We could not be more proud to welcome Steve Rivera into our Fuego Fam at Haven Hot Chicken! As our new district manager, Steve will oversee the day-to-day operations of our restaurants across Connecticut. As our COO, Gretchen Bartkus, states “Steve brings more than 25 years of experience in entertainment, hospitality, operations, and sales to our expanding team, and his role will be essential as Haven Hot Chicken continues its rapid growth in Connecticut and beyond!” Welcome to the team Steve! #districtmanager #restaurantgrowth #restaurantexpansion #newteammember
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Need help with daily operations and management of your franchise locations? Our dedicated brand operations managers ensure smooth operations, from sales forecasts to marketing campaigns and supply chain management. Focus on what you do best while we handle the rest. #Opportuninies_Development #Management #Restaurant #Mody
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Don't follow someone else's journey, create your own. Embrace the uniqueness of your story. Surround yourself with great people, take chances. Embrace setbacks as motivation, start from the bottom, and focus on developing leaders. Remember, success has no timeframe – enjoy the journey without stepping on others' toes. Don’t waste your time keeping up with the competition. Stay busy improving yourself and your team.
Meet Kanda Martin, Regional Director of Operations at Bluemont Group. Kanda's career started as a SONIC carhop in her hometown, where her passion for the restaurant industry ignited. Fast forward to today, she oversees Dunkin' restaurants across Knoxville and Chattanooga, embodying the epitome of growth. Join me in celebrating Kanda's success and explore how you too can thrive and grow within Inspire Brands. Whether you're starting your career or seeking new heights, there's a seat for you at our table. https://bit.ly/3wH3Eb4
Operations Leader Shares Journey from SONIC Carhop to Dunkin’ Regional Director
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Join the expansion at Ascent Hospitality Management! Perkins Restaurant & Bakery and Huddle House are growing, and we want you 🫵 to be a part of it. If you're interested in learning more about the incentives and opportunities available to you, contact us today. We never stop, and neither should you! #franchiseopportunities #businessownership #growingbusiness #entrepreneurship
We are seeing steady improvement in our rate of new restaurant commitments, and our pipeline of new franchise opportunities is the most robust it has been in years. This strengthening is built on Ascent's brands Perkins Restaurant & Bakery and Huddle House, which are well-positioned leaders in the family dining segment, and also the renewed leadership and energy in our organization. We are signing agreements outside the continental US, while also continuing to build brand awareness and interest in existing markets and major metropolitan areas. Good things are happening at Ascent Hospitality Management! #brandgrowth #brandexpansion #newmarkets #franchiseopportunities
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New week, new headlines 📰❗️— you know the drill! Check out Neal Sherman's latest roundup of headlines from the restaurant, grocery, and hospitality industries. #ShermsWeeklyInsider #hotelnews #restaurantnews #cstorenews #foodindustrynews
Here's a quick recap of what happened in the food and hospitality industry this week! Episode #21 of Sherm's Weekly Insider 1) Krystal Restaurants LLC partnering with Circle K to launch new c-store design in North Carolina 2) ALDI USA sets ambition goal to open 800 stores by 2028 🫐🍞🥯 3) Choice Hotels International abandons acquisition of Wyndham Hotels & Resorts 🏨🛌 4) Texas judge rules restaurant franchisors not joint employers with franchisees 👬🍽️ 5) 10 Subways in Washington fined $218,165 for pocketing employee tips ❌🛑 6) DC passes bill protecting restaurants that charge 20% or less in service fees 💵🧾 7) Owner of Boston Market bankruptcy case dismissed, yet again 👋 8) Walmart turning to drones for grocery delivery, completing 20,000 in the last 2 years 🥦🍎 9) Hilton pays $210 million for college-town brand Graduate Hotels 🛏️🚪🛎️ 10) DoorDash using AI to detect harassing speech in chats between drivers and customers 🥡 11) Viral water brand Liquid Death, set to go public, valued at $1.4 billion 💧🫗💦 12) Football stars Travis Kelce and Patrick Mahomes getting into the restaurant industry 🏈🏈 See sources below ⬇️⬇️⬇️⬇️ #tagex #shermsweeklyinsider #restaurantequipmentauctions #businessequipmentauctions #equipmentauctions #furnitureliquidations #equipmentliquidations #restaurantauctions #hotelnews #restaurantnews #cstorenews #foodindustrynews
Krystal opening new c-store design with Circle K in North Carolina
restaurantdive.com
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“Everything we do – our values, our behaviors – is all built on the premise that we can teach people to be stewards of great customer relationships; we are, essentially, a human-centric model in that sense.” - Fred Singer, President and CEO of Singer Equipment Company. Growing a regional restaurant equipment and supply business into a national leader requires a strategic vision. With that strong brand identity, expansion plan, market research, sales and marketing strategy, technology integration, talent development, and a focus on customer experience. By following these essential pieces of the blueprint, a restaurant equipment and supply dealer can position itself for success and achieve its goal of becoming a national leader in the industry. That is the goal that Singer Equipment Company has set for itself. #foodserviceindustry #expansion #customerrelationships
Singer Equipment Takes Next Steps for Vision of National Footprint
