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WEBMalls Remain Ripe for Development—for the Right Franchises. Franchise Times provides franchisees and franchisors with reliable information and resources for building and growing a franchise or franchise system.
Chick-fil-A Tops $21 Billion in Systemwide Sales as Unit Volumes …
WEBApr 5, 2024 · Chick-fil-A hit a milestone in 2023, with systemwide sales reaching $21.6 billion, beating 2022’s total of $18.8 billion. The fast-food chicken sandwich chain’s sales are nearly $10 billion higher than five years ago, …
WEB30 Franchise Times | August 2022 1 Flynn Restaurant Group San Francisco, CA $3,700,000,000 937 Pizza Hut 441 Applebee's 368 Arby's 285 Taco Bell 192 Wendy's
Emerging Franchise 7 Brew Wants to Change the Drive-thru Coffee ...
WEBFeb 14, 2023 · 7 Brew’s stores have double drive-thrus with canopies and "human-to-human ordering" that CEO John Davidson says gives the brand its magic. The Arkansas-based company has 56 units open, 40 of which are franchised.
Chick-fil-A’s Earnings Top $1 Billion for Second Straight Year
WEBApr 6, 2023 · Chick-fil-A's AUV hit $8.6 million in 2022 for its domestic franchised restaurants not located in malls. Compared to five years ago, Chick fil-A’s average unit volume has increased 53 percent. Chick-fil-A Inc. reported record revenue for 2022, although higher restaurant operating expenses including food …
Out as CEO, Zaxby’s Founder Reflects on 30 Years of Growth
WEBNov 1, 2021 · Zach McLeroy is out as CEO of Zaxby’s, the chicken restaurant chain he co-founded with Tony Townley in 1990. He will become chairman in January 2022, and Bernard Acoca will become the Athens, Georgia-based chain’s first CEO hired from the outside. When congratulated on being “kicked upstairs,” McLeroy laughed. “That’s …
WEB30 | Franchise Times Franchise Times | August 2023 1 Flynn Restaurant Group San Francisco, CA $4,000,000,000 944 Pizza Hut 439 Applebee’s
Large Pizza Hut Franchisee Files for Chapter 11 Following Lawsuits
WEBJul 23, 2024 · A Pizza Hut franchisee filed for bankruptcy protection following lawsuits between the franchisor and franchisee. EYM Pizza LP, one of Pizza Hut’s largest franchisees, filed for Chapter 11 bankruptcy protection in the Eastern District of …
Orangetheory Alum Launches Ohm Fitness to Deliver EMS Workout
WEBJul 14, 2022 · Orangetheory, started in 2010, famously has more than 1,300 studios today. He also was involved in European Wax Center, at first helping the founders develop the concept and later becoming a franchisee. Cost of investment for an Ohm Fitness franchise ranges from $225,000 to the high $300,000s, he said. Asked if …
Checkers Gets $20M From Owner to Fund New Design, Growth
WEBJan 15, 2021 · Checkers Drive-In Restaurants, the parent company of burger franchise Checkers and Rally’s, received a $20 million investment from Oak Hill Capital Partners IV, the private equity firm that bought Checkers in 2017.The capital injection will fund a five-year growth plan focused on Checkers’ “Restaurant of the Future” design, which includes four elements—upgrading the kitchen ...