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In a recent report shared by TouchBistro on the State of the Restaurant Industry for 2025, data provides key insights into a year marked by both significant hurdles and notable resilience for the restaurant franchising industry and quick-service restaurant (QSR) operators.
So much data is generated at every point within a restaurant, whether fastcasual or fine dining. The quicker businesses can feed that information back into operations, the better, whether for personalized dining, staffing optimization, or advertising and marketing. Data, Data, Data.
Laws governing alcohol consumption must always be observed, and hospitality businesses must remain informed of current rules and regulations. Single restaurant proprietors and large franchise chains alike utilize SALIDO’s enterprise-level solution to revamp traditional and outdated operational systems. NAB Acquires SALIDO.
MRM Franchise Feed features the latest news in the restaurant and MUFSO franchising landscape. " Part of Famous Brands International, TCBY first opened in 1981 in Arkansas and currently has 250-plus franchise locations worldwide. ” Franchise opportunities remain in areas across the U.S., Happy Birthday, TCBY.
Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Flynn now owns and operates a combined total of 2,355 quick-service, fastcasual and casual dining restaurants, generating $3.5 Flynn Acquires Hefty Portfolio.
Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. In addition to virtual kitchens meeting lower labor costs, they also offer a fast-track to opening, with a location able to begin serving in just one month. Virtual Barbecue Pit.
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.
With all the trouble the pandemic has given the restaurant industry these past couple months, you might be surprised to hear that restaurant franchising opportunities have never been stronger. Up-and-coming restaurants like Fajita Pete recently announced it will triple locations from their new franchise deals (2). UNSTABLE WORKFORCE.
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.
The New Jersey-based fast-casual chain has been acquired by private-equity firm Thompson Street Capital Partners, the company announced Wednesday. Bubbakoo’s started franchising in 2015, and the chain has grown into 15 states, mostly on the East Coast and Midwest. By Lisa Jennings on Jun. By Lisa Jennings on Jun. Sign up here.
This heightened awareness will drive consumers to actively seek information and make informed decisions to ensure their well-being. As the demand for robotics increases, solutions like franchising and bringing robots closer to home will augment market growth and penetration. How was the food sourced or produced?
Recognizing this shift, Freshii , a fast-casualfranchise with hundreds of locations globally, created a corporate partnership that enables companies to offer meal kits and market baskets at a discount to their employees. For more information, visit Oracle's COVID-19 resource center.
Consider a large Mexican fast-casual chain that implemented a tuition coverage program for employees pursuing degrees in fields like agriculture, culinary arts, and hospitality. In response, the company developed a new initiative aligned with its corporate culture and offering technical flexibility to accommodate individual franchises.
Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Tropical Smoothie Cafe signed two multi-unit franchise agreements to develop 38 new cafes across the state of Colorado, including a 27-unit deal and an 11-unit deal. . "My
Quick service and fastcasual segments continue outperforming full-service restaurants by a very wide margin. By June, the median company in quick service and in fastcasual had increased their number of hourly employees per location compared to their pre-pandemic staffing levels. How Is Casual Dining Doing?
Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. MOD Super Fast Pizza Holdings, LLC expanded its development agreement with Best Pizza, LLC, their exclusive franchisee in Colorado. New App for Wahlburgers. top photo.
The National Restaurant Association’s State of the Industry Report found 46 percent of family-dining and fine-dining restaurants added delivery options between March and December 2020, along with 44 percent of casual-dining and fast-casual restaurants. So what’s next? Will these habits stick?
To the future and franchising ?? Canyons is currently working on franchising to bring Canyons’ friendly brand of fresh, fast-casual burgers, shakes, and salads to a town near you. It's unbelievable the information that we get out of 7shifts and the value that it brings to our organization,” says Crumpton. “If
Gen Z prefers quick service and fastcasual restaurants, according to Piper Sandler’s Taking Stock with Teens semi-annual surveys and other recent research. a leading freshly brewed beverage brand with over 1,400 franchise locations worldwide, Chatime recognizes Gen Z as its fastest-growing customer base.
This trend reflects the growing popularity of drive-thru and fast-casual dining, coupled with the demand for digital technologies such as QSR digital signage and QR codes. 2024 could be a breakout year for fastcasual restaurants. "2023 has still been less predictable than we would have hoped for.
This better, smarter use of technology to keep customers informed also helps with ordering and planning. Getting all of our operations teams (including unit managers and kitchen managers) on calls 2-3 times a week to keep the information flowing both ways was the most critical component for us to execute our plan.
As the owner of a food establishment, this is very valuable information to you. Technology-enabled franchises are better positioned to continually evolve to meet guests’ changing expectations. In the short term, it’s QSR that will experience labor improvement, then fast-casual. Suzannah Gerber of Haven Foods.
The restaurant industry is evolving fast—and at the heart of this transformation is new restaurant technology. We feel people will retain information much better if they’re able to engage and interact in a meaningful way,” says Jen Denis, a chief brand officer of Honeygrow. Several franchise restaurants are already using them.
percent in the first week of January across fastcasual and quick service restaurants in the UK as compared to the first week of December. ” One way chefs and restaurateurs can gather information on growing a plant-based menu is through continued education. Phoenix Saute.
