Checkers & Rally’s Drive-In Restaurants’ Post

Read key tips for evaluating the purchase of an existing restaurant. Learn how a good understanding and inspection of the operation up-front may be the secret sauce for your success.

Some great news for a pizza chain many were worried about recently. Key Takeaways: - MOD was acquired by Elite Restaurant Group. Elite has a history of buying financially troubled restaurant brands over the years. - This comes after MOD was considering Chapter 11 filings last week. - The fast casual pizza segment has struggled post covid - most meals don't conform to the timeline of mobile delivery because the process is different than a Domino's, Pizza Hut, etc. - Year to date, 44 underperforming restaurants have shuttered, all company owned, and it’s not clear whether more will close. If you'd like a clear picture of your tenants success we have a subscription software that can track visitor counts and rank your tenant competitively across the state and country. Feel free to contact us to unlock additional insights on other brands! Sam Noe 972.755.5208 [email protected] John Paine 972.755.5279 [email protected]

Starting a restaurant is a dream for many, but the harsh reality is that more than 60% of new restaurants fail within their first year of operation. Understanding the common pitfalls can help aspiring restaurant owners navigate the challenges of the food and beverage industry successfully. Here are the top five reasons why restaurants fail and how you can avoid these mistakes. Read the full Article! https://lnkd.in/geZ7Ueg7

The restaurant industry is constantly changing to keep up with the demands of consumers. If you own a restaurant franchise, expect to see these trends in the next few years.

#TalentLife — In #Chicago, #fastfood #chains have become too #expensive compared to #restaurant #happyhour (better quality and ingredients), specials and #familybusiness. Only 1-2 McDonald's in #downtownchicago and one is the #hq. Also, the rise of tip-less Counter Service restaurants and Cafes selling $10 awesome sandwiches. Instead of fast food, I get 2 meals from a family owned Vietnamese place that gives me a hearty, satisfying $13 per meal. No tip necessary. As much as I ❤️ Popeyes Louisiana Kitchen, before the deals, the Chicken shrunked with the sides. No deals. I tested the Chick-fil-A Restaurants for a moment. The Sauce is the draw. Quality and Price are NOT my cup of tea. I think it's too expensive for the quantity. For fast food to compete, $10 satisfying meals is the goal (super difficult). Restaurants got the $15-$20 per meal market.

Popeyes Louisiana Kitchen, commonly known as Popeyes, is one of the most popular fast-food chains in the world, renowned for its spicy fried chicken and Southern-inspired menu. Founded in the early 1970s, Popeyes has grown from a single restaurant in Louisiana to an international brand with thousands of locations. This article explores the origins, growth, and milestones that have defined Popeyes’ journey.

🚀Throwback Time: Let's Dive into the Restaurant Chains That Soared High in 2013🚀 Do you remember 2013? The year of selfies, swag, Lorde, and Vines about silly ways to meet our maker. But did you know it was also the year we couldn’t get enough of froyo and fancy burgers? Ten years ago, the Technomic Top 500 Chain Restaurant Report showcased an array of booming frozen yogurt and gourmet burger chains that had successfully weathered the Great Recession. Today, let's peek into where they are now, and see if fast growth truly equals long-term success. 🍦SweetFrog: What once was a craze inspired by the Great Recession with 300 locations, now has 216. Yet, it still stands tall among froyo chains thanks to its simple franchise model. 🍻World of Beer: Founded in 2007, the chain grew rapidly tapping into Millennials’ craft beer love. Although dwindled from 58 to 42 locations, it remains a beloved spot for beer enthusiasts. 🍔Mooyah: One of the first better burger joints, operating 52 locations in 2013, hit a bump in 2017, leading to changes in ownership. Still keeps its place in the Top 500 list. 🍔Habit Burger: From an 85-unit chain to IPO in 2014, the brand underwent transformation until it was acquired by Yum Brands in 2020. With 366 units now, it stays in the game, despite some struggles. 🍦Menchie’s Frozen Yogurt: A true emblem of the froyo boom and bust, Menchie’s, stood as the largest frozen yogurt chain in the country with over 400 units by 2018. Despite a 24% dip in system sales, it still maintains 300 shops in the U.S. 🍔Freddy’s Frozen Custard and Steakburgers: Undoubtedly the greatest long-term success story, Freddy's recorded a 14.5% sales growth last year and continues to thrive with over 500 locations. 🌮Fuzzy’s Taco Shop: This upscale fast-casual taco shop saw success and was sold to Dine Brands Global in 2022. Despite closing five units last year, its sales are still solid. Change is the only certainty in business. Fast growth doesn't guarantee long-term success, but it does show the impact of meeting consumer demand and staying ahead of market trends. Willingness to change, adapt and pivot is crucial. The franchise models that these chains utilized allowed for rapid expansion, but also created vulnerabilities in the face of fluctuating consumer trends, economical changes and other external factors. #franchise #franchising

For restaurants, there’s pressure (and defeated acceptance) to raise prices, pull back portions, and cut service... But Pepper Lunch Restaurants is doing NONE of those things. Leadership (under Troy Hooper and Mark J. Bailey) is hitting on all cylinders. 🏎 They’ve have raised the grade of their beef (from Angus cut to Certified Angus Beef), chicken, and salmon. 🏎 They’ve increased the beef portion of their famous Beef Pepper Rice by 11%. 🏎 They’ve negotiated with meat suppliers to reduce prices (current franchisees have recaptured $80,000 back to the bottom line from this ALONE), and give us our product already cut - enabling franchisees to prep less and operate easier. 🏎 They’ve rearranged the back of the house to smooth operations and increase speed of service. 🏎 They’ve recalibrated the front of the house, so: (i) new customers are introduced warmly; (ii) returning customers can order without being slowed-down by newbies; and (iii) third-party delivery pick-ups don’t strain the line. All this - while prices stay the same, portions got bigger, quality got better, hospitality levels-up, and franchisees have a more predictable pathway to profitability (hey, alliteration). If you or someone you know is interested in benefitting from all of this, as a franchise partner - comment below or DM me! We're doing all this to grow wit the right people! CLIP: Cylinders on a Lamborgini Aventador V12 engine, by @aladdindorado3608 on YouTube

Domino’s sales are down, and the company hasn’t been through a slump this bad in years. Are Indians not enamoured of pizza as they used to be? Or are they just falling out of love with Domino’s, which to many has been synonymous with pizza? My colleague Aakriti Bhalla decodes why the jewel of the quick service restaurant industry has gone from being the market leader to playing catch-up, in her latest story for The Ken. Subscribers, read here: https://lnkd.in/dEj2iUwC

Exciting News in the Fast-Food Kingdom! Burger King's parent company, Restaurant Brands, just made a sizzling move, acquiring franchisee Carrols for a whopping $1 billion! Chris Pandolfo spills the details on this juicy deal on Fox Business at: https://lnkd.in/daaGJmhQ What do you think about this strategic move? Will it spice up your favorite flame-grilled classics? #BurgerKing #RestaurantBrands #CarrolsAcquisition #FastFoodFrenzy #BusinessNews