Finance & M&A — page 114

FPC of Bangor, ME, a nationwide executive recruitment office network, changes ownership with Phil DeSoto taking over.

India's economy is expected to grow at 6% or more annually for the rest of the decade, according to projections.

Ted Pick assumes leadership at Morgan Stanley, emphasizing the firm's commitment to not repeating past mistakes.

China's population is declining, and its economy is facing challenges with slowing growth and a shrinking GDP.

Suracy Insurance Agency relocated its headquarters from Solon, OH to Bainbridge Township, OH, in the Chagrin Valley area.

Private companies have been avoiding public markets for the last two years, as high interest rates have caused higher valuations to plunge and stock prices to fluctuate.

The average annual income for franchise owners was $107,119 in 2022, according to a report from Franchise Business Review, with franchisors unable to provide income projections to protect themselves.

Exit Factor becomes a franchise in the Starpoint Brands division of United Franchise Group, offering a consulting program for business owners.

FPC, a nationwide executive search firm, announces new ownership for its Hampton Roads, Virginia office.

Article discusses potential benefits of a 2024 recession for franchisees and franchisors, including real estate deals and rent reductions.

Private equity firms invest in fitness franchises with $3 million EBITDA

Elevation Burger is a fast-casual restaurant franchise owned by FAT Brands, with over 180 locations across the US and UK, offering organic, grass-fed, free-range burgers.

BoeFly assists first-time franchisee Marlene Garcia in securing funding to open a Wetzel’s Pretzels location in California.

Operators can save money and improve cash flow by reducing property taxes, a significant expense for many businesses.

PIRTEK is a franchise concept focused on hydraulics and industrial hose maintenance and replacement, with over 500 locations worldwide.

The estimated initial investment for a Subway franchise ranges from $229,050 to $522,300, with requirements for net worth and liquid assets.

January 17, 2024 // Franchising.com // ATLANTA - Tropical Smoothie Cafe has finished the 2023 calendar year with strong opening numbers, new franchise agreements, positive same-store sales, inventive product offerings, and continued charitable giveback.

Dream Vacations ranks #54 in Entrepreneur’s Franchise 500 for outstanding performance in unit growth, financial strength, and brand power.

PLYMOUTH, Mich./MIDDLE RIVER, Md. - Allegra Marketing Print Mail and Image360 announced today that they have ranked on the Entrepreneur Magazine Franchise 500® list.

Express Employment Professionals ranks as the top U.S. staffing/recruiting franchise and 57th overall on Entrepreneur's Franchise 500 list.

Twisted Kitchen is a fast-casual restaurant franchise specializing in pasta, noodles, wraps, and salads, founded in 2009 in Marietta, Georgia.

Anchored Tiny Homes, a California-based accessory dwelling unit building franchise, has had a remarkable 2023, awarding 61 new territories and $88 million in corporate revenue.

The Honey Baked Ham franchise costs, fees, profit, and data are outlined, highlighting the brand’s growth and expansion through franchising.

Sir Grout, a hard surfaces restoration franchise, offers a unique service lineup, including stone resurfacing, cleaning and sealing, and grout cleaning and sealing, giving franchise owners multiple revenue streams.