Here are some of the most noteworthy restaurant conferences and events to attend, as well as some information to help you decide which ones are the best for improving your restaurant business. Restaurant Franchising and Innovation Summit. Website: Restaurant Franchising and Innovation Summit. FastCasual Executive Summit.
Brooklyn Dumpling House just opened and they're already franchising the idea. Concepts that captured strong market share like fastcasual chains will continue to outpace growth in full service locations. When you come for pick up, you are designated a "locker" and code. Smaller menus in general.
FastCasual Restaurants. Fastcasual restaurants, also known as fast food or quick service restaurants, involve ordering at a counter or doing some level of self-service. Although factors like franchise affiliation may affect profit margins, fastcasual restaurants typically have an average profit margin of 6-9%.
Management companies provide restaurants with a franchise like operating system without having a franchise agreement. With our customized team approach and decades of industry experience, Goliath Consulting is ready to handle every concept from fastcasual counter service to full service fine dining.
The secure, fast and easy SaaS application gathers, consolidates, standardizes and verifies financial data from all points in a franchised system. metiRi is the automated answer, with an easy-to-use solution for aggregating, benchmarking and evaluating financial information across the organization.” RMS Launches metiRi.
In the latest episode of the Hospitality Hangout podcast, Michael Schatzberg “The Restaurant Guy” and Jimmy Frischling “The Finance Guy” sit down with Kimberly Grant, the co-sponsor and chief strategy officer at FAST Acquisition Group, to explore her rise in the restaurant industry, and what lies ahead for FAST.
After nearly three years of proceedings, the General Counsel and McDonald’s USA, LLC presented a series of informal settlement agreements resolving all the alleged unfair labor practices. HOP® Restaurants announced plans to launch Flip’d by IHOP™, a new fast-casual concept in the U.S., Charlie Jeffers.
With escalating costs, persistent labor challenges, and operational inefficiencies eating into already thin margins, restaurant brandsparticularly enterprise fastcasual and QSR chainsneed solutions that deliver immediate value and impact. Employing 15.5 The stability and reliability is phenomenal."
The majority of fast-casual and fine dining operators are meeting this challenge head-on by adding new offerings monthly,* driving increased competition with bar-and-grill operators. Borrow strategically with forecast data to inform funding decisions. " The TWO HENS monthly license fee is $249.
“Fast food options usually fall into two buckets: fast, healthy, and unaffordable, or fast, unhealthy, and affordable and nothing in between. No personally identifiable information is tracked or recorded on any individual. For more information on Reach for the Stars, click here. Pared in Philly.
Priorities will vary based on restaurant type (quick service, fast-casual, fine dining, or even more specialized), and one size does not fit all. POS for Restaurant Franchise Management. Centralized, cloud-based access to all of your business data is essential for efficient franchise management. Fast-Casual POS.
Fast Food Restaurants. They are traditionally what consumers call fast food. Fast food is prepared and served quickly and inexpensively. If you’re hungry, in a hurry, and have only five dollars in your pocket, you might stop at a fast-food restaurant for a burger and a soda. FastCasual Restaurants.
1) FastCasual. Fastcasual restaurants cater to customers looking for an option that is relatively quick but is healthier than fast food and more affordable than a casual dining establishment. 2) Fast Food. The fast food restaurant concept attracts diners because of its price, convenience, and speed.
Additional features include nutrition information displays and a self-service kiosk mode, which improve customer experience while speeding up the ordering process. Business Benefits Lightspeed’s detailed reporting tools offer insights like top-selling items and peak business hours, helping you make informed decisions.
Customers are looking for businesses that understand their fast-paced, busy lifestyles, and the restaurant industry has a lot to gain by integrating new technologies quickly. Types of Restaurants that Should Adopt It: The types of restaurants that should integrate pay-at-the-table hardware are fastcasual and casual dining establishments.
Informing stakeholders of the food waste reduction recognition programs currently available at each respective agency. "We are excited to partner with Bite Squad and Waitr, bringing their services to many of our company and franchise locations in 2019 and 2020," said Checkers & Rally's Director of eCommerce Josh Buchmann. "This
This guide will give you all the information necessary to calculate this number and maximize your profit margins. . Restaurant Revenue Per Square Foot: Fast-casual Restaurants Vs Other Restaurants . Top fast-casualfranchising restaurants outperform restaurants in other sectors with an average of $505 per square foot.
Franchising is a time-tested business model that allows restaurant owners to scale their business fast and efficiently. In this post, we are NOT exploring the benefits of a restaurant franchise. We’ve included those at the bottom of the page to give you a complete picture of the risks of franchising your foodservice brand.
Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. Dave’s Hot Chicken is spicing up its 2021 franchise development strategy. Two of the nine franchise locations in Mexico are slated to open in 2021. Modular Chicken.
Even the state of the broader economy has an impact on the decision, with Franchise businesses tending to do better than independently owned businesses when the economy is doing poorly. Do you buy a Franchise or an Independent Business? A Fast-Casual? Do you start a Restaurant from scratch, or buy an existing Restaurant?
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