Recent News

Famous Dave’s Enters Development Agreement

Famous Dave’s of America, Inc. President and CEO David Goronkin announced today that Backyard BBQ, Inc., has purchased the right to franchise a total of seven Famous Dave’s Legendary Pit Bar-B-Que® restaurants in Orange County, California.

Tim Hortons Announces 2006 Strong First Quarter Sales

Tim Hortons Inc. today announced preliminary same-store sales increases of 8.7 percent at restaurants in Canada and 9.8 percent at restaurants in the United States for the first quarter, which ended on Sunday, April 2, 2006.

Charlesbank Acquires Del Taco

Charlesbank Capital Partners LLC and two other investors completed their acquisition of Del Taco, the second-largest Mexican fast-food chain in the nation, Boston Business Journal reports.

WFF Awards Outstanding Performance and Achievement

Women’s Foodservice Forum (WFF) has announced the recipients of the 2006 Trailblazer Award, Emerging Leader Award, Director’s Award and President’s Award at the WFF Annual Leadership Development Conference in Dallas, Texas.

Fresh City Gets a New Look

Fresh Concepts, owner and
operator of the 15-unit restaurant chain Fresh City, has remodeled its Boston,
MA Landmark Center location making the look and feel reflect the company’s
casual cafe atmosphere.

Pizza Hut Franchisee Settles U.S. Action

Pizza Hut’s largest franchisee, NPC International Inc., settled with the U.S. Justice Department over alleged violations of the Americans With Disabilities Act at its restaurants, the agency said Tuesday, MarketWatch reports today.

Back Yard Burgers Looking to New Leadership

Almost 20 years after the company’s founding, the 63-year-old founder of Back Yard Burgers is planning to step aside from day-to-day operations in his current role as
chairman and CEO.

Jake’s Joe Teams with Arby’s

The Arby’s fast food chain has followed McDonald’s lead and started offering premium coffee made by a Denver company owned by the rock band Opie Gone Bad’s lead singer, Jake Schroeder, The Denver Business Journal reports.

Yum on Review for Credit Rating Upgrade

Yum Brands Inc., whose corporate debt climbed out of junk status two years ago, on Thursday was put into position for another upgrade by a major rating agency, the Associated Press reports.

Taco Del Mar Signs Southern California Franchise Deal

Taco Del Mar said it’s signed a deal with Ranbir Singh of Kirpal Group to sell franchises and develop up to 40 franchises in San Bernardino and Riverside counties in Southern California, the Puget Sound Business Journal reported yesterday.

Good Times Launches New Web Site

Good Times Restaurants Inc. announces the launch of their new website as a part of a marketing strategy enabling them to better reach their core audience.

Popeyes Franchisee Raises Over $1 Million for MDA

Sailormen, Inc., the largest domestic franchisee of Popeyes Chicken & Biscuits locations, has officially raised over $1 million for the Muscular Dystrophy Association in the past four years through the annual “Appetite for the Cure” coupon card promotion fundraiser and the annual Sailormen Golf Classic.

Quiznos Announces Investment by JPMorgan Partners

Quiznos and JPMorgan Partners, a private equity affiliate of JPMorgan Chase & Co., announced today that they have entered into a definitive agreement under which JPMorgan Partners will become a significant ownership partner in Quiznos. Specific terms of the transaction were not disclosed.