Entrepreneur Media’s Post

Can't find a good company to buy? The restaurant franchise sector is expected to serve up plenty of acquisition opportunities, according to industry executives. Read on for more details. The restaurant franchise sector is attractive to buyers because it allows them to buy a piece of an established, low-risk brand that has growth potential and generates strong cashflow. #Privateequity #RestaurantFranchise #Restaurantindustry

In an interview for Delish's analysis of "The 10 Most Lucrative Fast Food Franchises Of 2024," I highlighted the importance of financial transparency and innovation in franchise selection. While strong brand recognition is undeniably powerful, as seen with giants like McDonald's, Subway, and Dunkin', I believe the fast food industry stands at a crossroads where evolving consumer demands and technology integration will redefine success. #FastFood #IndustryInnovation #BrandLoyalty

🔺MYTH: The perception headlines like this fuels is a belief that it costs millions to get into a franchise. 🟢 FACT: Most franchises run between 75k to 285k all in to get into the business. Visit YourFirstFranchise.com today to explore your options and take the first step towards franchise ownership. #yourfirstfranchise https://lnkd.in/gCAUHy8j

Lisa Jennings tells us what John Cywinski and Modern Restaurant Concepts are up to with their strategy to expand Qdoba Restaurant Corporation "The No. 2 Mexican fast casual has a long way to go to get close in size to arch rival Chipotle, but Qdoba is refranchising in a shift to the asset-light model. Qdoba Mexican Eats is doubling down on franchising with plans to double in unit count. The fast-casual chain, which was acquired by Butterfly Equity last year and merged with the now multi-brand group Modern Restaurant Concepts (MRC), has set the goal of doubling its 750-unit count over the next decade. The chain expects 40 new restaurants to open this year, with 60 planned for 2024 and more than 80 starting in 2025 and each year going forward. “Qdoba is an exceptionally well-positioned brand in one of the most attractive restaurant categories,” said John Cywinski, MRC’s CEO, in a statement on Wednesday. “We possess long-standing momentum, strong unit economics, a compelling operating model, an extraordinarily passionate guest following, and significant untapped geographic potential.” It’s not surprising that Cywinski is looking to franchisees to grow the brand. He previously led Applebee's Neighborhood Grill + Bar’s, an almost entirely franchised brand that has long advocated the asset-light model..." #entrepreneur #entrepreneurship #Restaurants #Franchise #Franchising #FranchiseChat Chainformation Franchise Pipeline Franchise Development Outsource Technomic, Inc. Chipotle Mexican Grill Modern Market Eatery Ned Lyerly Joe Caruso Michael (Mike) Webster PhD Anders Hall Lori Osley (C.F.E) Eric Williams Jacob Stauffer North Fork Fresh Mex, Llc dba Qdoba Mexican Eats Restaurant Business Online https://lnkd.in/eNkuerrt

Can You Finally Open a Panda Express Franchise? (Cost + Analysis) Fast-casual restaurants are sprouting up all over the United States and they’re expected to continue growing at a rate of 10.6% until 2032 in spite of challenges to the industry as a whole. These types of restaurants are known to serve high-quality food in a casual setting. Many also deem them to be healthier compared to fast-food. Whatever the case, fast-casual restaurants are on the rise and one of the top players is Panda Express. https://lnkd.in/gHJaRHAX

🍽️ Thriving in the Ever-Changing Restaurant Franchise Industry 🍽️ What does it take to succeed in the dynamic world of restaurant franchises? 🌍🍔 Explore the strategies that top franchises are using to stay ahead in a constantly shifting market. 📊💼 Understand how adaptability, customer experience, and innovation are shaping the future of the restaurant franchise industry. 🚀🍴 #RestaurantFranchise #BusinessSuccess #FranchiseTrends #Innovation #BLKNews https://lnkd.in/dpU9vDF6

Franchise finances can be surprisingly opaque. For Jemima McEvoy and I, it took dozens of sources to get a sense of how to best evaluate them. We've spared you the effort. Forbes examined four high-growth restaurant brands and estimated which ones give franchisees the most bang for their buck. Check it out here: https://lnkd.in/eb2nBB85

