TL;DR
Franchising is experiencing growth in unit count and system-wide revenue, with new and emerging brands emerging. Several brands, including Wienerschnitzel, Dickey's Barbecue Pit, and Del Taco, have signed multi-unit deals for expansion in various regions.
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 Wienerschnitzel Signs 32-Unit AD Deal for Greater Houston Area Dickey’s Barbecue Pit Signs 9-Unit Deal for Orange County, California Del Taco Inks Two Multi-Unit Deals for 14 Units in Greater Phoenix Walk-On’s Bistreaux & Bar Inks AD Deal for 8 Units in 5 Southern States Fastsigns Signs 39 Franchise Agreements, Opens 25 New Centers Through Q3 Dunkin’ Donuts Signs 9-Store Deal for NC with Safari Foods Bojangles’ Signs 4-Restaurant Deal for Pennsylvania’s Lehigh Valley Area Coffee & Bagels (Einstein Bros.
In this story
This story was originally published by Eddy Goldberg in Franchising.com on December 19, 2016. Burnaze summarizes and links to the original reporting.
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