Jeremiah's Italian Ice’s Post

When insider trading is not only legal, but makes total sense (wait, what)... I love the brand, team, concept, and future so much...being a franchise developer for Pepper Lunch Restaurants isn't enough for me. You know how opportunity likes to creep up on you when you're not looking? After selling my chain of restaurants last year, I was looking to relax and just focus on consulting. But after joining the Pepper Lunch Restaurants team and seeing: • How brilliant the model was (small spaces, high volumes, low staff); • How simple it was to operate (proprietary tech, food supply is already portioned); • How strong and franchisee-focused the leadership team was; • A massive gap in the marketplace; and • A long runway of growth ahead... I couldn't stand there and watch franchisees winning without me. I asked my operating partners if they'd like to join me...and it checked all the boxes for them, too. The future is bright (and sizzling)! And if you're interested in joining the brand, let's talk!

Excited to announce multiple franchise resales system wide last week including Rosati's Pizza in Arizona, Marco's Pizza (Marco's Franchising, LLC) in Michigan and Hungry Howie's Pizza in Georgia. Wow! Seems like it was a big Pizza Week. Our relationships with brands like these allow them to achieve net restaurant growth. They are retaining and transferring existing units with the help of We Sell Restaurants while their development team focuses on new unit sales. If you are going to be at the International Franchise Association Superbowl of events next week in Arizona, let's talk about a resale strategy as part of your commitment to responsible franchising. There are many reasons you want to focus on this strategy including: ➡ The National Restaurant Association's 2024 State of the Industry reported that 38% of all operators say they are not profitable. As a franchisor, responsible franchising means you need to provide a way out for those who are not successful. ➡ America is aging and a "Silver Tsunami" is upon us. 10,000 Baby Boomer each DAY are turning 65 between now and 2030. If you don't have an exit plan for these boomers, they may simply shut down when the lease and franchise term are over, resulting in negative net restaurant growth. ➡ It is taking longer than ever to launch new units meaning your store counts on this year's FDD may reflect "Sold not Open" at higher counts. Don't let the total sum of your units also be negatively impacted by closures or doors that go dark. ➡ Failure rates of existing units will impact financing for new units. Do you know that We Sell Restaurants can work with the SBA to negotiate a "workout" if your franchisee is under water? ➡ Responsible franchising means a brand that is consistent with brand standards. None of us have a crystal ball and the candidate you thought was ideal at Discovery Day may not be working out. This affects the reputation of the brand and other franchisees along with the customer experience. It also impacts validation. Responsible franchising includes offering a path forward and sometimes that means working to help some owners exit. We have the tough conversations, perform free and confidential valuations and help both of you achieve a better outcome. Now that's responsible franchising! Message me to talk about your brand's resale program and I'll look forward to seeing you in Phoenix. #WeSellRestaurants #Restaurants #restaurantindustry #Franchise #ResponsibleFranchising

Every global business started with one store or restaurant. To get the best possible compounded returns on their investment, franchisees should consider emerging brands, which offer more support and growth potential at much lower costs. https://lnkd.in/eMYGePaf #emergingbusiness #franchise

🚀 Exploring the Billion-Dollar World of Fast Food Franchises! 🍔🍟 Together with Rgand, we continue to report on the latest trends in the restaurant industry and food tech. Today, we're diving into the bustling $289 billion fast food franchise industry, where giants like Wingstop, Scooter’s Coffee, Jersey Mike’s, and Tropical Smoothie Cafe are reshaping the market. 1. Wingstop impresses with efficient operations and strong growth, drawing attention with celebrity franchisees like rapper Rick Ross. 2. Scooter’s Coffee stands out as America's fastest-growing quick-service franchise, offering significant growth with competitive fees. 3. Jersey Mike’s combines rigorous training and effective marketing to deliver solid returns on investment, making its franchise selection tougher than Harvard. 4. Tropical Smoothie Cafe captivates with consistent growth and a fresh tropical menu, now expanding under Blackstone's ownership. Dive deeper into these dynamic franchises and uncover the opportunities in fast food franchising: https://lnkd.in/dyzbBtaa 

As a franchise law attorney who is deeply invested in the realm of franchising, it's fascinating to observe the changing trends and their impact on the restaurant franchise industry. Last quarter, Chili's Grill & Bar noticed a significant shift in consumer behavior. Customers, who were traditionally thought of as spenders, started opting for value meals, often choosing appetizers such as chicken wings and quesadillas as their main course. This trend suggests a potential move towards thriftiness, possibly fueled by broader economic or social factors. Chili's parent company, Brinker International, is leading the charge in acknowledging and adapting to this trend. They believe the American consumer is pivoting towards frugality. As a response, they are strategically adjusting their menu to cater to both budget-conscious and regular diners. Such a trend could entail fundamental changes for franchises across the board. To remain profitable, franchises may need to reevaluate their offerings, pricing, and promotion strategies. More focus might be needed on creating appealing value meals, without compromising on the demands of patrons who are willing to spend on premium items. Interestingly, Chili's move to focus more on showcasing premium items could also reflect a calculated risk to balance their customer base. While some patrons will turn conservative, a segment of customers will continue their regular spending habits. For franchises, this implies that a one-size-fits-all approach towards menu curation and pricing might be less effective in 2023. The key will lie in understanding the customer segments and strategically planning offerings to cater to both budget and premium diners. Notwithstanding the shift towards thriftiness, Chili's reported a rise in same-store sales by 5%, indicating that attentive franchise management can still lead to growth. As franchises brace for the changes in customer attitudes this year, it's essential to keep an eye on the evolving trends and adapt swiftly. I look forward to sharing more about such industry shifts in my future posts. #restaurants #franchise #franchising

