Archive for August, 2007
Hotels to be made profit centres
The Hindu The Tamil Nadu Tourism Development Corporation (TTDC) has given a fresh impetus to the scheme of franchising its “Hotel Tamilnad” and the restaurants to make them “viable profit centres.” “We are in the process of appointing a general manager with hotel management and catering technology... More
Harvey Norman profits up 77.4 per cent, sales up 16.5 per cent
Current It has been a huge year for Harvey Norman —the company’s financial results released today for the year to 30 June 2007 report a 77.4 per cent increase in net profit after tax and minority interests of $407.25 million compared to $229.56 million in 2006. Sales for the year ended 30 June 2007... More
Cousins Subs To Hold Next Discovery Day In September
Area Developer Cousins Subs will hold a Discovery Day on Wednesday, Sept. 26 for potential area developers and franchisees at its corporate office, located at N83 W13400 Leon Road in Menomonee Falls, Wis.. At the Discovery Day, Cousins Subs’ franchise development team introduces its food and beverage... More
Debut franchisee sets Ink Shop ball rolling
Print Week The Ink Shop is teeing off its expansion drive with the opening of its first franchised store. The Scotland-based hub and spoke operation is working with franchise consultants to pursue its plan to ultimately cover all areas of the UK (PrintWeek, 12 October 2006). Its first franchise opened... More
Moe’s now part of Roark’s FOCUS Brands
Money Central Roark Capital Group’s FOCUS Brands Inc. has closed its deal to buy Atlanta-based fast casual Mexican chain Moe’s Southwest Grill for an undisclosed price. Moe’s, which stands for Musicians, Outlaws and Entertainers, was founded in 2000 by entrepreneur Martin Sprock. Its... More
College Hunks Hauling Junk sells first West Coast franchise
Biz Journals College Hunks Hauling Junk has sold its first West Coast franchise for $112,500, marking the third such deal this year for the 2-year-old company. Located in San Francisco, the franchise will cover eight zones, each representing 65,000 to 85,000 households with annual incomes of $50,000... More
Here’s how to convert a dealer organization into an opportunity-charged franchise.
Msnbc In recent years, a significant trend has gone unnoticed in many business circles. Dealer-based manufacturers have been converting to franchises in significant numbers. In fact, not only have dealer organizations begun to convert to franchises, but we’ve also observed an increasing number... More
Dunkin’ looking for bigger franchisees to fuel growth
LA Times Coffee shop chain Dunkin’ Donuts is courting bigger franchisees and moving away from the smaller entrepreneurs that were the cornerstone of its early growth as it seeks to fuel an aggressive U.S. expansion plan. The chain, which has 5,400 franchised U.S. stores, wants to have 15,000 such... More
Sports bar chain takes off at BWI
Money Central: The Greene Turtle Sports Bar & Grille has opened its first-ever airport location at Baltimore/Washington International Thurgood Marshall Airport. The restaurant, known for its Maryland-inspired menu of wings, burgers and “Slamwiches,” is in Concourse D. It began serving... More
Papa Johns seeks property and franchise director
Caterer Search Pizza delivery franchise Papa Johns is looking to appoint a director of property and franchising in the UK to spearhead plans to treble its number of outlets in the next 10 years. Papa Johns laid out plans in March to crack the hegemony of Domino’s and Pizza Hut in the UK and continues... More
Rocky Mount company buys 34 Hardee’s locations
Money Central CKE, the parent company of fast food chain Hardee’s, has sold 34 of the chain’s North Carolina restaurants to an area franchiser. The stores were purchased by Rocky Mount-based Boddie-Noell Enterprises, which is the largest Hardee’s franchise operator and has been in business... More
Kabab Factory’s flavours going places
Economic Times RHW Hotel Management Services-promoted The Great Kabab Factory (TGKF) is expanding to new destinations within and outside India. It plans to take its over 300 varieties of non-vegetarian and vegetarian kababs to places like Lahore, Dubai, Bahrain, Saudi Arabia and Muscat. Within India,... More



