Going public means being prepared for much greater transparency and accountability in business operations.
Restaurant transactions increased last year because of an uptick in the economic recovery and improved lending options.
Small business financing is a relatively new industry and not everyone you speak to is reputable.
Federal loans and food safety are two areas that will be affected.
Total unit growth for the Top 100 restaurant chains was 1.8 percent in 2012, the highest since 2007.
Build awareness throughout the company employees (top to bottom) that food-cost control is the top priority, second only to customer satisfaction.
CIT's managing director says financing continues to open up for restaurant companies.
Restaurant category dominated by concepts from fledgling fast casual segment.
During Q2 earnings call, CEO claimed Affordable Care Act would cause rise in pizza prices in order to protect shareholders.
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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.
The Wall Street Journal this week examined the 10 "worst franchise brands," based on SBA loan defaults. The list included three restaurant brands – Cold Stone Creamery, Quiznos and CiCi's Pizza.
Topping the list was Planet Beach, with a 41.1 percent default rate.
Yum! Brands Inc.'s board of directors has approved an 11 percent increase in the company's quarterly dividend. The quarterly cash dividend will increase from $0.37 to $0.41 per share and will be effective with the dividend payment to be distributed on Nov.
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...
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.
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...
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 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.
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...
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 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 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...
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 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 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.
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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...