Super 8 has partnered with Human Hug Project, an organization founded by combat veterans to bring awareness to PTSD and dole out hugs to at-risk veterans. With this partnership, the company is committing to help the founders, Ian Michael, Gino Greganti…
Franchise Freeway News
I’ve never met Papa John’s founder John Schnatter, but his recent decisions as CEO have exposed the company and its shareholders to needless ire. There are a lot of valid external reasons that could be blamed for lowering future sales projections, but pointing to something as divisive as NFL players taking a knee is absurd.
The U.S. Small Business Administration is creating a directory of franchise systems eligible for government-backed loans, and at least some lenders are hailing the move as good for the process of speeding loans to franchisees.
Alaska Sales & Service has built a $12-million business as a National-Alamo car rental franchisee since 1967. Corpat has been in the game since 1986 and posts $47 million in annual sales. And Midwest Car boasts $90 million a year from a franchise started in 1968. All three received termination notices effective January 14, 2018, from their franchisor, known as NACRS or National-Alamo Car Rental System, which their attorneys say are without cause and so constitute an unlawful breach of contract.
One diehard Houston Astros or Los Angeles Dodgers fan will win a free Pro Image Sports franchise to bring the largest sports fan gift shop to their town. The company will waive its $30,000 franchise fee to a dedicated fan of the winning World Series team.
Arby’s has signed development agreements to build 25 new restaurants in the Chicagoland area over the next five years, including the downtown area, creating nearly 700 jobs in the process. The company has made the Windy City a priority growth market for the brand, seeking to triple its footprint in the metro.
Several franchise brands and Facebook are coming together to capitalize on consumers’ desire for convenience by offering food ordering directly on the social media site or app.
Many franchises offer significant discounts and deals to U.S. military veterans looking to break into franchising. Completely waiving the franchise fee in a Veterans Day contest, however, is certainly a new angle.
United PF Partners, winner of a Franchise Times Dealmakers award in 2016 for its complicated and ambitious formation, has added two more acquisitions of Planet Fitness franchisees, in Phoenix and New Orleans, to increase its operating club count by 11 …
We routinely write about young franchise concepts because everybody likes to know what’s new in franchising, but a study released today by Franchise Grade shows how long the odds are for those so-called emerging brands. Just over 30 percent of brands that started four years ago had one or fewer locations, the study said.