Franchise Times’ Restaurant 200
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Sandwich chain Subway will be sold to fast-food investor Roark Capital
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Subway: Don’t Call it a Comeback
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Burger King parent says U.S turnaround is already improving profits for franchisees
Burger King’s efforts to revive its business in the United States are already yielding positive results, with improved profitability for its franchisees and stronger sales. According to Josh Kobza, the CEO of parent company Restaurant Brands International, the company has successfully redirected sales and significantly increased franchise profitability. This positive development comes after Burger King […]
Young Leaders: Kash Aggarwal
Keshuv Kash Aggarwal joined KK Corporation as a store manager when he was 16 years old, but his introduction to restaurant leadership started well before then. The company was founded in 1997 when his mother, Renu Aggarwal, purchased her first Subway restaurant in Houston. Aggarwal says being raised in the company and surrounded by strong […]
Setting Goals for Your Franchise Success Before You Invest
Investing in a franchise offers the exciting opportunity to be your own boss and shape your work life according to your preferences. However, this freedom comes with the responsibility of setting clear goals to guide your franchise’s success. Without well-defined objectives, it’s easy to veer off course or settle for less than your full potential. […]
Fresh Dining Concepts Buys 73 Auntie Anne’s to Become New No. 2
Fresh Dining Concepts has acquired Double P Corp, the second-largest franchisee of Auntie Anne’s pretzel stores, in a deal that makes Fresh Dining Concepts the largest franchisee of Focus Brands in the snack concepts category. The purchase involved buying 73 Auntie Anne’s locations from Double P Corp, which was founded by the Patinkin brothers. Kevin […]
Subway comes up with debt plan to clinch $10 billion- plus sale
Bankers managing the sale process for Subway are providing potential buyers, including private equity firms, with a $5 billion plan for financing the acquisition. The aim is to overcome challenges posed by a difficult leveraged buyout environment and meet Subway’s asking price of over $10 billion. Rising interest rates and concerns about an economic slowdown […]
TOMS Kings bankruptcy yields bids for 82 of its 90 Burger King units
Four Bidder’s potential deals await Ohio bankruptcy court approval TOMS King Holdings LLC, a major franchisee of Burger King in the US, has received bids for 82 out of its 90 locations, according to court documents. The company had filed for Chapter 11 bankruptcy protection earlier this year and conducted a sale auction in March. […]
Fresh Dining Concepts doubles in size to become Largest Franchisee
Fresh Dining Concepts doubles in size to become the largest Multi-Unit-Operator in Auntie Anne’s & Cinnabon Fresh Dining Concepts (FDC) Doubles in Size to Become the Largest Franchisee Auntie Anne’s and Cinnabon multi-unit operator Fresh Dining Concepts (“FDC” or the “Company”) completed an acquisition of 73 stores on December 29, 2021, doubling in size to […]