acquisitions

Financing

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

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

Financing

Companies face a tough lending market as their debt comes due

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.

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

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.

The private equity firm is backing a three-unit upscale concept founded by the former CEO of Bravo Brio Restaurant Group.

The privately held sandwich giant has reportedly hired advisers to explore a sale. It would attract a wide range of potential buyers.

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.

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.

Darden Restaurants signaled its interest in adding a 10th concept. It most recently acquired Cheddar’s Scratch Kitchen in 2017.

The Bottom Line: The owner of Twin Peaks, Johnny Rockets and Fazoli’s has shifted its attention to more targeted acquisitions and could spin off or sell some assets.

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