February 2011

McDonald’s Franchise Owner Sentenced In Payroll Tax Case

Bizjournals.com: A Minnesota man and McDonald’s franchisee was sentenced in federal court Tuesday for failure to pay $627,437.41 in federal employment taxes, the U.S. Department of Justice announced. Stephen John Kopel, co-owner, president and chief executive of S&P Foods, Inc., deducted employment taxes from employee wages but failed to pay those taxes to the IRS […]

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McDonald’s No Match For KFC In China As Colonel Rules

Bloomberg: On the edge of Tiananmen Square, just across the street from Mao Zedong’s tomb, He Yingying munches on a piece of chicken and gazes at the benign-looking figure beaming down at her. “We love him,” she says, bursting into an impish smile. The 21-year-old student from Beijing’s Capital University of Economics and Business isn’t

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Dunkin’ Donuts Announces Two New Restaurants In Chicago, IL With Existing Franchisee Sam Patel

PR Newswire: Dunkin’ Donuts, America’s every day, all-day stop for coffee and baked goods, announced today the signing of a multi-unit store development agreement with Sam Patel for two restaurants in Chicago, Illinois. The first restaurant opened in December 2010 at the University of Illinois at Chicago, and the second location will open this year

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Restaurant Wars Push Fuddruckers Franchisee To Buy Burgers At Costco

Wall Street Journal (blog): A duel between the new owner of the Fuddruckers chain and a former franchisee has taken a turn for the dramatic, with the latest alleged punch forcing three of the restaurants in question to turn to Costco for survival. Luby’s Inc., which last year purchased the hamburger-restaurant chain out of bankruptcy,

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Sports Marketing Firm Inks Connecticut Franchisee

Dayton Business Journal: A Dayton-area sports marketing company has signed its 11th franchisee. On Tuesday, Sports Image announced Katie Klein of Fairfield, Conn., purchased the Fairfield County territory, which contains several of the largest cities in Connecticut. Miamisburg-based Sports Image focuses mainly on high school and youth sports programs, brokering sponsorship deals with local, regional

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Midas Closes Northern Nevada Outlets, Terminates Agreement With Franchisee

Reno Gazette Journal: Five Midas stores in Northern Nevada and one in Northern California recently lost their franchises and were forced to close their doors. Two of the six Midas stores are in Reno. All of the outlets are owned by Mallard Group Ltd. “That would have been in mid-December,” said Bob Troyer, director of

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Ritter’s Frozen Custard Franchisees Re-Opening Stores

Indianapolis Business Journal: Ritter’s Frozen Custard, a once-promising locally based chain that struggled to grow too quickly, is enjoying a rebirth of sorts under new ownership. At least four Ritter’s stores in the Indianapolis area have either opened or are set to reopen in the same locations where Ritter’s premium ice cream once was served

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Sir Speedy And PIP Named Allstar Franchises From AllBusiness.Com

Quick Printing: Franchise Services is pleased to announce that two of their franchise brands, Sir Speedy and PIP Printing and Marketing Services, recently ranked on the AllBusiness.com AllStar Franchise 300 list. Both companies are printing and marketing services franchise networks. PIP achieved an overall rank of 274 and Sir Speedy ranked number 290. The Top

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