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But it wasn’t quite so bad for fast-casual concepts , which outpaced other categories with 9% growth in 2024, according to Technomic. Fast-casual chicken chains, including Dave’s Hot Chicken, saw double-digit sales growth, while fast-casual pizza continued to falter. By Heather Lalley on Jun.
The private-equity firm owns a controlling stake in Fitzpatrick’s former company Driven Brands, which owns auto repair franchises like Maaco, Meineke and other brands. The entirely franchised brand has closed nearly 8,000 domestic locations over the past decade, more than any other U.S. By Jonathan Maze on Jul. system sales declined 3.8%
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. million. .
Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. ” Samira Shariff brings nearly 40 years of experience building successful restaurant brands in Alberta as a multi-unit franchise owner and operator in Edmonton.
Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Coolgreens just turned 10 and is looking towards its future: the company has a goal of opening a total of 150 corporate and franchise locations within the next five years.
Founded in 2012 by Allison and Ivan Chavez, Sweet Paris Crêperie is one of the hottest and fastest-growing restaurant brands in Houston, Texas with its Instagram-worthy, French-inspired interiors and delicious food and drinks made with high-quality ingredients.
MRM's Franchise Feed features news on the restaurant franchise and MUFSO landscape. ” “This is historic for our brand,” said Brooks Speirs, vice president for franchise development. A Deal to Taco ‘Bout. Taco John’s International Inc.
In this episode of The Main Course , host Barbara Castiglia speaks with Micha Magid, co-CEO of Mighty Quinn’s BBQ, a NY-based Authentic barbeque experience in a fast-casual setting. Along with his brother-in-law, Chris Gourmos, and pitmaster Hugh Magnums, Magid launched Mighty Quinn’s in December of 2012.
This is a game changer in quick-serve and fastcasual restaurants." It syncs with existing restaurant POS systems to make onboarding fast and convenient. ” Nick Hucker, CEO, Preoday, commented: “Since 2012, we have been working with leading global venues, contract caterers, restaurants and industry partners.
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After brothers Richard and Maurice McDonald signed over the rights to their company to franchise agent Ray Kroc in 1961, they forfeited the right to their name. In 1971, the building where fast food was born was demolished and turned into an unofficial museum for the chain by restaurateur Albert Okura. and Canada.
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