Cadillac has a glut of dealerships. Its solution to the problem is to implement five tiers of dealerships, asking some of those with the lowest volumes if they would be willing to give up Cadillacs on the lot
OKLAHOMA CITY—Sonic Corp. (NASDAQ:SONC), a chain of 3,500 drive-in restaurants, announced last week that it will be dipping into business securitization for debt based on future fees that its franchisees are expected to pay the franchisor. Sonic has negotiated to receive $425 million in a 4.472 percent fixed rate senior secured note with an expected life of seven years.
See a list of the largest multiunit franchisees by total unit count, along with the number of units owned and their brands, starting with NPC International, which has 1,499 Pizza Hut, Wendy’s and Taco Bell restaurants.
Franchise Marketing Systems at IFA's 2016 Convention
SAN ANTONIO, Texas – For franchising consultant Christopher Conner and the International Franchise Association it was business as usual at the International Franchise Association's 2016 Convention last week, despite the states of California and Maryland ordering Conner to cease and desist from selling franchises.
A St. Louis prosecutor, who daily confronted the baser parts of human character and who once received death threats following a case that required 24-hour police protection, decided that franchise ownership had to be more rewarding.