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...

Noble Roman's signs 37 take-n-bake franchise agreements

Noble Roman's Inc., the Indianapolis-based franchisor of Noble Roman's Pizza and Tuscano's Italian Style Subs, announced an initiative to reduce future dilution and simplify the company's capital structure. In addition, the company announced that it had restructured its current bank...

CiCi's Pizza plans equity partnership with franchisees

CiCi's Pizza will present information about its "equity partnership" program during the Restaurant Finance & Development Conference in Las Vegas Nov. 4-6. The company's recently launched 2013 Franchisee Partner Investment program features incentives for potential franchisees to help stimulate new restaurant development.

Papa John's issues quarterly dividend

Papa John's International Inc.'s board of directors has declared a quarterly dividend of 25 cents per common share, payable Nov. 22, to shareholders of record at the close of business on Nov.

Greenfield Farms' acquisition of Carmela's Pizzeria complete

Colorado-based Greenfield Farms Food Inc. announced today that is has closed the acquisition transaction with Carmela's Pizzeria. This closing completes the acquisition of 100 percent of the equity interests of Carmela's in a newly created, wholly owned operating subsidiary of...

GE Capital expands financing to foodservice equipment industry

GE Capital's Commercial Distribution Finance business announced it will expand financing capabilities and coverage to the commercial foodservice and refrigeration industries across the U.S. and Canada.

Restaurant cash advance loan company launches

A new company,, has launched with an objective of making credit availability faster and easier for restaurant operators. According to a press release, the company works with clients regardless of business size and offers loan decisions in 48 hours....

Yum! Brands' quarterly dividend increased by 10 percent

Yum! Brands Inc.'s board of directors has approved a 10-percent increase in the company's quarterly dividend. The quarterly cash dividend will increase from $0.335 to $0.37 per share and will be effective with the dividend payment to be distributed on Nov.

Lou Malnati's leverages Chase's 'Main Street' financing program

This week, Chase launched Mission Main Street, a multimedia advertising and lending campaign that focuses on success stories from a business owner's perspective. Nominated by bankers for their unique stories, nine out of more than 4 million businesses served by...

Unique Pizza and Subs converts 96% of debt

Unique Pizza and Subs Corporation, a Delaware Corporation, has announced it has come to an agreement to convert 96 percent of all its debt into restricted, controlled stock. With this agreement, $4,933,050 worth of debt will be converted into restricted...

Private equity firm invests in Your Pie pizza franchise

Your Pie and Georgia Oak Partners have entered into a partnership in which Georgia Oak will invest substantial growth equity into the emerging pizza franchise brand. Georgia Oak's capital infusion will be used to support Your Pie's infrastructure growth and...

Praesidian Capital invests $17.4M in John's Incredible Pizza Company

Praesidian Capital, a provider of debt capital for small and mid-sized businesses, has invested $17.4 million of first lien debt to recapitalize John's Incredible Pizza Company Inc. Praesidian's investment represents 58 percent of the total $30 million deal, the balance...

Is Papa Murphy's ready to go public?

Take-and-bake chain Papa Murphy's may soon be part of the stock market. Sources told Reuters this week that the Washington-based company is "close to selecting banks" for an IPO that could come by the end of this year. Papa Murphy's has been owned by Lee Equity Partners since 2010.

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