Lion's Choice acquired by private equity groups

September 4, 2013

Local businessman and former Lion's Choice executive Mark Disper, in partnership with the principals of St. Louis-based Millstone Capital Advisors, announced…

Good Times closes $5.5M public offering

August 22, 2013

Good Times Restaurants Inc. has completed a public offering of $5.5 million and is listed on the Nasdaq under the symbol "GTIM."

Focus Brands gearing up for IPO

August 2, 2013

Just weeks after Noodles & Company announced its successful IPO offering, another major restaurant brand may be following its lead. Focus Brands Inc.…

Taco Bell franchisee receives $6.8M in financing for growth

July 29, 2013

GE Capital's Franchise Finance business announced today that it has provided Guerrieri Management Inc. (GMI) with a $6.8 million credit facility. Based in Cape…

Number of restaurant operators seeking capital jumps 40% since 2012

July 25, 2013

Thirty-nine percent more restaurant owners have sought capital for their businesses this year compared to last year, according to a new analysis from Capital…

Wendy's CEO: More product innovation to come

by Alicia Kelso — Editor, QSRWeb.com

The brand will continue to work toward having fast casual-quality food and experience at a QSR price point.

Sonic completes refinancing on portion of debt

July 19, 2013

Sonic Corp. has issued $155 million of 2013-1 Senior Secured Fixed Rate Notes in a private transaction. The net proceeds of the issuance will be applied to…

QSR franchisees provide testimonials for Direct Capital's financing program

July 19, 2013

A handful of quick-service franchisees at brands including Subway and Dairy Queen have participated in a video series to endorse their Direct Capital financing…

Hardee's franchisee leverages tax credits for expansion

July 18, 2013

Saddle Peak LLC, an 11-unit Hardee's franchisee based in Little Rock, Ark., recently opened its newest Hardee's restaurant in Bryant, Ark. The company has…

KFC veteran named CFO at El Pollo Loco

July 16, 2013

El Pollo Loco has named Larry Roberts as its chief financial officer. Roberts assumes his new role with nearly 30 years of experience, including more than 2…

Krispy Kreme approves $50M share repurchase

July 14, 2013

Krispy Kreme Doughnuts Inc.'s board of directors has approved the repurchase of up to $50 million of the company's common stock, effective immediately. The…

Sonic announces proposed partial refinancing

June 24, 2013

Sonic Corp. has announced that certain of its subsidiaries intend to refinance a portion of the 2011-1 Senior Secured Fixed Rate Notes issued under their…

Restaurant chains capitalize on increase in SBA lending

June 20, 2013

A new report released at the start of the International Franchise Expo in New York City shows that U.S. Small Business Administration (SBA) lending to…

Cousins Subs promotes marketing exec, names new CFO

May 28, 2013

Wisconsin-based Cousins Subs has hired Jason Westhoff as chief financial officer for the corporation and its 140-store franchise system.

Wendy's names former Kellogg's president as CFO

May 6, 2013

The Wendy's Company announced today that Todd Penegor has been named senior vide president and chief financial officer. Penegor, who most recently served as…

Good news: Restaurant sales, unit growth, financing up

Total unit growth for the Top 100 restaurant chains was 1.8 percent in 2012, the highest since 2007.

Wendy's expects $19M in annual savings from debt refinancing

April 18, 2013

The Wendy's Company announced that its indirect wholly owned subsidiary, Wendy's International Inc., has entered into an agreement to refinance its existing…

Del Taco completes $215M debt refinance

April 1, 2013

Del Taco Holdings Inc. announced the completion of a debt refinance transaction worth $215 million.

Burger King franchisee acquires six Taco Bell units

March 27, 2013

GE Capital, Franchise Finance recently provided $11.3 million to Ghai Management Services, a Burger King franchisee. The funding was used for the acquisition…

Taco Cabana parent launches SPO

March 19, 2013

Fiesta Restaurant Group Inc., parent company of the Pollo Tropical and Taco Cabana restaurant brands, today announced the launch of a proposed secondary public…