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Del Taco is an American Mexican inspired restaurant with locations predominantly in the Southern and Western parts of the country. Del Taco has approximately 600 locations in 16 states. The restaurants are situated in high traffic areas, which makes them highly sought-after properties. The NNN lease term is usually 20 years with attractive rental escalations of 10% every five years. Del Taco first grew popular in California before expanding to its current multistate footprint. Now, the Mexican quick-service restaurant (QSR) brand is executing a plan for growth that goes beyond the QSR market. Not only did the chain recently hold a double grand opening for locations inside TA Express sites in Arizona, but it's also making long-term plans for the convenience channel. The company currently has 12 Del Taco units in operation inside c-stores and travel plazas, with four more in development. For buyers and sellers of retail real estate assets, knowing which companies are in a growth phase and how their real estate requirements evolve is a crucial step to wise investing. Check out NNN Trends, where investors can access continuously updated national cap rates, comparable sales, and consumer traffic for dozens of retail net lease tenants. https://bit.ly/3VYH9IY #CRE #QSR #fastfood #creretail #commercialrealestate #netlease
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Former Krispy Kreme CEO Mike Tattersfield refers to the transformation of the Company as a shift from #doughnut bakery to a “doughnut logistics company.” And #logistics will be ever more important in light of the expanded partnership between Krispy Kreme and McDonald's that was revealed last week. By 2026 Krispy Kreme doughnuts will be available for sale in all U.S. McDonald’s restaurants - and a test of Krispy Kreme's 'hub and spoke' real estate model. Krispy Kreme's domestic and international hubs already serve thousands of access points and generate far more revenue than most of its #QSR peers. But what additional #realestate will #KrispyKreme need to produce and deliver doughnuts to all 14,000+ #McDonald’s restaurants throughout the country? In other words...what is the best real estate for a doughnut hub? ⬇
How Krispy Kreme's Expanded Partnership With McDonald's Will Impact Its Hub and Spoke Real Estate Model
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Founder & CEO Fransmart | Co-Managing Partner at The Kitchen Fund and FranInvest | Board member of the National Restaurant Association | YPO | Entrepreneur
Best cheat sheet in the business
Here's a quick recap of what happened in the food and hospitality industry this week! Episode #016 of Sherm's Weekly Insider 1) Woman drives into indoor swimming pool in Niagara Falls hotel 🏊♂️🤿🏊 2) Husband sues The Walt Disney Company after wife dies after eating “allergy-safe” meal 🍽️🥣 3) Federal Trade Commission officially sues to block merger of Kroger and Albertsons Companies 🛒🍎🍒🥦 4) Outback Steakhouse parent company closes 41 locations - shocking customers 🥩 5) Domino's’s gains 2 million loyalty members with "emergency pizza" stunt 🍕🍕 6) Walmart hits greenhouse goals 6 years early 🌲🟢 7) Burgerim barred from selling franchises following in the wake of an FTC judgment 🍔🍔 8) LA County sues Grubhub over bait and switch fees 🍛🍝🥘 9) The Wendy's Company drops the idea of dynamic pricing after social media outrage 🍟🍔 10) MGM faces federal probe over last year’s cyberattack 🛎️☎️🏨 11) Grocery Outlet planning to roll out private label products later this year 🍉🥐🥝 12) Dollar General opens its 20,000th location 💵💴💲 See sources below ⬇️⬇️⬇️⬇️ #tagex #shermsweeklyinsider #restaurantequipmentauctions #businessequipmentauctions #equipmentauctions #furnitureliquidations #equipmentliquidations #restaurantauctions #hotelnews #restaurantnews #cstorenews #foodindustrynews
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Are you ready to open a restaurant? Really? No, REALLY????? Many aspiring restaurateurs jump in without fully understanding the challenges ahead. At Culinary Consulting & Design in Nashville, we've seen countless ventures succeed and fail. Here are crucial questions every new restaurant owner should answer: 1. Have you negotiated a lease that truly benefits you? 2. Who is your target customer? 3. What are your weekly sales projections? 4. What's your breakeven point? 5. What are your projected food and labor costs? If you can't quickly answer these questions, your chances of success drop dramatically. To increase your odds of thriving in this competitive industry: 1. Develop a comprehensive business plan 2. Understand your market and competition 3. Create a unique concept that fills a gap 4. Build a strong team and company culture 5. Manage costs meticulously 6. Focus on quality and consistency 7. Embrace technology for efficiency Remember, opening a restaurant is more than just great food. It's a complex business that requires careful planning and execution. If you need guidance, our team at Culinary Consulting & Design is here to help you navigate the journey from concept to successful launch #foodservice #controllables #Fixedcost #business2024 Huntsville/Madison County Chamber Madison Chamber of Commerce #Huntsville #Madison #Athens
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Eighties and nineties nostalgia was dealt a gut punch earlier this month when nearly 100 Red Lobster locations abruptly went dark amid the company’s Chapter 11 bankruptcy filing. Restaurants that took the U.S. by storm 30 to 40 years ago are beginning to drop like flies after a whirlwind past few years that forced rapid innovation in response to evolving consumer demands. At least 12 of the nation’s biggest casual chains plan to scale back their portfolios this year, and while reasons behind the reductions vary, the potential real estate impacts grow more layered as closures bloom. The turnover of space is expected to create opportunities in retail markets where rapid population growth has led to historically low levels of vacancy. But in less desirable markets, the empty carcasses of once-beloved chain restaurants will be harder to reckon with. Around 300 Applebee’s locations have closed since 2017, with up to 35 more planned for this year. TGI Friday’s announced the closure of 36 underperforming restaurants in January, and while rumors of Chilis’ demise have proven untrue, the chain did throw in the towel on 16 struggling branches in 2023.There are 311 casual restaurant locations on the market nationwide.People aren’t looking for legacy brands. They are looking for smaller, independent, newer concepts to create excitement. The good news from a commercial real estate perspective is there is an acute shortage of second-generation restaurant spaces. There will be a number of tenants eager to backfill the spaces. #cre #commercialrealestate #Commercialrealestateadviser #commercialproperty #retailrealestate
The Death Knell Is Tolling For Family Sit-Down Restaurants: What's The Future For All Their Empty Husks?
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Founder @ Post Road Hospitality | Restaurant and Beverage Brands
4moCongrats Steve!!!