Franchise pros, most of them franchisees, comment on doing business in this 15-panel slideshow. The operations run a wide gamut from beef jerky, frozen treat, hamburger, janitorial service, pizza and more.
Arby's CEO Paul Brown was recently interviewed by Nations Restauant News, upon their release of 2016 same store sales gains (plus 3.6%), an overall rise of AUV to $1.1 million (plus 40% from 2010) and an increase in unit counts in 2016 (60).
Planet Fitness CEO Chris Rondeau, a walking advertisement for the benefits of his company's gyms, says 90 percent of new locations are opened by existing franchisees who are very good operators of multiple locations. The company will continue to rely on them, expecting to open about 200 locations a year, including some in Canada as well as in the U.S., he states.
The new Venice, California Chick-fil-A owner/operator aspired to a career in sports, but after taking a part-time job at a Chick-fil-A, started to lean toward a career with the company instead. The interview process to become a franchisee took nearly four years.
A Dairy Queen franchisee, who was widely reported nationwide and internationally of using offensive racist language against a biracial mother who had asked for a refund, has lost his store. It remains closed until further notice.
As America's oldest existing restaurant chain looks to 2017, franchisee-owned A&W Restaurants, Inc. says it is thriving. The franchisor says it will soon celebrate its five-year anniversary of franchisee ownership. Since leaving Yum Brands (NYSE:YUM), A&W says it has figured out how to turn the brand around. It has grown despite the restaurant sector experiencing sluggish sales.