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MRM Franchise Feed: Greek from Greece Grows and Hearts Afire for Mac & Cheese

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. ” ICV acquired DRH in an all cash transaction valued at approximately $130 million, including the assumption of outstanding indebtedness and transaction expenses.

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Five Ways to Engage Franchisees and Drive Profitability During the Pandemic

Modern Restaurant Management

In a study conducted by InGage Consulting and Franchise Business Review, franchisees that are engaged in their business are 3.7 Leadership will find that it doesn’t take much time yet has a high ROI in terms of showing their level of commitment and conveying how valued their franchisees are.

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How Refranchising Can Help Your Brand

Modern Restaurant Management

Through my 26 years working in franchise development, I have seen first-hand the intrinsic value of the franchise business model. Refranchising involves the purchase of a corporate-owned location that is already constructed, operating and has existing cash flow. As the Franchisor. As the Franchisee.

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Succession Strategies for Restaurant Owners: Safeguarding Your Legacy 

Modern Restaurant Management

The loss of volume for the franchise, the forfeiture of jobs for the community, and the closed restaurant locations could have been avoided with a thoughtful succession plan. Despite this, restaurant owners and franchise brands routinely shy away from discussions around exit strategies or succession planning.

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Staying on Top of FDD Requirements for Risk and Insurance

Modern Restaurant Management

It’s hard to escape the continuing boom in restaurant franchises. Quick-serve brands are leading the trend, and not just for restaurants, but for franchises overall. Even experienced operators know that navigating the compliance requirements laid out by each state’s franchise registration rules isn’t easy.

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Make it This Winter and Step Up To The Table

Modern Restaurant Management

The company has also added a Deep Cleaning Checklist and guiding principles for Managing Indoor Air. ” Here’s how Drive Kindness works: Drive Kindness’ franchise owners will charge restaurants a flat rate. Webinars : US Foods regularly introduces new webinars, and recently added Holiday Profits to the schedule.

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Virtual Acceleration, Raising the Bar and Insult Monitor

Modern Restaurant Management

US Foods Holding Corp.entered into a definitive agreement to acquire Smart Foodservice Warehouse Stores from funds managed by affiliates of Apollo Global Management, Inc. NYSE: APO) (the “Apollo Funds”) for $970 million in cash.

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