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Franchisee NPC Acquires 140 Restaurants from Wendy’s

NPC International, Inc. announced today that it has acquired 140 Wendy’s restaurants, previously operated by DavCo Restaurants LLC, from a subsidiary of The Wendy’s Company.

Arby's Largest Franchisee Acquires 10 More Restaurants

Arby'sUnited States Beef Corporation, Arby’s largest franchisee, has acquired 10 Arby’s restaurants from the two Arby’s franchisees operating in Central Washington and Northern Idaho. The leaders of the Arby’s franchises being bought are Richard (Rip) Riva, president of Cascade Beef Inc. and Riva Real Estate LLC, and Deana Harris, president of 3 Rivers Roast Beef.

Guide to Becoming a Restaurant Franchise Owner

Joe Sieve, who bought his first franchise restaurant 20 years ago when he was 24, admits that he didn't know what he was doing and made costly mistakes. He hopes to save new owners from some of those same mistakes by this primer of the rewards and pitfalls of the business and the steps to becoming a franchisee.

Top Five Ways EBITDA Deceives

EBITDA (Earnings Before Interest, Tax, Depreciation and Amortization) is considered an important metric to look at when one is considering buying a franchise or small business. But hold on, advises this CTP (Certified Turnaround Professional). EBITDA deceives, he says, making the company look better than it really is. He goes so far as to call the metric "a fairy tale."

Former Hardee's Franchisee Buys 24 Pizza Hut Restaurants

Lisa Albert, an Atlanta businesswoman who formerly owned 25 Hardee's locations throughout the southeast, has finalized the deal to acquire 24 refranchised Pizza Hut units in the Baton Rouge area.

Seven Questions to Ask Your Franchisor Before Leasing Commercial Space

Many future franchisees think that when they join a franchise system, the franchisor will complete everything for them. Think again!

Lapels Dry Cleaning Introduces Area Representatives and Satellites

Lapels Dry Cleaning, a chain of over 70 franchised outlets by Hanover, Massachusetts based franchisor Next Step Franchising has launched an area representation multiunit franchise model to help it accelerate franchise sales throughout the United States.

HVAC Franchisees Discuss the Franchise Experience

Why should an HVAC (Heating, Ventilation and Air Conditioning) specialist buy a franchise when he can be an independent businessman? Several franchisees share why they think that with the right company, the advantages are significant.

Franchisee Due Diligence of Franchisors: Lessons from Applebee's

In the November 2016 Restaurant Finance Monitor, published by John Hamburger and Franchise Times, there is an excellent article about current issues underway in the Applebee’s system. Applebee's problem is also broadly present in parts of the restaurant franchise space.

Franchise Earnings Disclosures Help Deliver Franchise System Growth

Buying a franchise is about choosing a business that you can make money at. It’s that simple. Passion for the brand is great, but passion doesn’t put money in your pocket.