TL;DR
Franchising is experiencing a growth phase in unit count, system-wide revenue, and new brands. Several brands have announced unit growth, investments, and expansions, including Flynn Restaurant Group, HuHot Mongolian Grills, and Captain D's.
The good news: Despite ongoing external threats to the business model, franchising is experiencing a remarkable growth phase – not only in unit count and system-wide revenue, but also in the number of new and emerging brands. The bad news: It’s harder to keep up with all the good news! That’s a nice problem to have – and why we’ve brought back our “Good News!”
roundup of selected news items on unit growth, investment and financial developments, international expansion news, refranchising, and milestones attained by franchisors large, medium, and emerging. Here’s your chance to follow the leaders, every third Tuesday of the month. So if you’re not doing it already, send us your good news here.
New Units/Growth/Expansion Flynn Restaurant Group Buys 34 Paneras, Reaches 881 Units HuHot Mongolian Grills To Add 9 Locations, 700 Jobs in 2017 Mamoun’s Falafel Signs 6-Unit Deal for Atlanta & Athens, Georgia Financial/M&A Panera Shareholders Approve $7.5 Billion Sale to JAB Holding Axum Capital Partners Acquires 55-Unit Back Yard Burgers NRD Capital Management Closes on $104 Million Second Fund Big Plans, Big Dreams Great Harvest Bread’s Hub-and-Spoke Model Spurs New Expansion Captain D’s Picks American Development Partners To Speed Growth International Blaze Pizza Inks 100-Unit, 11-Year Middle East Deal with M.H.
In this story
This story was originally published by Eddy Goldberg in Franchising.com on July 16, 2017. Burnaze summarizes and links to the original reporting.
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