Melting Pot Announces Franchise Growth Incentive

On the heels of another strong year of unit-level sales growth and system-wide remodeling efforts, Melting Pot, a 93-unit experiential dining fondue franchise, has launched a franchise growth incentive, designed to help the brand meet the growing customer demand, as shown through limited Open Table reservation availability in major markets.

Franchise Growth Incentive | Expires July 1, 2024

A candidate or current Melting Pot franchise owner that is approved may execute a new restaurant franchise agreement, paying only a $5,000 franchise fee per unit (discounted from $45,000 * – with a...

Freddy's Frozen Custard & Steakburgers Drives Expansion Through Recent Reinvestment 

Fast-casual restaurant concept Freddy's announced today the signing of several multi-unit development agreements to further expand the brand's nationwide footprint. The growth will be led by seasoned franchisees in Freddy's existing system, bringing more than 30 new restaurants to target markets within New Mexico, Texas, Idaho, Arkansas, Oklahoma, Missouri, and Arizona. This announcement comes on the heels of a historic year of development for Freddy's, as the brand unveiled 62 new restaurants across the nation, including its 500th location...

Franklin Junction Awarded Global Exclusivity for Nathan’s Famous Virtual Restaurants

Host Kitchen® creator, Franklin Junction, marks the third anniversary of their relationship with Nathan’s Famous by landing exclusive license rights for all future virtual restaurants worldwide. The deal also includes rights to Nathan’s Famous sister brands, Arthur Treacher’s Fish and Chips and Wings of New York. The partnership has already expanded the iconic Nathan’s Famous brand to more than 150 new locations in the United States and Europe. Franklin Junction’s ability to translate the iconic American restaurant’s beloved full menu to scale, all while ensuring quality and consistency...

KFC China Celebrates the Opening of Its 10,000th Store

Yum China Holdings, Inc. today celebrated the opening of KFC China's 10,000th store, marking a significant milestone in KFC China's 36-year growth journey in the country.

Situated in Hangzhou, KFC China's 10,000th store is located on the banks of the Beijing-Hangzhou Grand Canal, a historically important link connecting northern and southern China. Since opening its first store in Beijing in 1987, KFC has grown into the country's largest QSR brand in terms of system sales. This growth has been underpinned by a world-class in-house supply chain management...

QDOBA Completes Whole Business Securitization, Providing Additional Liquidity to Supercharge Growth

QDOBA Restaurant Corporation (“QDOBA”), the leading fast-casual Mexican restaurant franchisor and portfolio company of Butterfly Equity (“Butterfly”), today announced the closing of its inaugural $305 million whole business securitization through Qdoba Funding LLC.

The transaction optimizes QDOBA’s capital structure for ongoing growth and provides meaningful interest expense savings. Proceeds from the transaction will be used primarily to refinance QDOBA’s existing senior debt facilities and provide liquidity to invest meaningfully in general corporate initiatives, such as remodeling more than 80 corporate restaurants and adding digital menu boards to...