Finance & M&A — page 119

Potbelly Corporation reports strong results for the third fiscal quarter 2023, including 8.0% same-store sales growth and 150 new shop commitments.

The Joint Corp. reported third-quarter 2023 financial results, with revenue growing 11% to $29.5 million and Adjusted EBITDA expected to be between $11.0 million and $12.5 million.

Nathan Cliff and Amanda Beneke, first-time Jeremiah’s Italian Ice franchisees, secured funding through BoeFly to open their first location in Tucson, Arizona.

Precision Tune Auto Care is a leading provider of car repair and tune-up services in the U.S.

Pretzelmaker is a franchise specializing in serving fresh baked pretzel products, dipping sauces, and all-natural lemonade.

Planet Fitness stock surges on 13.6% Q3 revenue jump to $277.6 million

Sizzler, a fast-casual steakhouse concept, has 84 locations as of October 2023, and is actively working to reignite interest in its offerings through new marketing campaigns and limited-time offers.

Batteries Plus announced its Q3 metrics, including four new franchise agreements and seven new commercial store grand openings.

Franchise development marketing involves growing a company's sales and business through several activities, such as digital advertising or online marketing.

Franchisors can choose to hire an in-house chief development officer or outsource this role to a third party that specializes in franchise sales and development.

Menchie's Frozen Yogurt is a frozen yogurt franchise based in Encino, California, with over 600 locations worldwide.

A survey by Goldman Sachs found that small business owners were feeling a credit crunch, with 78% concerned about accessing capital.

Private equity firms engage in a prolonged process to assess and evaluate potential franchise brand investments, with hundreds of millions of dollars at stake.

A WalletHub report reveals the states where unemployment claims are decreasing the most, highlighting positive trends in certain regions.

Noodles & Company, the American fast-casual restaurant chain, offers international and American noodle-based dishes.

Office Pride Commercial Cleaning Services acquires two locations from Budget Janitorial.

I Heart Mac & Cheese is a fast-casual restaurant chain with around 35 locations, offering in-line, order at the counter service and customizable macaroni and cheese bowls.

After a month-long community party that spanned 16 cities and 3,500 miles, Shuckin’ Shack, the oyster bar franchise, is celebrating $80,000 raised for the Leukemia and Lymphoma Society.

Midwest Shooting Center is a franchise brand of indoor shooting ranges and retail facilities, offering firearm safety and training courses, as well as selling firearms and ammunition.

Chicken Salad Chick acquires Piece of Cake bakery in Atlanta.

Scooter's Coffee names Joe Thornton as its next CEO, effective January 1, 2024.

The Roof Resource is a Michigan-based residential roofing company that offers a fully virtual, flat-fee service designed to simplify and reduce the cost of roof replacement.

The Papa Johns Foundation awards nearly $1.4 million in grants to 270 nonprofit organizations through its Building Community Fund.

Schlotzsky's, a fast-casual sandwich franchise, has 338 locations across 28 states, with most locations in the competitive sandwich segment.