Forbes: Yum! Brands posted an increase in third quarter earnings late Tuesday. Profits totaled $357 million, or $0.74 per share, compared to $334 million, or $0.69 per share, in the same quarter last year. Revenue at the parent of Taco Bell, Pizza Hut, KFC and other fast food chains rose about 3%, to $2.86 billion. […]
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FranchiseWorks.com: Today, restaurant franchise Wingstop announced same store sales for the third quarter are up 1.9 percent over the same quarter last year and 1.7 percent for the year to date. That marks 29 consecutive quarters of positive comparable store sales – more than seven years of continued growth – for the 460-unit chicken wing
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Blue MauMau: A bill has been introduced into the House and now the Senate that financially assists franchisors with tax credits for selling franchises to veterans. In June of 2009 House Representative Aaron Schock (R-IL) and Rep. Leonard Boswald [D-IA] introduced the Help Veterans Own Franchises Act (H.R. 2672). The act aims to change the
Congress To Subsidize Selling Franchises To Vets Read More »
iNews Connect: Planet Fitness, whose low-price gyms have struck a chord with consumers and revolutionized an industry once dominated by big-box health clubs, reached agreement today with GE Capital on a million credit facility that will help fuel the franchise company’s expansion. The facility may be increased to million under certain conditions. “Because of GE
Planet Fitness Gets $50 Million From GE Capital To Fuel Growth Read More »
‎Franchising.net.au: Food franchise Cookie Man has gone into liquidation and is up for sale as a going concern after the Allied Brands-owned business was served a winding up order by the NSW Supreme Court. Peter Hillig of Smith Hancock has been appointed liquidator and told Franchising a Cookie Man creditor with an upaid debt applied
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Online Athens: Athens-based Barberitos Franchising Inc., reported strong sales growth for both the first and second quarters of this year compared to last year. Sales figures for the franchise chain’s 22 locations reflected a 5.61 percent increase in same-store sales from the first quarter to the second quarter this year and a 3.09 percent jump
Barberitos Reports Sales Growth For Year Read More »
Helium: More and more people are now starting to think that owning and operating a franchise business is one of the surest ways to become successful. Furthermore, people think that franchising opportunities is a passport to vast riches. While it may be true to some extent, franchise businesses still require a lot of hard work
Understanding Why You Need To Pay A Franchise Fee For Your Franchise Read More »
Bizjournals.com: The economy has taken a bite out of the Mr. Food No-Fuss Meals store concept. While franchisees are still open in Coconut Creek, Melbourne and Buffalo, N.Y., the Fort Lauderdale location, at 5975 N. Federal Highway, is planning to close Oct. 2. The Fort Lauderdale franchisee sent an e-mail to customers that said: “Dear
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Wisbusiness.com: Opening a small business in Wisconsin just got a little easier, thanks to Fantastic Sams franchise discounts for new salon owners throughout the state. For a limited time, new Fantastic Sams franchise owners in Wisconsin will receive 50 percent off the initial franchise fee as well as 50 percent off their initial inventory of
Fantastic Sams: Reduces Cost Of Investment For New Franchisees In Wisconsin Read More »
Zacks.com: Benihana Inc. announced its first quarter 2011 earnings of 8 cents per share, which missed the Zacks Consensus Estimate of 10 cents, but soared 60% from a year-ago quarter’s 5 cents. Results reflect the benefits of the Benihana Teppanyaki Renewal Program, which the company initiated in 2009 to improve the dining experience for the
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