchisee receives $6.7M credit facility
GE Capital, Franchise Finance recently provided a $6.7 million credit facility to Pizzerias LLC, a Papa John's franchisee that operates 31 locations in the Miami market. The funding is being used to … -
Franchise lending up 6 percent year over year
Lending to franchise businesses saw a drop of about 0.5 percent from April to May, according to the monthly Franchise Lending Index from the International Franchise Association (IFA) and BoeFly, an …1 comment -
Fresh Brothers secures funding from Sketchers co-founder for growth
Fresh Brothers, a six-unit chain of pizzerias located in Southern California, has received an equity investment from Michael Greenberg, co-founder and president of Manhattan Beach-based shoe company … -
Southern California Domino's franchisee receives financing for growth
GE Capital, Franchise Finance recently provided a $7.1 million credit facility to Hishmeh Enterprises, a Domino's Pizza franchisee. The funding includes a $5.6 million term loan to refinance existing … -
Restaurant franchise lending shows stabilization
Although franchise lending has been fairly static from March 2011 to March 2012 and franchisee credit access remains below its long-term average, lending to franchisees in the foodservice and … -
Pie Five concept showing store level progress
Pizza Inn Holdings Inc.'s third fiscal quarter ended March 25 and included a net income decrease of $0.4 million year-over-year to $52 thousand, compared to net income of $0.4 million for the same … -
Domino's international division surpasses domestic footprint
Company's Q1 promotional focus was on side items, driving tickets and store profits.- Alicia Kelso -
Yum! Brands names new president and CFO
Louisville, Ky.-based Yum! Brands Inc. has announced the promotion of Rick Carucci, 54, to president, reporting to chairman and CEO David C. Novak. The company also announced the promotion of Patrick … -
Restaurant industry turns in strongest post-recession quarter
Driven by solid same-store sales and traffic results and an increasingly bullish outlook among restaurant operators, the National Restaurant Association's Restaurant Performance Index (RPI) reached … -
Report: Pizza segment positioned to double revenue in five years
Operators have successfully weathered changes in spending and eating habits.- Alicia Kelso -
Papa John's buying bankrupt franchises
Papa John's will pay a total of $5.25 million to buy Colorado and Minnesota franchises currently owned by Baltimore-based PJCOMN Acquisition Corp., which is operating under bankruptcy protection …
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