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franchising

Financing

Effort to kill the 'joint employer' redefinition draws support in the Senate

 By Peter Romeo on Oct. 30, 2023

Sens. Joe Manchin and Bill Cassidy say they'll seek a seldom-used law to block what they termed NLRB overreach.

Operations

Potbelly signs 40-unit franchise deal in Ohio, Fla.

 By Lisa Jennings on Oct. 30, 2023

The more-than 430-unit chain is pushing both refranchising and new unit franchise growth.

Operations

Forget popcorn. Soon movie goers can order BurgerFi

By Lisa Jennings on Oct. 19, 2023

The burger chain signed a licensing agreement with a movie theater chain that will allow film watchers to order burgers from their seats.

Financing

Up to 40 Smokey Bones could become Twin Peaks under new owner

By Joe Guszkowski on Oct. 09, 2023

Fat Brands, which owns both chains, said the conversions will fuel the 103-unit Twin Peaks as it heads toward a planned 2024 IPO.

Financing

Burger King's revitalization enters a new chapter

By Jonathan Maze on Oct. 06, 2023

The fast-food chain has a new prototype that is targeted at digital orders and simplifies the workspace for employees. The company also plans a further evolution in its marketing as part of the next phase of “Reclaim the Flame.”

Financing

The McDonald's premium? It's in the rent

By Jonathan Maze on Oct. 05, 2023

The Bottom Line: The burger giant’s franchise charges have been below average despite the strength of its brand. But its premium comes in the leases its franchisees pay.

Financing

Subway pushes its franchisees to accept digital offers

By Jonathan Maze on Sep. 27, 2023

The sandwich giant, which is being sold to Roark Capital, told franchisees that they must accept mobile app discounts by Dec. 28. A lot of the brand’s operators were not pleased.

Financing

Executives' franchisee profitability comments are pointless until they report the data

By Jonathan Maze on Sep. 25, 2023

The Bottom Line: McDonald’s and its franchisees differ on the profitability of restaurants, but we can’t judge for ourselves because the company doesn’t release the data, like most franchise businesses.

Financing

Is it a service fee or a royalty? To McDonald's franchisees, the difference is huge

By Jonathan Maze on Sep. 24, 2023

The burger chain's operators say their cash flow has not kept pace with inflation and the higher royalty on new units and acquisitions will make matters worse. But they say a term change is the bigger problem.

Financing

McDonald's plans to increase its U.S. royalty fees by 25%

By Jonathan Maze on Sep. 22, 2023

The burger giant plans to start charging its franchisees 5% of revenue on new locations or acquisitions of corporate restaurants starting next year in the U.S. and Canada, up from 4%.

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