Financing

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

Senate’s $320B PPP re-up draws restaurants' fire

By Peter Romeo on Apr. 22, 2020

Small-business groups applaud the reallocation, but question why the loan process wasn’t fixed.

The coronavirus shutdown isn’t stopping some from selling franchises

By Jonathan Maze on Apr. 22, 2020

Despite mass closures, some franchisors view the shutdown as an opportunity to find operators, even if it means giving strange history lessons, says RB’s The Bottom Line.

Financing

Little-known relief measure brings chains millions in aid

By Peter Romeo on Apr. 22, 2020

A change in depreciation schedules has entitled Chuy’s to a $3 million tax refund. Chipotle will also be a beneficiary.

Financing

Kura Sushi says it will return its PPP funds

By Jonathan Maze on Apr. 22, 2020

Amid scrutiny over large chains getting federal assistance, the revolving sushi concept will send back $6 million.

Financing

Top 500: Limited-service chains up their game

By Restaurant Business Staff on Apr. 21, 2020

The segment grew again in 2019, with leading chains continuing to focus on convenience via technology and third-party delivery.

Financing

With PPP fund dry, anger turns to banks

By Jonathan Maze on Apr. 21, 2020

Even as Congress considers new funding, lawsuits accuse lenders of favoring larger borrowers and their bigger fees.

Financing

Shake Shack returns its $10M PPP loan

By Heather Lalley on Apr. 20, 2020

After securing $150 million in new equity, the burger chain said it would return the loan money so “restaurants who need it most can get it now.”

Financing

Restaurants press Congress for $240B in industry-specific aid

By Peter Romeo on Apr. 20, 2020

The grants would be part of the National Restaurant Association’s Blueprint for Recovery, a direct-payment program that would be in addition to restarting the Paycheck Protection Program.

Financing