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Restaurant Franchising: 10 Essential Performance Metrics For Consistent Group-wide Profitability

Apicbase

It’s a giant leap from running a handful of locations in-house to franchising your restaurant. This article lists ten crucial restaurant franchise metrics. Owning a franchise means collaborating with multiple independent business owners. 10 Key Metrics Restaurant Franchises Should Focus On And How To Improve Them.

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Restaurant Loyalty Programs to Boost Revenues

Cheetah

3 rd party delivery apps, ghost kitchens and privately owned franchises are all fighting for the same market share. What’s more, advertising deals about non-core products, like restaurant merchandise and swag , boost alternative revenue streams. In the world where consumers are bombarded by options, competition is fiercer than ever.

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Cuisine Solutions Collaborates with Taffer’s Tavern Founder and CEO Jon Taffer for New Restaurant Venture

Sante

Virginia-based Cuisine Solutions (CSI) has recently been tapped to assist with menu development, as well as kitchen design for the upcoming Taffer’s Tavern franchise. Therefore, he developed a menu based on the technology. Jon Taffer with Cuisine Solutions and CREA Team Members; Photo Credit: CSI / CREA. About Jon Taffer.

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Coffee News Recap, 9 Dec: Jibbi Little wins 2022 World AeroPress Championship, EU agrees to ban coffee and other imports linked to deforestation & other stories

Perfect Daily Grind

Last year, the food and coffee-to-go chain announced it would use franchise partnerships to double the size of the company over the next five years. Luckin Coffee plans for rapid franchise expansion in China. Jamaican stores will be operated by new franchise partner Restaurant Associates Limited. billion by 2027, growing by 7.6%

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MRM Research Roundup: Mid-December 2020 Edition

Modern Restaurant Management

“It’s encouraging to see consumers continue to rally and support local businesses, with many planning to purchase merchandise, specialty items and gift cards as holiday gifts.” 22 percent of customers are looking to buy restaurant merchandise. 24 percent of people are interested in gifting signature sauces.

2020 167
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El Pollo Loco’s Pledge and techtown Refresh

Modern Restaurant Management

Green Rabbit secured a $31 million minority investment from Guidepost Growth Equity, a leading growth equity firm focused on high-growth technology companies. ” Hoffmann comes to A&G after serving as Vice President of the Franchise Finance Group at CIT Bank in Chicago. .” Green Rabbit Secures Funding. in Chicago.

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2024 Outlook: Restaurant Trends and Challenges, Part One

Modern Restaurant Management

We've reached a point where we're recognizing the value and limits of these technologies. In 2024, we anticipate a continued evolution, where technology and sustainability will play pivotal roles in reshaping the culinary experience. The impact of these technological shifts is multifaceted.

2024 197