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Good News! – September 2017

September 18, 2017 // Eddy Goldberg

The good news: Despite ongoing external threats to the business model, franchising is experiencing a remarkable growth phase – not only in unit count and system-wide revenue, but also in the number of new and emerging brands. The bad news: It’s harder to keep up with all the good news! That’s a nice problem to have – and why we’ve brought back our “Good News!” roundup of selected news items on unit growth, investment and financial developments, international expansion news, refranchising, and milestones attained by franchisors large, medium, and emerging. Here’s your chance to follow the leaders, every third Tuesday of the month.


So if you’re not doing it already, send us your good news here.


New Units/Growth/Expansion


i9 Sports Awards 4 East Coast Franchise Territories


NYC’s Mamoun’s Falafel Expands to Texas with Dallas Deal


Hilton Opens Dual-Branded Property in Downtown Birmingham, Ala.


Dickey’s Barbecue Pit Lands Deal for KC Chiefs’ Arrowhead Stadium


The Greene Turtle Signs 10-Unit Deal for Pennsylvania and New Jersey


Jimboy’s Tacos To Open 20 New Units in Southern California


Walk-On’s Bistreaux & Bar Signs 3-Unit Deal for Birmingham, Ala.


Griswold Home Care Is Franchising Again After 3-Year Hiatus


Shell Shack Signs 8-Unit Deal for the Houston Market


Wag N’ Wash Opens 2nd of 15-Unit Deal in Seattle Area


Dunkin’ Donuts Signs 7-Unit Deal for Raleigh-Durham Market


Captain D’s Inks 9-Restaurant Deal for Florida’s West Coast


La Madeleine Refranchises 26 Restaurants in Texas, Louisiana


Financial/M&A


FAT Brands To Buy Homestyle Dining for $10.5 Million; Files “Mini-IPO”


Big Plans, Big Dreams


Nestle’s Toll House Café Pitches E-2 Visa Holders


AtWork Turns 25, Plans 100 More Franchises in 5 Years


International


Funtopia Signs Australia Master Deal, Opens 2nd Unit in Melbourne


Wingstop Inks 10-Year Deal for 110 Restaurants in Australia and New Zealand


Papa John’s Signs Deals for Kazakhstan, Kyrgyzstan, and Poland


Hooters of Alajuela Is Open for Business in Costa Rica


Auntie Anne’s and Cinnabon Each Reach 600 International Units


New And Emerging Brands


BrisketU (Backyard Pitmasters) Begins Franchising


Milestones


Experimac Opens 100th Store, in Capetown, South Africa


Crunch Fitness Hits the 1 Million-Member Mark Amid Rapid Growth


Freddy’s Frozen Custard & Steakburgers Celebrates 15 Years


Moe’s Southwest To Open 700th Unit


Home Franchise Concepts Celebrates 25th Anniversary


People & Awards


On The Border Names Tom Pennison CFO


Le Duff America Names Julie Hauser-Blanner U.S. President of Brioche Dorée


Sonic Names Jose Dueñas EVP and Chief Brand Officer

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