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Financing

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

Financing

California throws a wrench into restaurants' value strategies

 By Jonathan Maze on Apr. 01, 2024

The Bottom Line: The restaurant industry has a traffic problem and consumers are fretting about prices. But the $20 fast-food wage in California makes it difficult to market any kind of value.

Financing

California cites I Heart Mac and Cheese for franchise violations

 By Jonathan Maze on Mar. 29, 2024

The state said that the fast-casual restaurant chain of customizable macaroni and cheese bowls failed to provide proper disclosures on its franchise documents. It’s the second state to take action against the business.

Financing

Restaurants have good reasons for not turning cartwheels over the credit-card deal

By Peter Romeo on Mar. 29, 2024

Working Lunch: The offer from MasterCard and Visa doesn't look so good when you dive into the details.

Financing

Big Macs aren't McDonald's real inflation story. Instead, look to the Cheeseburger

By Jonathan Maze on Mar. 29, 2024

While the focus on restaurant menu price inflation has centered on premium items like the Big Mac, it’s in the smaller items, with fewer deals available, where prices have increased most.

Financing

Bob Evans puts itself on the market

By Jonathan Maze on Mar. 28, 2024

The family dining restaurant chain has hired an investment bank to look for a buyer, after having considered a sale in 2022.

Financing

Minor league baseball players indicted for insider trading on the 2022 Del Taco sale

By Jonathan Maze on Mar. 27, 2024

Jordan Qsar, Grant Witherspoon, Chase Lambert and Austin Bernard were accused of trading stocks after learning that the Mexican restaurant chain would be sold to Jack in the Box.

Financing

In the Benihana deal, a sign of the restaurant M&A times

By Jonathan Maze on Mar. 27, 2024

The Bottom Line: The venerable Japanese steakhouse chain fetched a modest multiple in its sale to The One Group. But that’s where values have fallen these days.

Financing

How to modernize a 50-year-old pizza chain

By Jonathan Maze on Mar. 27, 2024

A Deeper Dive: This week’s episode of the RB podcast features Tom Sacco, CEO of the Iowa-based pizza chain Happy Joe’s, on adapting the brand for today’s restaurant diners.

Financing

Benihana deal makes The One Group one to watch in full-service dining

By Joe Guszkowski on Mar. 27, 2024

Acquiring the 86-unit teppanyaki chain will make the owner of STK and Kona Grill a $1 billion company. And it's just the beginning of an ambitious long-term growth plan.

Financing

McDonald's adds doughnuts, and some uncertainty, to the menu

By Jonathan Maze on Mar. 26, 2024

The Bottom Line: Krispy Kreme gets a massive win with its McDonald's doughnut deal. But the payoff is less certain, and a long way off, for the fast-food restaurant chain.

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