What is the Oldest Franchise that's Still Operating today? Did you know that the oldest franchise still operating today is A&W Restaurants? As a franchise consultant, I find A&W’s story particularly inspiring and a great example of enduring success in the franchise industry. Founded in 1919, A&W started as a simple roadside drink stand in Lodi, California, where Roy W. Allen served a new creamy root beer formula to returning World War I veterans. Just two years later, Allen partnered with Frank Wright, and the brand we know today was born. What makes A&W remarkable is its ability to maintain its nostalgic charm while evolving to meet modern tastes and preferences. They were pioneers of franchising, setting the stage for the business model that many successful chains use today. Here are a few reasons why A&W has stood the test of time: Strong Brand Identity: A&W’s brand is synonymous with classic American dining, evoking a sense of nostalgia with its root beer floats and all-American menu. Adaptability: While they cherish their heritage, A&W has also embraced innovation, updating their menu and services to keep up with contemporary trends and customer demands. Community Focus: A&W franchises are often locally owned and operated, fostering a strong connection with their communities. This local focus helps build customer loyalty and a personalized dining experience. A&W’s story is a testament to the power of a strong brand, community connection, and the ability to adapt and innovate. If you're considering entering the franchise world, A&W's journey offers valuable lessons on longevity and success. Have you ever visited an A&W? Share your experiences and thoughts about this iconic franchise!

Amsterdam-based smash burger brand Fat Phill’s has signed a Franchise Agreement with the Auntie Anne’s UK Master Franchisee Freshly Baked Ltd, to develop the brand across the UK. The partnership has been co-ordinated by F&B business developer and franchise consultant Seeds Consulting. The new Agreement will involve a plan for Freshly Baked to develop 100 locations over the next 10 years. Fat Phill’s was founded by Armin Vahabian in 2019 and it has since expanded to 17 locations across the Netherlands, becoming the fastest growing burger brand in the country. Fat Phill’s Founder and Managing Director Armin Vahabian comments: “We are excited about partnering with Freshly Baked. Their track-record as a master franchisee for Auntie Anne’s speaks for itself: they are structured to roll out and have a deep understanding of our sector and the franchise relationship.” Seeds Consulting Director Matteo Frigeri adds: “Fat Phill’s is not just a great restaurant concept; it works equally well as a franchise. It has delivered a competitive ROI and growth for all its current franchise partners, most of which are opening already their second or third location.” Max Burton, Managing Director of Freshly Baked Ltd adds: “We are delighted to be partnering with Armin and his team in Holland. Initially we are focussing on opening 3 stores between 1,000 sq. ft. and 1,800 sq. ft, more likely to be in Greater London High Streets with stores being centrally located within busy conurbations. What attracted us to Fat Phill’s is the quality of their smash burgers and associated offers, their modern shop fit design and attention to detail from the Franchisor.” #franchise #foodfranchise #brand #success #burgerfranchise #FatPhills #burger #franchiseopportunities #foodandbeverageindustry

BRIX Holdings recently signed four franchise deals for new Orange Leaf Frozen Yogurt and Smoothie Factory + Kitchen locations coming to Texas this year, including Prosper, Frisco, San Antonio, and the Rio Grande Valley!   Our CEO, Sherif Mityas, eagerly anticipates the growth of these brands: "We look forward to working with our new franchise owners, who are dedicated to expanding Orange Leaf and Smoothie Factory + Kitchen networks. Their commitment mirrors our enthusiasm for fostering business growth in our home state of Texas, a state rich with opportunities. There is exceptional potential here in Texas, and this is just the beginning of a promising journey, where we aim to nurture and elevate local entrepreneurial talent." Learn more about our upcoming expansion in Texas via Yahoo Finance: https://lnkd.in/eYNshCjn To learn more about franchising with the BRIX brands and the available franchise incentives, visit: Orange Leaf: https://lnkd.in/ejQysHh5 Smoothie Factory + Kitchen: https://lnkd.in/ecghbwhR Red Mango: https://lnkd.in/e6X8U6RW  #FranchiseOpportunities #Texas #SanAntonio #DFW #Expansion

Roy’s new Refranchising Program brings in new energy and room for growth. Check out my thoughts in Franchise Times.  https://lnkd.in/exS3UT7z #franchise #growth #royrogers