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Financing

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

Financing

Ruth’s Chris to return its PPP loans as feds update the rules

 By Jonathan Maze on Apr. 23, 2020

New federal guidance could require big, publicly traded companies to return their Paycheck Protection Program funds.

Financing

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

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.

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

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

Roark Capital buys a piece of Cheesecake Factory

By Peter Romeo on Apr. 20, 2020

The private-equity firm, which owns Arby's and Buffalo Wild Wings, has acquired 200,000 shares of preferred stock for $200 million.

Financing

Here’s how much restaurant sales fell last month

By Jonathan Maze on Apr. 20, 2020

The industry likely lost half of its sales in the second half of March, according to federal retail sales data.

Financing

Restaurants reveal problems with federal PPP loans

By Jonathan Maze on Apr. 20, 2020

Yet most of the chains that applied for the funds weren’t exactly megachains, and most of them had existing problems, says RB’s The Bottom Line.

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