KXXV News Channel 25: One of the world’s largest franchising companies based in Waco has sold. The Dwyer Group, valued at $150 million, provides a variety of service-based franchises like Mr. Electric, Mr. Rooter, and Rainbow International. They also own and operate 37 full-service glass stores in Maine, Vermont, and New Hampshire. It is sold […]
Waco Based Franchising Company Sold To Investor Group Read More »
Trefis: McDonald’s competes with Wendy’s, Burger King and Yum! Brands in the fast food market and is the market leader with about 19% share. The company also competes with Starbucks in the specialty coffee market. McDonald’s owns and franchises restaurants across the globe with 32,478 restaurants in 117 countries as of 2009. Of these 26,216
Can McDonald’s Stock Gain From Healthy Food Initiatives? Read More »
Business Wire: GE Capital, Franchise Finance provided $10.5 million in financing to Wendy’s® fast food franchisee, Legacy Restaurant Group, LLC. The facility will be used to refinance existing debt. Financing was provided through the GE Capital, Franchise Finance bank affiliate, GE Capital Financial Inc. “Our strong working relationship with Legacy Restaurant Group made a big
QSRmagazine.com: Credit flowed so freely before the recession that people in the restaurant industry often use hyperbole to describe how easy it was to get financing before the collapse. “I could have gotten my dog a loan three years ago,†says Paul Steck, president of Saladworks. “The perception was, anyone who can breathe can borrow,â€
Where’s The Money Now? Read More »
The Franchise Magazine: In just two months since taking over an existing Dream Doors franchise, former salesman Darren Senior has already gained a turnover of £100,000. The turnover Senior gained in two months is half of the figure the previous franchise owner had made in a year. Now that his business is gathering pace, Senior
Franchise Owner Gains £100,000 Turnover In 2 Months Read More »
LubbockOnline.com: Brownfield-based fast-food franchisee Rodney Warren has offered $318,000 for the lone remaining Zoo-kini’s restaurant, in Abilene, in a process that could take into late January to complete. The price was named in documents related to Tuesday’s Chapter 11 filing for Zoo-koncepts, the Lubbock-based corporate parent of Zoo-kini’s. The corporation, part of admitted swindler Benny
Warren Offers $318000 For Lone Zoo-Kini’s Restaurant Read More »
Rentman Software: Estate agent franchise business Winkworth has unveiled a remarkable success story for this year – increasing its sales volumes and revealing that it wants to go on a buying spree. The firm is on target to beat its full-year profit forecasts after growing revenue by 20% in the first nine months. This is
Winkworth Defies Market As Revenues Rise 20% Read More »
Franchising.net.au: If the supply costs in the franchise agreement and disclosure document appear too high or unreasonable, the best course of action for a prospective franchisee is to talk to the franchisor. Try to remember that it is in the best interests of the franchisor to see your business succeed. You should try to arrange
What Happens If My Supply Costs Are Too High? Read More »
Sydney Morning Herald: The owner of some of Australia’s best known fast food chicken brands has seen sales from company-owned stores fall due to conversion of many of its stores to franchises, although total sales have increased. Quick Service Restaurant Holdings, which owns the Red Rooster, Chicken Treat, Chooks, and Oporto brands, and has about
Red Rooster Drops In The Pecking Order Read More »
Wall Street Journal: Financing for restaurant operators still shows signs of gridlock, as large lenders are only lending to franchisees that emerged from the downturn relatively unscathed, leaving the bulk of the operators struggling to access capital to expand, remodel stores or upgrade equipment. The environment sets up a dynamic where the rich get richer,
Lending For Some Restaurant Operators Still Gridlocked Read More »
