Luna Grill secures private funding

The funding will help Luna Grill continue its plans to grow to 30 locations by the end of 2015.

FEATURES


Good news: Restaurant sales, unit growth, financing up

Total unit growth for the Top 100 restaurant chains was 1.8 percent in 2012, the highest since 2007.

Restaurants adapt to 'new normal' with efficiency, innovation

Mergers and acquisitions market won't be as active in 2012.

Wrestling with a million dollar baby - skimming

The restaurant industry is rife with ways to lose profitability. Just when you think you have things buttoned up, a new twist comes along that can threaten your business and you may not even know about it.

Fast Casual Executive Summit: CEO Roundtable Part 2

In this session from the 2011 Fast Casual Executive Summit, attendees heard from operators large and small about the ways they are growing sales, integrating creative marketing techniques and (re)shaping the industry. Panelists included: Ed Rensi, co-founder, Tom & Eddie's;...

Disproving the Top 3 employee tax credit misconceptions

Technology has transformed the process of qualifying employees for tax credits and collecting Uncle Sam’s incentives. What was a manual, red tape-ridden process ripe with high potential for errors has become a streamlined digital transaction. In my last column, I...

New concept matches franchisees to lenders

Boefly has attracted many big-name chains as they seek various funding options for growth.

Wall Street Investors Demand ROI - Return on Innovation

Return on Innovation (ROI), and not Return on Investment is the new demand (and expectation) of Wall Street Investors.

Fast casual success: How Wingstop rose above the competition

To build a strong ROI, Wingstop executives built in four pillars for success.

CIT Group: Expect M&A to pick up in 2011

Private equity firms attracted to strong growth potential.

CIT podcast touts restaurant-capital rebound

After a few years of conservatism, capital is slowly becoming more accessible for restaurant-industry operators.

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NEWS


The Habit announces IPO

Shares will be available at a price of $18 per share starting Nov. 20.

Specialty's Café & Bakery gains $37.5M credit facility

The financing from GE Capital will help the 50-unit chain refinance debt and grow.

Jack in the Box franchisee to add El Pollo Loco, Corner Bakery to roster

GE Capital's Franchise Finance business has provided a $95 million senior credit facility to JIB Management Inc., the largest domestic Jack in the Box franchisee. According to a news release, JIB will use the funds to refinance existing debt and...

CIT: Fast casual has changed landscape through customization and quality

The fast casual segment continues to outpace the rest of the restaurant industry and will continue to do so, despite having higher price points than its QSR competitors, according to Bob Bielinski, managing director of CIT Corporate Financie. "Fast casual...

NRA: Restaurant Performance Index showed moderate decline in September

Restaurant operators are unimpressed about the direction of the economy.

Sales up, margins down as Panera continues 2.0 transformation

Comps for company stores increased 2.1 percent and 0.7 percent for franchise stores while margins declined 2 percent due to food costs and costs related to Panera's 2.0 initiative.

Brix Holdings launches franchisee incentive program

Three of Brix Holdings' franchise brands today announced limited-time offers providing financial incentives for new franchisees. The new programs will ensure real estate selection opportunities and charge zero percent royalties for the first six months after opening a Red Mango,...

Majority of middle market execs have positive business outlook

According to CIT Group’s newly-released and third annual Voice of the Middle Market study, a majority of middle market execs have a positive outlook for their businesses, with 63 percent indicating that their companies are better off today than last...

GE Capital extends restaurant financing opportunities

GE Capital, Franchise Finance announced today that it has expanded its team of account executives to focus on the restaurant industry. Leading the initiative is Allen Johnson, who has been promoted to managing director of new relationship development in the...

Restaurant group secures financing for Corner Bakery Cafe expansion

MX Restaurants and Bakeries Inc. has secured a $5.6 million loan from GE Capital's Franchise Finance to pay off short-term debt related to a recent acquisition and to develop four additional Corner Bakery Cafe units.

Restaurant Finance Monitor’s finance and development conference headed to Vegas

The Restaurant Finance Monitor's annual Restaurant Finance & Development Conference will be held Nov.

Wingstop appoints new CFO

Michael Mravle joins the company from Bloomin’ Brands, where he held several positions, including most recently group vice president of Financial Planning & Analysis and US CFO.

JAB Holding Company affiliate to acquire Einstein Noah Restaurant Group for $374 million

An affiliate of JAB Holding Company will acquire Einstein Noah Restaurant Group for approximately $374 million.

Garden Fresh Restaurant Corp. names two new senior executives

The senior executive additions are part of Garden Fresh's revitalization strategy for Souplantation and Sweet Tomatoes.

Fund established to encourage pro athletes into franchising

The Playbook Solutions Group Franchise Income Fund has been formed to help professional athletes get into franchising. The fund was founded by Steve Levenson and NFL veteran Leonard Marshall is a partner. "The franchise industry is continuing to flourish and...

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