Sweet Paris Signs 15-Unit Deal With Jimmy John’s ‘Zees

An experienced franchisee group is set to expand the presence of Sweet Paris Crêperie Café in Florida, signing a 15-unit agreement for several markets including Tampa and Orlando. Sweet Paris, founded in 2012 and franchising since 2015, already has locations in Doral and Coral Gables, Florida. Sweet Paris’ newest partner in the state is the […]

17-Unit Popeyes Franchisee Files for Bankruptcy

Another Restaurant Brands International franchisee filed for bankruptcy. Georgia-based RRG Inc. filed for Chapter 11 protection in the U.S. Bankruptcy Court for Southern District of Georgia on January 31. The franchisee owns 17 Popeyes restaurants. RRG’s debts applies to vendors, rent, taxes and credit debt with a claim to Merchants Food Service up to $316,660 […]

St. Louis Snack Brand Switching to Philly Pretzel Factory

Philadelphia-style pretzels are different than the well-known Bavarian version, having a distinct figure 8 shape, which differentiates Philly Pretzel Factory from other well-known pretzel franchises. Looking to expand into St. Louis, Philly Pretzel Factory found a company to partner with that also creates the figure 8-style snack. That partner is Pretzel Pretzel, a company with […]

Craveworthy Enters Cookie Category With Dirty Dough Deal

Craveworthy Brands CEO Gregg Majewski said he never thought his portfolio company would grow as fast as it did in its first year. But then again, he said he never doubted the team he’s assembled at Craveworthy or their plan to go head-to-head with the largest restaurant companies.  Connect with our advisory team: Share this […]

Doherty Enterprises Buys 21 Applebee’s in NYC Metro

 Doherty Enterprises grew its portfolio of Applebee’s stores to 104 with the acquisition from Apple Metro. Doherty’s restaurants are in New York, Florida, New Jersey and Georgia. The company also owns Panera Bread and Chevys Fresh Mex stores, bringing its portfolio to more than 160 restaurants. Connect with our advisory team: Share this post ReInvest […]

CapitalSpring Takes Controlling Stake in Michigan Crunch Fitness Franchisee

Crunch Fitness franchisees have brought in a lot of private equity money in recent years. CapitalSpring is the latest investment management firm to join the ranks by taking a controlling stake in Primetime Fitness Partners, owners of nine Crunch gyms in Michigan.The deal and growth recapitalization, finalized in mid-December, follows the announcement in October that […]

Burger King® Company to Acquire Carrols Restaurant Group

The transaction is part of Burger King’s Reclaim the Flame plan to accelerate sales growth and drive franchisee profitability. The transaction follows the brand’s initial $400 million investment announced in September 2022 to drive high quality remodels, improve operations, enhance marketing and support ongoing technology and digital priorities. Connect with our advisory team: Share this post ReInvest […]

Big Chicken Growing in Midwest With 20-Unit Michigan Deal, Plus More Multi-Unit News

Big Chicken, a fast-casual concept founded by Shaquille O’Neal, signed a 20-unit development deal for Michigan. The agreement is with franchisee company H&D Group Investments. H&D Group plans to open locations in cities such as Detroit, Ann Arbor, Lansing, Flint, Saginaw and Mount Pleasant.  F   Connect with our advisory team: Share this post ReInvest Capital approaches […]

Papa Johns Franchisees to Develop Glo30, Plus More Multi-Unit News

Facial concept Glo30 signed two multi-unit deals for expansion in Arizona and Tennessee. The agreement in Arizona is with business partners Don Bauer and Philip Horn, who will open five Glo30 locations in Phoenix. Bauer, a former Domino’s franchisee, and Horn have been working together since 1995 and have since grown their Papa Johns portfolio to more then 60 restaurants. […]

KFC to Buy Franchise Stores in U.K. and Ireland, Plus More Bold Deals

KFC entered into a definitive agreement to acquire 218 KFC restaurants from EG Group, the company’s largest KFC franchisee in the U.K. and Ireland. KFC parent Yum Brands anticipates finalizing the transaction by the end of the first half of 2024. The transaction will be funded from Yum’s cash flows and, once completed, all of EG’s KFC […]