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...

Buffalo Wild Wings steps up investment in PizzaRev concept

PizzaRev announced that Buffalo Wild Wings Inc. has completed a second tranche of its equity investment in the company. "Buffalo Wild Wings has been an incredible partner for PizzaRev over the last year as we have expanded our market presence and perfected our growth strategy," PizzaRev co-CEO Rodney Eckerman said in a news release.

Bill introduced to make restaurants' 15-year tax depreciation schedule permanent

U.S. Representatives Mike Kelly, R-Pa., Richard Neal, D-Mass., Jim Gerlach, R-Pa., and Ron Kind, D-Wis., this week introduced H.R.

Papa Murphy's applies for NASDAQ listing under 'FRSH'

Papa Murphy's Holdings Inc. today announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to the proposed initial public offering of its common stock. According to a news release, the number...

Carmela's Pizzeria parent completes financing for franchise program

Greenfield Farms Food Inc. announced today that it has closed the financing round for use in the first phase of Carmela's Pizzeria's national franchising program. According to a news release, the initial phase of the national franchising program is development...

Chuck E. Cheese's sale to private firm finalized

An affiliate of Apollo Global Management LLC and Chuck E. Cheese's parent company, CEC Entertainment Inc., announced on Friday the completion of the investment company's acquisition of the 577-unit pizza and entertainment chain. According to a news release, the acquisition was effected through a tender offer followed by a merger.

Pizza Pizza adds 28 restaurants to royalty pool

Toronto-based Pizza Pizza Royalty Corp. and Pizza Pizza Limited announced that the number of restaurants on which royalties are paid to the company by the royalty pool has been adjusted to include 34 new restaurants opened in 2013; six restaurants...

Financing in place to kick off Carmela's Pizzeria franchising

Parent company Greenfield Farms Food Inc. announced that it has completed financing arrangements for the first phase of its franchising program for its Carmela's Pizzeria concept.

Project Pie teams up with private equity firm to accelerate growth

Carlsbad, Calif.-based Project Pie today announced a partnership with NYC-based Lee Equity Partners, headed by investor Thomas H. Lee.

Survey shows small business optimism for 2014

ShopKeep POS, a provider of cloud-based business management software for the retail and restaurant industries, recently surveyed more than 640 small businesses around the U.S., with most respondents stating they were optimistic about 2014. According to ShopKeep, 94 percent of...

Fitch: Stable credit outlook for U.S. restaurants in 2014

The credit outlook for U.S. restaurants should be mostly stable in 2014, despite some weak industry fundamentals, according to a new report published by Fitch Ratings.

Restaurant operators bullish about sales growth

Fueled by stronger same-store sales and traffic and a more optimistic outlook among restaurant operators, the National Restaurant Association's Restaurant Performance Index rose to a four-month high in October. The RPI — a monthly composite index that tracks the health of and outlook for the U.S.

Yum! Brands declares quarterly dividend

Yum! Brands Inc.'s board of directors has authorized the company to repurchase up to $750 million in additional shares of common stock and declared a dividend of $0.37 per share of common stock. The quarterly dividend will be distributed Feb.7,...

Balboa Capital named as approved lender for Domino's franchisees

Balboa Capital has been selected as an approved lender for Domino's Pizza franchise owners nationwide. Balboa Capital will provide its portfolio of financing options to franchisees who need funding for technology, equipment acquisition, working capital, store acquisitions and re-imaging. "We...

Unique Pizza and Subs seeking Chinese investors

Unique Pizza and Subs Corporation announced it will implement a EB-5 Visa Program and has sources for potential investors in China. According to a news release, Unique Pizza and Subs will use its efforts to qualify and acquire potential investors...

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