Finance & M&A — page 127

Potbelly Corporation reports strong results for the second fiscal quarter 2023, with same-store sales growth and shop-level margin expansion.

Office Pride Commercial Cleaning Services acquires a locally owned cleaning company in Davenport, Iowa, increasing its footprint in the Quad Cities.

Employment gains continue, artificial intelligence sends workers home, HR departments can expect a new Form I-9, and new business applications jump for the month.

Xponential Fitness has announced its second quarter results for 2023, growing revenue 30% to $77.3 million and increasing North American system-wide sales 37% to $341.3 million compared to the same period last year.

Planet Fitness reports Q2 revenue increase of 27.6% to $286.5 million

Merri Cronk has been named 2023’s Top Franchise Broker, with over 20 years of experience in the franchise world.

The Vitamin Shoppe has appointed Josh Burris, former CEO of rue21, as an Advisory Board Member.

Dream Vacations illuminates New York City with a digital billboard in Times Square, featuring a 15-second ad promoting a chance to win a dream vacation.

Closet Factory is a designer, supplier, and installer of custom storage solutions, with a focus on customer satisfaction and creating high-end products.

Spherion Staffing and Recruiting Opens in Des Plaines, IL to serve administrative and clerical, customer service, light industrial and non-clinical healthcare staffing needs.

Honest Lash is a beauty franchise with a network of locations across the US.

Crimp-Tech Hydraulics offers franchising opportunities in Florida, providing repair, rebuilding, and replacement services for hydraulic components.

Multi-unit franchisees can operate with the mindset of always preparing for sale, refining processes and procedures to make them efficient and repeatable.

Papa John's appoints John Miller to its Board of Directors, bringing 45 years of restaurant operations and management experience.

Todd Pfister, a top franchise broker, discussed how his professional history helps him understand franchisees better and his advice for prospective franchise owners.

Dumpster Dudez offers franchise opportunities, with 15 locations throughout seven states and big plans for growth.

RSVP Direct Mail Advertising expands its services to Las Vegas, offering luxury direct mail advertising services to local businesses.

Cold Stone Creamery was founded in 1988 by Donald and Susan Sutherland in Tempe, Arizona, and has since expanded to multiple locations through franchising.

Marnie Prince, owner of multiple Junk King locations, was recognized as a 2023 Franchise Rock Star by Franchise Business Review.

Illinois economic outlook for 2023 indicates job growth, improving labor market, but still higher unemployment rate compared to national average.

Farmer Boys is a West Coast fast-casual burger franchise known for its farm-fresh ingredients, made-to-order meals and multi-channel restaurant model that includes dine-in, drive-thru, delivery and mobile ordering.

TOUS les JOURS is an artisan bakery franchise with over 1,650 locations worldwide, offering French-Asian-inspired baked goods and handcrafted beverages.

A list of the best financing options for franchising a business is curated, including solutions for covering the entire franchise purchase or just a portion of it.

Franchise FastLane & Southfield Capital acquire Raintree, combining forces to offer full-circle approach to franchise development and growth acceleration.