acquisitions

By Jonathan Maze on Jan. 31, 2023

The Bottom Line: Eight years after Darden sold the seafood chain, it is closing locations, talking about a “turnaround” and seeking rent concessions.

Financing

Bad Daddy’s parent buys 5 units from partners for $4.4M

By Joe Guszkowski on Jan. 30, 2023

Good Times Restaurants now owns all of the 41-unit burger bar’s traditional locations.

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Financing

Companies face a tough lending market as their debt comes due

By Jonathan Maze on Jan. 26, 2023

The Bottom Line: Rising interest rates and a weak M&A market could prove troublesome for companies looking for an out from their debt troubles.

Financing

Checkers, citing inflation, looks to refinance its debt

By Jonathan Maze on Jan. 24, 2023

The operator of drive-thru restaurants has reportedly hired advisers to help it restructure its debt, which comes due next year.

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Financing

Subway wades into a difficult M&A market

By Jonathan Maze on Jan. 12, 2023

The Bottom Line: Sale processes like the one the sandwich giant is apparently planning do not come very often. That doesn’t mean a sale is a slam dunk. And $10 billion may be tough to get.

Financing

Behind Cava Group’s conversion of Zoe’s Kitchen restaurants

By Jonathan Maze on Jan. 11, 2023

A Deeper Dive: Brett Schulman, CEO of Cava Group, joins the podcast to talk about a wide range of topics, including its rapid expansion thanks to its acquisition of Zoe’s Kitchen.

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10 takeaways from the ICR Conference

By Jonathan Maze and Joe Guszkowski on Jan. 11, 2023

More acquisitions, slowing food costs, omnichannel business models and evolving loyalty programs all featured prominently in operators’ presentations during the three-day event in Orlando.

Financing