Finance & M&A — page 86

Bricks & Minifigs is a toy shop franchise with over 100 locations nationwide, offering a business model focused on LEGO sales and secondhand stores.

Fastest Labs franchise has 180+ locations and $310,318 average gross revenue.

Network In Action is a business networking franchise with over 100 locations, offering a structured platform for entrepreneurs to connect and grow their businesses.

Chick-fil-A is investing over $100 million to expand its presence in the U.K., aiming to open five restaurants in the first two years, with locations in Belfast, Leeds, Liverpool and London by early 2025.

Australian fitness tech company Evolt has raised $20 million for international growth initiatives as it mulls a potential IPO.

RAVE Restaurant Group reports $2.5 million net income for fiscal year 2024.

Tru by Hilton is a hotel brand in the mid-scale lodging market, with a streamlined and consistent experience for guests, and 293 locations in the U.S., Canada, Chile, Colombia, Mexico, and Brazil.

Private equity firm L Catterton has acquired a majority stake in Solidcore, the targeted strength training workout founded by serial fitness and wellness entrepreneur Anne Mahlum.

With one hand, EGYM, the global fit tech provider, pulls in data from its worldwide platform to shape and provide innovative workout experiences for its users.

Options for Senior America is a home-care franchise that focuses on senior companion care, homemaking, and respite care, with 19 locations in the US and a focus on serving clients with special care needs.

ERA Prime Real Estate Group has acquired GAP Realty Group in Southgate, Michigan.

Mohammad Haque, a longtime Roy Rogers Restaurants partner and multi-unit franchisee, agreed to purchase a corporate location in Waldorf, Maryland, so he now operates three new units in Alexandria, Virginia, and four in suburban Maryland.

Bruce Phillips, a seasoned restaurant executive, has joined FranNet as a consultant, leveraging his expertise to help franchisees succeed.

Pet Wants franchise owners can earn up to $1.1 million annually.

Fitness Premier franchisees benefit from diversified revenue streams beyond gym memberships, making the potential return on investment more robust.

Thai Express has 300+ locations with a $350,400 to $794,500 investment range.

Donatos Pizza has over 460 locations across the United States, offering elevated pizza experiences to customers.

Buddy's Home Furnishings Operating Group acquires six stores in Virginia

Economic uncertainty and interest rate concerns impact franchising development, but long-term business success remains unaffected.

TORONTO – Blo Blow Dry Bar has acquired California-based brand, LashBar™.

Ohanalulu, a treat shop specializing in handcrafted Hawaiian-inspired donuts and desserts, offers a wide variety of unique and delicious donuts, each crafted with premium ingredients and inspired by the flavors and culture of Hawaii.

Any Lab Test Now, the largest retail lab testing franchise in the country, offers a wide range of clinical, DNA, and drug testing services at over 230 locations across the U.S.

Bellacures, a salon franchise specializing in manicures and pedicures, operates as a luxury nail salon franchise, offering a comprehensive business model with eight locations in California and Texas.

Credit card debt increases by $36 billion in Q2 2024.