Restaurant Business Daily

A true business intelligence tool helping operators become more efficient and profitable, Restaurant Business Daily eNewsletter gives restaurateurs tips and tools from RestaurantBusinessOnline.com's most recent postings and from around the web.

Financing

Remodels, a pandemic and Brazil led to the bankruptcy of a Wendy's franchisee

Starboard Group, the Wendy’s franchisee that sought debt protection this week, said a number of factors converged that led to the filing, including a failed Brazilian joint venture.

Operations

Potbelly signs deal to expand in Seattle-Tacoma market

This latest move in a series of deals will refranchise nine corporate locations and add another 13 new franchised units in Washington state.

A Deeper Dive: Alex Macedo, chairman of Authentic Restaurant Brands, joins the podcast to talk about acquisition and expansion plans.

Florida-based Starboard Group sought debt protection for its Wendy’s restaurants. It is the latest in a series of restaurant companies to take that step.

Limited-service menu prices rose 6.2% over the past year, according to new federal data, and continue to rise at a rate much faster than overall inflation.

Investment firm General Atlantic has agreed to take a majority stake in the global coffee, juice and sandwich chain with plans to expand franchising.

The Bottom Line: The fast-food chain introduced the product in August and, according to its largest franchisee, the product has sold well. But it’s also simple to operate.

SouthRock Capital, a major food and beverage operator in the country, had its master franchise agreement with Subway terminated after less than a year and lost its license to operate Starbucks.

Operators of restaurants on the RB Top 100 Independents ranking are thriving once again as consumers splurge and celebrate.

The Bottom Line: Burger King operator Carrols, Cava and Wingstop were the big winners. But there were plenty of concepts that would rather have that one back.

  • Page 46