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Franchise News Bill to Give Franchisees Private Right of Action Reintroduced in Congress Two years after a similar bill stalled, U.S. Rep. Jan Schakowsky, D-IL, reintroduced legislation giving franchis…
Franchise Times Top 400 Ranks the Biggest Brands in Franchising
Sep 27, 2024 · Find out how the largest franchise brands are performing in this exclusive annual ranking. Access original research and reporting, plus insight from top company leaders.
Strong Foundation at Vicious Biscuit to Propel Franchise Growth
5 days ago · In the next two to three years, McLaughlin said he expects the brand to reach 15 corporate locations, with new franchise units growing concurrently. As the growth accelerates, McLaughlin said he plans to fall back on a pair of philosophies that he relied on during his time as a …
Huddle House Inks Its Largest Development Deal With Franchise …
Nov 21, 2024 · It’s the group’s first franchise venture and is the largest-ever agreement for Huddle House. The all-day breakfast casual dining chain has about 270 locations in 21 states. Owned by Ascent Hospitality, it’s ranked No. 234 on the Franchise Times Top 400 with $219 million in sales in 2023, a dip of 0.5 percent from 2022.
Orangetheory’s Largest Franchisee Faces Bankruptcy | Franchise …
Dec 10, 2024 · In a letter May 16 to leadership and the board of directors at Woodbury, Minnesota-based Purpose Brands, the post-merger name for the multi-brand platform company that includes Orangetheory and Anytime Fitness, the Team Orange Independent Franchise Council said the challenges faced with membership growth are “clear and compelling.”
Former Franchisees Sue Dickey’s for Alleged Fraud | Franchise …
Oct 17, 2024 · Dickey’s former Vice President of Global Franchise Sales Ray Bodnar and former Senior Director of Finance and Real Estate Development Steven Mullett allegedly told the franchisees they’d make between $150,000 and $250,000 in net revenue in their first year, and that amount would increase thereafter.
Xponential Fitness Removes Its CEO as Federal ... - Franchise Times
May 10, 2024 · Meet 40 Fast-Growing Franchises; Restructuring Underway for Large Orangetheory Franchisee, ‘Wind Down’ Likely; 2025 Fast & Serious Winners: No. 1 Superior Fence & Rail; Bankruptcy for Twin Peaks Franchisee Stems From $12 Million Lawsuit; NY’s Largest Tim Hortons Operator Buys 10 Existing Stores
FAT Brands Files for Twin Peaks IPO Amid SEC Investigation
Nov 4, 2024 · The average unit volume for franchise units hit $5.8 million in 2023. FAT Brands’ 18 concepts have some 2,300 stores and account for about $2.5 billion in global sales. Some of its other concepts are Johnny Rockets, Fazoli’s, Hot Dog on a Stick and Fatburger.
Former Jack in the Box Owner Turns to Starbird With 17-Unit Deal
Dec 20, 2024 · Starbird, which has 18 locations, expects to close soon on two more franchise deals. Noveshen said the brand will then look to sign an additional three to five development deals over the course of 2025.