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Explaining Crumbl's franchise profitability

Restaurant Business

In April, we wrote about Crumbl , and a strange anomaly in its franchise disclosure document, showing that while average profitability per store was up, median profitability was down. The chain was established in 2017 and grew rapidly through franchising. By Jonathan Maze on Jul. Photo: Shutterstock. By Jonathan Maze on Jul.

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How Cracker Barrel chef Matt Banton is expanding the flavor portfolio

Restaurant Business

Click here to complete your profile Multimedia How Cracker Barrel chef Matt Banton is expanding the flavor portfolio Tyler Florence dishes on San Francisco and David Burke puts his pastrami to the test Happy Hour value and summer flavors The summer of spritzes The Latest Leadership Wendys names Pete Suerken president of its U.S.

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Friendly's owner Brix Holdings is acquired by a franchisee

Restaurant Business

Legacy owner Amol Kohli will become chairman of Brix, and the Brix leadership team, including CEO Sherif Mityas, will remain in place. I plan to take that to the next level in this new chapter of BRIX Holdings’ ownership to grow the size, scale and infrastructure for all our franchise networks and systems,” he said in a statement.

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How this entrepreneur's bagel runs became a business

Restaurant Business

But learning how to make his wife a great bagel ended up creating a business, Jeff’s Bagel Run, which now has 15 locations and is franchising. Wetherill took on about 50% ownership and they launched JBR Franchise Co., to franchise the bagel brand. I made a bagel for my wife, because she asked me to,” he said. They struck a deal.

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Farmer Boys mixes and matches its menu for a fresh take on the combo meal

Restaurant Business

Now he's readying the three-unit concept for franchise growth, saying this is how younger diners want to eat.

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Subway names Jonathan Fitzpatrick CEO

Restaurant Business

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. In its announcement, Subway noted that the company under his leadership had 17 straight quarters of same-store sales growth. system sales declined 3.8% last year, to $9.5

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Week in Review: Fast casual’s good year, Dave's gets sold, El Pollo Loco’s potential buyer and more

Restaurant Business

Premium Financing Franchising may put some restaurant chains at a disadvantage The Bottom Line: In the Applebee’s-Chili’s battle, it’s difficult to overlook the impact of the chains’ different business models on their ultimate results. Have consumers moved on?