Some LA area eateries adding 3% surcharge to cover insurance costs

The restaurant owners say the surcharge isn't meant to make a political point, but is simply a way to cover the cost of healthcare for employees while negotiating razor-thin profit margins.

FEATURES


New guide caters to restaurateurs, retailers looking to boost income with ATMs

'How to Profit from ATMs: A Guide for Retailers and Restaurateurs' delivers 40 pages packed with essential information about the business of owning, operating and earning revenue from ATMs.

3 tips for selling your restaurant in 2014

Having your financial documents organized and up-to-date shows potential buyers you're on top of things.

Popeyes' president: The most successful brands focus on people development

No matter how good a product tastes, if you don't have a good operations process, it's not going to work, exec says.

Cat Cora: When starting a restaurant, 'test the waters and protect your idea'

To ensure your passion won't diminish for your business, it's important to stay innovative and keep things fresh.

Captain D's capturing 'significant share' from competitors

The brand's focus in 2013 will be on marketing, new menu items, new equipment and new menu boards.

Tips on keeping food purchasing costs down

Many of the reasons restaurant costs can flair are by overlooking simple procedures and tests.

McDonald's 2013 plans include strong product pipeline

The company's strategy includes adding more 24-hour restaurants to broaden accessibility.

How one QSR brand is taking advantage of the c-store resurgence

Blimpie has revamped its business model to fit larger, more foodservice-focused convenience stores.

Wendy's offering image activation incentive to franchisees

The chain is working on menu costs by focusing on perceived quality.

Popeyes continues to gain market share in QSR space

The chain turned in a 6.8 percent increase in same-store sales during Q3.

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NEWS


Jack in the Box gets a lift from late-night business

Jack in the Box Inc. reported earnings from Q1 earlier this week, including a same-store sales increase of 2.1 percent.

Wendy's issues quarterly dividend

The Wendy's Co.

Sun Capital affiliate sells Captain D's amidst turnaround

Sun Capital Partners Inc., a private investment firm specializing in leveraged buyouts and investments, today announced that an affiliate has signed an agreement to sell its investment in Captain D's Seafood Restaurant to Centre Partners, a middle market private equity...

Lion's Choice acquired by private equity groups

Local businessman and former Lion's Choice executive Mark Disper, in partnership with the principals of St. Louis-based Millstone Capital Advisors, announced the purchase of assets from Red Lion Beef Corp., owner of the Lion's Choice restaurant chain. While the new...

Good Times closes $5.5M public offering

Good Times Restaurants Inc. has completed a public offering of $5.5 million and is listed on the Nasdaq under the symbol "GTIM." The closing includes 2,200,000 shares of common stock at a price per share of $2.50, together with warrants...

Private equity company puts Captain D's up for sale

Sun Capital Partners, a private equity company focused on turnarounds, is putting Captain D's up for sale nearly three years after the acquisition. According to Dow Jones, investment bank North Point Advisors is handling the sale. Since the acquisition, Captain...

Jack in the Box closing nearly 70 Qdoba restaurants

Jack in the Box Inc. this week announced that it will close 67 of its company-operated Qdoba restaurants by the end of fiscal 2013, which ends Sept.

Arby's sells 23 SoCal restaurants to franchisees

Arby's Restaurant Group Inc. has announced the sale of 23 company-operated restaurants in Southern California in two separate transactions with active and growing restaurant developers. Tony Lutfi, who purchased 42 Arby's locations and development rights in Seattle and Portland, Ore.,...

American Restaurant Holdings now a publicly traded company

Focus Entertainment International Inc. has acquired American Restaurants LLC, a Nevada-based limited liability company, through a reverse merger transaction.

Subway, KFC make big gains as valuable global food brands

WPP and Millward Brown recently announced the 2013 BrandZ Top 100 list of most valuable global brands. Despite a 5 percent decrease from the prior year, McDonald's remained on top with a value of $90.3 billion. Thanks to the staggering...

Good Times marks 11th consecutive quarter of sales increases

Good Times Restaurants Inc. announced its same-store sales for the second fiscal quarter increased 7 percent and 3.9 percent for the month of March. President and CEO Boyd Hoback said the company is seeintg acceleration from recent menu initiatives, such...

Yum! Brands Inc. declares quarterly dividend

Yum! Brands Inc. has declared a dividend of $0.335 per share of common stock.

KFC franchisee deploys MonkeyMedia catering solution

MonkeyMedia Software, a provider of catering solutions for multiunit restaurant operators, has announced that Mitra QSR, a KFC franchisee, selected MonkeyCatering and MonkeyOnlineOrdering to enable end-to-end visibility and control over the company's catering business. Mitra QSR will deploy MonkeyCatering and...

Restaurant franchise industry veteran starts strategic advisory firm

Franchise industry veteran Lynette McKee, CFE, announced today the launch of McKeeCo Services LLC, a franchising and development strategic advisory firm. McKeeCo Services will provide franchise consulting to foodservice, hospitality, retail and service brands seeking to grow or improve their...

Chick-fil-A's annual sales up 12 percent

Despite a PR firestorm from president Dan Cathy's comments against gay marriage, Chick-fil-A experienced record sales in 2012. According to the Atlanta Journal-Constitution, the chain ended 2012 with $4.6 billion in sales, compared to its previous record of $4.1 billion...

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