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Financing

How your restaurant sales and profits compare to competitors' and what you can do to improve financial performance

Financing

BurgerFi gets funding to get through bankruptcy

 By Lisa Jennings on Sep. 17, 2024

Operations will continue at the 144 restaurants as the parent company works through restructuring. But the chairman of the board resigned.

Financing

Craveworthy Brands takes full ownership of Dirty Dough

 By Lisa Jennings on Sep. 17, 2024

After taking a smaller bite of the cookie chain earlier this year, the multi-brand Craveworthy will become sole owner with an equity swap.

Financing

Want your franchisees to get on board with discounts? Give them a break on remodels

By Jonathan Maze on Sep. 17, 2024

The Bottom Line: Franchisors want their operators to cut prices and run deals. They’d get further along if they delayed remodel requirements or other costs.

Financing

It's a buyer's market, but Andy Wiederhorn is (so far) staying on the sidelines

By Jonathan Maze on Sep. 16, 2024

The Bottom Line: Restaurant chains are available at historically low prices if you know where to look. But the typically aggressive chairman of Fat Brands is not buying.

Financing

Hawkers Asian Street Food declares bankruptcy

By Heather Lalley on Sep. 16, 2024

The 15-unit casual-dining chain was founded in 2011 and serves a varied menu of Asian dishes and cocktails.

Financing

Two more small restaurant chains declare bankruptcy

By Jonathan Maze on Sep. 15, 2024

Mary’s Pizza Shack and Red Bay Coffee Company, both based in Northern California, filed for federal debt protection last week.

Financing

MOD Pizza's new owner plans to refranchise its company-owned restaurants

By Lisa Jennings on Sep. 13, 2024

Elite Restaurant Group said it has hired a specialist to assist with a comprehensive effort to sell locations nationwide to franchise operators.

Financing

At Olive Garden, signs of a stronger consumer

By Joe Guszkowski on Sep. 13, 2024

Traffic at the Italian casual-dining chain and its sister brands was positive for much of the summer, suggesting that value offers are working and customers are feeling more confident.

Financing

BurgerFi International blames rising costs for its bankruptcy filing

By Lisa Jennings on Sep. 13, 2024

Court documents indicate the Anthony's Coal Fired Pizza and BurgerFi brands may have separate bidders. And here's a list of locations closed in August and September.

Financing

Flynn Group buys more Panera cafes

By Lisa Jennings on Sep. 12, 2024

The world's largest restaurant franchise operator has acquired another 13 Panera Bread locations, bringing its total to 145 across nine states.

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