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Profitability continues to be an elusive target for many businesses in the current U.S. economy — but not for food franchises, according to a new report by the Franchise Business Review.Based on a survey of 4,000 franchisees representing 84 brands across the franchise food sector, the study showed that food franchises increased profitability by an [...]
Jasper’s has expanded its national reach by opening two additional franchises, in Brighton and Chester. Jasper’s Brighton has been opened by Dutch-born Maarten van der Velde who spent 15 years managing luxury chalets and hotels in the Alps. He has also worked as Food and Beverage Director for Michael Caines’ Abode Hotel in Chester and [...]
No matter what the economic conditions, franchises in the food and beverages sector continue to be popular with those looking to invest in a successful business opportunity. As one of the oldest franchise sectors, the food and beverage industry now accounts for £30 billion a year in the UK. Not surprisingly, takeaways, coffee shops and [...]
BuscaTuFranquicia.com is pleased to report that registrations from Hispanic entrepreneurs who are looking to open a food franchise have increased compared to 2010 figures. Furthermore, food franchises all across the United States have seen growth during 2011. This is particularly true for fast food outlets wherein the target market are young and energetic people who [...]
Food franchises with “indulgent” menus are more likely to resonate with consumers in the current economic climate, an industry expert says, in light of Retail Food Group’s record profit. According to Jason Gehrke, director of the Franchise Advisory Centre, the entertainment category typically performs well during tough times because it provides a form of escapism. [...]
Multigrain and soy and linseed breads are replacing food franchise Sumo Salad’s white bread toasties and long rolls in an effort to offer Australians even healthier fast food options on the go. The healthy food franchise admits some customers may be disappointed by the change, but insists providing its overall customer base with more nutritious [...]
I’m all about people cooking for themselves. Buying exciting ingredients at the local Hy-Vee or Wal-Mart, and spending hours in the kitchen — it’s a beautiful thing. But sometimes I don’t want to cook or clean up a mess of dishes, pots and pans, and at those times, I take a good look at the [...]
Fried chicken has always been an essential part of American food. Today, with New York being the dynamic capital of globalization, a Korean fried chicken franchise called KyoChon has given fast food a new definition. KyoChon emerged as the pioneer fried chicken franchise in Korea about 20 years ago. Today, KyoChon has over 1,000 restaurants [...]
PITTSFIELD — The Pittsfield-based Hot Harry’s Fresh Burritos chain will open its seventh restaurant — its third in New York’s Capital Region — shortly before Christmas. The new eatery will be located in Glenmont, N.Y., and is expected to open by mid-December, said company President Samir Abdallah. The restaurant chain specializes in burritos, nachos, tacos [...]
Food franchises are taking to the road. A small but growing number of chains—such as Cousins Submarines Inc., Tasti D-Lite LLC and Toppers Pizza Inc.—are following in the tire tracks of those local food-truck businesses popping up on city streets around the U.S. Many brick-and-mortar eateries have added mobile units in recent years, and more [...]
Taco del Mar was auctioned in a bankrupcty sale Thursday, and the winning bid of $3.25 million came from a Connecticut company called Franchise Brands. A bankruptcy court judge still must approve the sale, said Les Winograd, a spokesman for Franchise Brands. He said it’s premature to comment on the firm’s plans for the brand. [...]
Retail food franchisors are best placed to win the perennial battle for top-class franchisees, with a new survey of prospective franchisees revealing a staggering 53% plan to go into food retailing franchises. The annual survey, conducted by mortgage broking franchise Mortgage Choice, also highlights a renewed sense of confidence among franchisees, with franchisors sure to [...]
McDonald’s Corp.’s same-store sales rose 4.9% in August from a year ago as U.S. sales continued to get a boost from its blended-frozen beverages. The world’s largest hamburger chain saw 4.6% domestic growth, aided by sales of its higher-margin smoothies and frappes. McDonald’s during July saw its strongest same-store sales growth since January 2009—7%—thanks in [...]
BOSTON, Aug 31, 2010 (BUSINESS WIRE) — UFood Restaurant Group, Inc. (UFFC 0.24, 0.00, 0.00%) announced today that it has signed an area development agreement with the Robinson Hill Hospitality Group of Chicago for additional UFood Grill units at 5 major United States airports. The development agreement follows the successful UFood Grill opening by Robinson [...]
Restaurant giant Subway has long touted itself as a healthier alternative to some other fast-food chains
California Pizza Kitchen Inc. said Friday a franchise partner has opened the chain’s fourth restaurant in South Korea. The 3,000-square-foot restaurant is in Seoul at Cheongyangri Station Mall. The store was opened by a franchise partner called Handuck Development. California Pizza Kitchen has 262 restaurants, 206 of them company-owned, and the rest operating under franchise [...]
Therese Evans was a franchisee of ice-cream retailer Wendy’s for six years. Evans and her husband built the franchise to the point where they were known in the Hunter Valley town of Singleton as “the pink people”. Last Wednesday night, Wendy’s ended a six-year relationship and locked the couple out of their business for a [...]
Retail Food Group, the retail food brand manager and franchisor behind such brands as Donut King, Michel’s Patisserie and Brumby’s Bakeries today posted a record profit for the group. Retail Food GroupRetail Food Group reported a 10.6 percent growth in Net Profit After Tax (NPAT) to $26 million up from $23.5 million the previous financial [...]
The results are in: Based on an Internet survey in which over 6,000 respondents chimed in, the well-known Zagat entertainment reviewing organization announced today that the lesser-known Five Guys restaurant franchise makes America’s best burger, according to MSNBC.com. Five Guys only has about 500 stores in the U.S. so this might be considered something of [...]
The Melting Pot, an American franchise restaurant known for its romantic fondue meals and cocktails, has opened its first Canadian franchise on Edmonton’s south side.
Subway, the US-based sandwich-shop chain, plans to open its first store in Vietnam in August
“It’s very difficult to run a franchise operation from a distance, it just is,” Braden says. “You end up just working on problems.”
Jack in the Box Inc. is counting on a free ‘grilled sandwich with purchase’ promotion to drive trial and boost the average check, company chairman, CEO and president Linda Lang told investors during the company’s first quarter earnings conference call Thursday.
Maui Wowi Hawaiian combines the best of both worlds – coffee and smoothies. The company serves premium Hawaiian Kona-blend coffee, espresso, cold blended coffee drinks, cappuccino, and healthy fresh fruit smoothies.
While Taco Bell isn’t the only fast food franchise to have jumped on the reduced-calorie bandwagon, it is one of the few to promote their low fat offerings so widely. However, the distinction for being the first chain to have a fast food weight loss spokesperson goes to Subway.
