Survey: CFOs expect growth, technology investments in 2013

A majority of the 200 U.S.-based chief financial officers and senior finance executives surveyed said they plan to invest in their companies to drive growth in 2013, and expect to achieve higher revenues and profits in the New Year. The...

Papa Murphy's plans 100-plus new stores in 2013

Papa Murphy's has received a $7.5 million facility as part of a franchise lending program created by Franchise America Finance and The Bancorp Bank. The capital provides start-up funding for franchisees entering the Papa Murphy's system, as well as expansion...

GE Capital launches restaurant finance Web tool

GE Capital, Franchise Finance (GEFF) is rolling out a new Web tool, GE SmartChart, to its customers across the U.S. The tool was introduced at this week's Restaurant Finance & Development Conference in Las Vegas. GE SmartChart is designed to...

Round Table refinances senior debt

Round Table Pizza Inc. has completed the refinancing of its senior debt.

Despite softer September sales, restaurant operators more optimistic

As a result of softer same-store sales and customer traffic levels, the National Restaurant Association's Restaurant Performance Index (RPI) declined in September. The RPI — a monthly composite index that tracks the health of and outlook for the U.S. restaurant industry — stood at 100.4 in September, down 0.3 percent from August.

Hungry Howie's targets military vets for franchise growth

Michigan-based Hungry Howie's Pizza, which was named a 2012 "Military Friendly Franchise" by G.I. Jobs Magazine, is actively targeting veterans for franchising opportunities. The company recently signed two new veteran franchisees and has announced new initiatives to attract additional military...

Villa Enterprises secures $15M to fund acquisitions

Villa Enterprises Management Ltd. Inc.

Yum! Brands increases dividend by 18 percent

Yum! Brands Inc.'s board of directors approved an 18-percent increase in the company's quarterly dividend. The quarterly cash dividend will increase from 28.5 cents to 33.5 cents per share and will be effective with the dividend payment to be distributed on Nov.

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 to loosen up, more franchisees are expanding. Many...

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 Pizza now operates restaurants in 24 states and the...

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 months. The RPI – a monthly composite index that tracks the...

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 quarter. Pizza Fusion will become a wholly owned subsidiary...

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 development agreements in the U.S.

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 Association (IFA) and BoeFly, an online marketplace connecting small business borrowers...

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 – a monthly composite index that tracks the health of and outlook...

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.

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 online marketplace connecting small business borrowers with lenders. Despite...

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 Skechers USA Inc. Greenberg's investment will help accelerate growth as the company aims...

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 debt and a $1.5 million development line of credit for growth...

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 hospitality industries has been greater than average. This is according to...

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