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Friendly’s Will Sell to Investment Group for About the Price of a Brooklyn Brownstone

EATER

The 85-year-old chain intends to sell its assets to Amici Partners Group, an investor group affiliated with Brix Holdings, the restaurant company behind Red Mango, Smoothie Factory, and other franchises. Restaurant Business reports that the selling price will fall just under $2 million.

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MRM Franchise Feed: Bad Ass Gets Bigger and New Prototype for Bagel Boss

Modern Restaurant Management

MRM's Franchise Feed provides the latest news in restaurant and MUFSO franchising. Subway® announced significant expansion in India, Sri Lanka and Bangladesh, as the company signed a master franchise agreement with Everstone Group (Everstone), a South Asia focused leading private investment firm.

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Cocoberry Creates A Loyal Customer Base With Its Unique Product Line

The Restaurant Times

By the end of 2021, we’ll be opening 20 more new outlets, half of them will be company-owned, while the other half will be franchise-owned. We don’t go to any sort of franchise events. The brand started in 2011. That’s my vision for the company right now. I would start with North India.

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All Hail the Halal Fried Chicken Shop

EATER

It’s not uncommon to see laminated menu posters labeled Crown Fried Chicken or New York Fried Chicken inside a Kennedy or vice versa, and veteran owners are quick to share sourcing and pricing information. Zia opened Kennedy Fried Chicken in 1975; he used Bullard’s business model, but he sourced all halal ingredients and lowered prices.

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The Good and the Bad of Singapore’s New Hawkerpreneurs

EATER

Since Sai took over her father’s stall, Coffee Break, in 2011 at the popular Amoy Street Food Centre, she and her siblings have been selling the same traditional Nanyang kopi (coffee) made from dark robusta beans. He eventually hopes to franchise the concept and turn Ashes Burnnit into a nationwide chain.

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Samer Hamadeh Of Akiba Dori On Making A Brand That People Love

The Restaurant Times

In 2011, Samer decided it was time to venture into a new domain and explore the world of hospitality, something he had always been interested in. So he took the seven years of entertainment experience alongside his solid social network and launched the now critically acclaimed nightlife brands Republique (2011) & Stereo Arcade (2015). .

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MRM Franchise Feed: Kitchen of the Future, Restaurant Sherpas and Dunkin’ Hirin’

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Send news to Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. ” Taffer's Tavern Inks Multi-Unit Deal. metro area.

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