Day 2 of the FAT Brands Franchise Summit underway, with chairman Andy Wiederhorn addressing the crowd (1,600 people here, which is pretty crazy). Some stats: FAT Brands now the 25th largest restaurant group (adding nine brands to the portfolio in two years will do that). 18 brands. $2B in systemwide sales. $650M in revenue. 2,300 locations, 185 of which are corporate. 800 franchisees, about half of which are single-unit operators. A pipeline of 1,100 stores. Growth cadence of 125 openings per year or so. 267 over the last two. $750M in purchasing power. Twin Peaks working toward going public. Another acquisition likely coming in the next few months. And maybe most importantly for the world, the cookie brands, which recently went into FAT Brands’ burger chains as an offering, are being added to the remaining concepts, from Twin Peaks to Smokey Bones, etc.

What does exit strategy look like as a franchisee? For the largest Burger King franchisee, it looks like a $1 billion buyout. Carrols Corporation, who owns 1,022 Burger King locations is being purchased by Restaurant Brands International (BK parent company) for close to $1B. While the scale of this transaction is not the norm in franchising, it highlights an important concept-- franchisees have the ability to sell their franchises! Many of the clients that I speak with don't realize that selling the business down the road is an option; they see it as strictly a cash-flow focused endeavor when in reality, they are also building an asset. #franchising #exitstrategy #franchise

🌟 𝐄𝐱𝐜𝐢𝐭𝐢𝐧𝐠 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐚𝐭 𝐆𝐚𝐥𝐥𝐨𝐩𝐬 𝐄𝐚𝐭𝐞𝐫𝐢𝐚! 🌟 Yesterday, I had a detailed meeting with the Franchise Insiider core team Deep Thanki, Lalit Solanki & Gallops Eateria team, on the strategic discussion of the expansion of its Franchise development. Our discussion focused on the launch of their highly anticipated Franchise Module, a significant milestone in their journey. Gallops Eateria, renowned for its exceptional QSR dining experiences across 8 company-owned outlets, is now set to expand its footprint through franchising. This strategic move aims to leverage its proven business model and capitalize on market opportunities nationwide. During the engaging session, we delved into various crucial aspects: 🔹 𝐅𝐫𝐚𝐧𝐜𝐡𝐢𝐬𝐞 𝐌𝐨𝐝𝐮𝐥𝐞: Detailed insights into the structure, benefits, and support system for franchisees under the 𝐓𝐅𝐈 𝐯𝐞𝐫𝐢𝐟𝐢𝐞𝐝 brand category.    🔹 𝐒𝐮𝐩𝐩𝐨𝐫𝐭 𝐒𝐲𝐬𝐭𝐞𝐦𝐬: Comprehensive strategies to ensure seamless integration and ongoing support for franchisees, emphasizing mutual growth and success.    🔹 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐋𝐨𝐜𝐚𝐭𝐢𝐨𝐧: Rigorous planning around site selection to maximize visibility, foot traffic, and profitability.    🔹 𝐌𝐚𝐫𝐤𝐞𝐭𝐢𝐧𝐠 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬: Innovative approaches to amplify brand presence and drive customer engagement, tailored for each franchise location.    🔹 𝐋𝐚𝐮𝐧𝐜𝐡 𝐏𝐥𝐚𝐧: Step-by-step roadmap outlining the launch timeline, operational benchmarks, and quality assurance measures. Throughout the meeting, we meticulously addressed over 100 pertinent questions, affirming Gallops Eateria's commitment to excellence and transparency as they embark on this transformative journey. I'm truly impressed by Gallops Eateria's dedication to maintaining its standards of quality while embracing growth opportunities. Thank you to the entire team for their warm hospitality and collaborative spirit. I look forward to witnessing the continued success of Gallops Eateria as they redefine culinary excellence through their franchise expansion. #GallopsEateria #FranchiseInsider #StrategicMeeting #BusinessExpansion #TFIVerified #RestaurantIndustry #LinkedInPost