Cardiff finalizes acquisition of Romeo’s NY Pizza

Florida-based Cardiff International Inc. announced last week the finalization of its acquisition of Romeo’s NY Pizza. "We are pleased to add them to our growing portfolio. We're excited to have acquired Romeo's NY Pizza, a family owned business, with great...

FEATURES


Rethinking an IPO in a seller’s market

Going public means being prepared for much greater transparency and accountability in business operations.

Why now is the right time to sell your restaurant

Restaurant transactions increased last year because of an uptick in the economic recovery and improved lending options.

4 things to consider when financing your restaurant

Small business financing is a relatively new industry and not everyone you speak to is reputable.

What the government shutdown means for the restaurant industry

Federal loans and food safety are two areas that will be affected.

Good news: Restaurant sales, unit growth, financing up

Total unit growth for the Top 100 restaurant chains was 1.8 percent in 2012, the highest since 2007.

Retail’s perpetual food cost advantage over QSR

Build awareness throughout the company employees (top to bottom) that food-cost control is the top priority, second only to customer satisfaction.

U.S. restaurant industry outlook: Slow and steady improvement

CIT's managing director says financing continues to open up for restaurant companies.

Few pizza concepts on list of fastest growing companies

Restaurant category dominated by concepts from fledgling fast casual segment.

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.

NRA 2012: Sbarro CEO Jim Greco

Sbarro's newly elected CEO Jim Greco discusses the chain's strategy moving forward during the 2012 NRA Show in Chicago. Greco said the chain's vision is to be the pre-eminant fast casual brand worldwide.

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NEWS


Restaurant industry health and outlook hits a two-year peak

Driven by stronger sales and traffic levels and an increasingly optimistic outlook among restaurant operators, the National Restaurant Association’s Restaurant Performance Index rose to its highest level in more than two years.  The RPI – a monthly composite index that tracks the health of and outlook for the U.S.

Lebron James’ investment group bringing Blaze Pizza to Miami

Blaze Fast-Fire'd Pizza today announced that it will soon enter the Miami market with three locations set to open within the next year. The company's first area location will be in Fort Lauderdale followed by a second location in Boca...

Franchise Assoc. CEO: Economy is on track to full recovery

Franchising growth is expected to grow significantly this year, according to new reports. FRANdata, which has been analyzing franchising activity for more than 25 years, reports that demand for franchise units is expected to increase by more than 12 percent...

Sbarro to get a fresh start in new Ohio home

Sbarro announced this week that it is moving its headquarters from Melville, N.Y., to Columbus, Ohio, as it emerges from bankruptcy protection. The pizza chain filed for Chapter 11 reorganization in March, its second such filing in three years.

Restaurant traffic continues on a positive trajectory

Driven by improving same-store sales and customer traffic and a positive outlook among restaurant operators, the National Restaurant Association’s Restaurant Performance Index rose for the second consecutive month. The RPI stood at 101.7 in April, up 0.3 percent from March...

MOD Pizza raises $15M to accelerate expansion

Seattle-based MOD Pizza has raised more than $15 million from private investors to support an accelerated expansion of the brand. In addition, the company announced that it will be opening stores in three new markets this summer – the San...

Papa Murphy's IPO priced at $11 per share

Papa Murphy's Holdings has announced the pricing of its initial public offering of 5,833,333 shares of common stock at $11.00 per share. According to a news release, all of the shares in the offering are being offered by Papa Murphy's,...

Energy Edge Technologies to acquire stake in Power Pizzeria

Energy Edge Technologies Corporation has entered into an agreement with Power Pizzeria to acquire a 49-percent stake in the pizza company. While specific terms are being negotiated, Power Pizzeria management said the transaction is anticipated to close in the second...

Restaurant industry metrics reach 10-month high

Driven by stronger same-store sales and customer traffic and a more optimistic outlook among restaurant operators, the National Restaurant Association's Restaurant Performance Index rose to a 10-month high in March. The RPI — a monthly composite index that tracks the...

Papa John's issues quarterly dividend

Papa John's has declared a quarterly dividend of 0.125 cents per common share, payable May 23 to shareholders of record at the close of business on May 12.

Papa Murphy's plans $70M IPO

Papa Murphy's laid out terms for its initial public offering this week and plans to raise $70 million through about 5.8 million shares valued at $11 to $13 each.

Canadian Restaurant Investment Summit schedule solidified

The fifth annual Canadian Restaurant Investment Summit, produced by GE Capital, will be held in Toronto on May 6-7. According to a news release, it will feature operators, executives, franchisees, investors, lenders and suppliers. One of the sessions features Cara's...

NRA solidifies inaugural Restaurant Finance Summit lineup

The National Restaurant Association has finalized the full line-up for its inaugural Restaurant Finance Summit, which is May 19 during the NRA Show in Chicago. According to a news release, the half-day conference will kick off with a luncheon and...

PizzaRev, Buffalo Wild Wings partnership called 'Deal of the Year'

The strategic partnership formed between PizzaRev and Buffalo Wild Wings was selected as the top investment 'Deal of the Year' by Franchise Times magazine. According to a news release, PizzaRev founders Irv Zuckerman and Rodney Eckerman received the award at...

Access to capital increases for small businesses

A new report from Pepperdine Private Capital Access Index shows that access to capital for businesses of all sizes increased in the first quarter and is at its highest since the inception of the report in Q2 2012. According to...

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