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The fast casual segment continues to outpace the rest of the restaurant industry and will continue to do so, despite having higher price points than its QSR competitors, according to Bob Bielinski, managing director of CIT Corporate Financie. "Fast casual...
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.
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.
Restaurant operators are unimpressed about the direction of the economy.
Three of Brix Holdings' franchise brands today announced limited-time offers providing financial incentives for new franchisees. The new programs will ensure real estate selection opportunities and charge zero percent royalties for the first six months after opening a Red Mango,...
According to CIT Group’s newly-released and third annual Voice of the Middle Market study, a majority of middle market execs have a positive outlook for their businesses, with 63 percent indicating that their companies are better off today than last...
GE Capital, Franchise Finance announced today that it has expanded its team of account executives to focus on the restaurant industry. Leading the initiative is Allen Johnson, who has been promoted to managing director of new relationship development in the...
The Restaurant Finance Monitor's annual Restaurant Finance & Development Conference will be held Nov.
The funding will help Phoodeez, a corporate catering concierge that works with more than 40 local restaurants and food trucks, reach more customers.
The Playbook Solutions Group Franchise Income Fund has been formed to help professional athletes get into franchising. The fund was founded by Steve Levenson and NFL veteran Leonard Marshall is a partner. "The franchise industry is continuing to flourish and...
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...
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