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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.
Why Jersey Mike’s Is Tapping Danny DeVito as First Celebrity …
WEBSep 20, 2022 · Watching the crew at Jersey Mike’s slice the meats and cheeses for a sandwich sends a “rush of emotions through a person.” That’s the sentiment expressed by Danny DeVito as he delights in the preparation of a Jersey Mike’s sub during a new advertising spot, part of the brand’s recently launched national campaign titled, “It’s a …
Planet Fitness Tests Price Increases, Announces Changes to …
WEBJan 10, 2024 · Planet Fitness is ranked No. 29 on the Franchise Times Top 400, with system sales of $3.9 billion in 2022. “We’re coming from a position where we’re not trying to fix anything, we’re trying to enhance what we have,” said …
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 costs and labor, cut into …
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
Inside the Craze at Fast-growing Franchise Crumbl Cookies
WEBOct 27, 2021 · The cost to open a Crumbl ranges from $229,666 to $574,833, including a $25,000 franchise fee. Franchisees pay an 8 percent royalty fee. The average unit volume was $1.27 million in 2020, according to Crumbl’s franchise disclosure document. Maguire said his stores are “doing really well” and “on the financial side, we’re very happy.”.
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 …
Amici Finalizes Acquisition of Friendly's, Plans to 'Reinvigorate' 130 ...
WEBJan 21, 2021 · Amici Partners Group, affiliated with multi-brand franchising company BRIX Holdings, finalized the acquisition of Friendly's Restaurants and plans to keep all 130 units open.
New Coffee Franchise Minuti Emphasizes Italian Roots
WEBDec 22, 2020 · The total investment cost for a streetside or freestanding Minuti Coffee franchise is $232,000 to $363,000, including a $30,000 to $50,000 franchise fee. Minuti also has a kiosk model with an investment range of $128,000 to $224,000. The royalty is 5 percent of monthly gross sales. Minuti's beverages feature espresso from Molinari Coffee.
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.