Rogers Restaurant Group的动态

Cottage Inn Gourmet Pizza is expanding into downtown with plans to open its second Grand Rapids location at the former Daisies Place restaurant. Work will start next month on 15 Ionia Ave. SW as local Cottage Inn franchisees JD Witherell and James Comiskey turn the 2,500-square-foot space into a pizza restaurant. When it opens in early May, the Cottage Inn restaurant will sell pizza, subs, calzones, wings and more to around 40 guests for dine-in service and delivery. Cottage Inn’s downtown location also will offer pizza by the slice and stay open until 3 a.m. for late-night diners. Witherell, director of franchise sales and new store development for Cottage Inn, said he and business partner Comiskey have signed a 10-year lease for the space. The downtown expansion comes less than a year after they opened their first Grand Rapids location in Eastown, pictured above. Read more: https://lnkd.in/gSM2vZdu

“How to lose all of your market share, franchisees and profits in one years time” Pizza Hut 101 The writings on the wall for any and all national restaurant chains… Pizza Hut has alienated themselves so bad from the public image that their franchisees won’t even pay them to remain a franchise. Anywhere from 50-179 Restaurants closed overnight. Franchisees allege that Pizza Hut has not stayed relevant, nor competitive with Dominos, Little Caesar’s & Papa Johns, and have not made progress in upgrading technology and delivery apps. The franchisees would rather start fresh with 179 new restaurants than remain as “Pizza Hut” https://lnkd.in/eHYE-jAF

The stakes for mid-market & #EnterpriseRestaurants have never been higher. Who should you trust to help Own The Guest Experience"? Get your brand right, and it's worth Billion$...get it wrong and: "One Table Restaurant Brands follows many other restaurant companies that have declared bankruptcy in 2024, most notably, Red Lobster,?which filed for Chapter 11?bankruptcy protection in May,?Rubio’s,?and?Tijuana Flats. Other smaller concepts and franchisees that filed for bankruptcy in the first half of 2024 include?Party Fowl,?Boxer Ramen,?Sticky Fingers,?Oberweis Dairy,?Foxtrot/Dom’s Kitchen,?Melt Bar & Grilled,?Kuma’s Corner, Subway’s?River Sub LLC?and Arby’s?Miracle Restaurant Group." #owntheexperience #platform #partnership #integration #data #pos #ncr #ncrvoyix #aloha #alohacloud #consumermarketing #services #support #growth #profitability

Alicia Kelso Nation's Restaurant News tells us - "Nearly 33% of the Top 500 chains experienced a net decrease in 2023 and those closures have continued in 2024" Sales from the Top 500 restaurant chains grew by 7.8% in 2023, according to?recently released Technomic, Inc. data. Further, the domestic footprint of the Top 500 chains increased by 1.8% in 2023 to a total of more than 233,000 restaurants. This marked the highest rate of new location growth since 2016. That doesn’t mean it was all rainbows and butterflies for the industry, however. Much of the unit growth was paced by a handful of players, like Jersey Mike's Subs, 7 Brew Coffee, and Crumbl, while much of the sales were driven by higher prices. And, as the overall count of Top 500 locations grew, nearly 33% of ranked chains experienced a net decrease in locations in 2023 — an uptick in chain closure rates versus both 2022 and 2021. All told, there were 17 chains that experienced a double-digit unit count retrenchment from 2022 to 2023, including: Church's Texas Chicken’s closed 13% of its system last year, going from 925 in 2022 to 805. California Pizza Kitchen is also 13% smaller, ending 2023 with 140 locations. TGI Fridays is over 20% smaller, and now counts about 230 restaurants. O'Charley's closed nearly 55% of its system in 2023 and now has just 64 locations. Corner Bakery is nearly 25% smaller, finishing 2023 with just over 100 locations after filing for bankruptcy in?February last year. Boston Market retrenched by nearly 68% in 2023, going from nearly 350 restaurants in 2022 to just 91. UNO Restaurants, LLC is over 10% small...Clickthru to get the rest... https://lnkd.in/e-ERcvzt #QSR #Entrepreneur #Restaurants #Franchise #Franchising #FranchiseChat Chainformation Altir Industries, Inc. Ned Lyerly Joe Caruso Michael (Mike) Webster PhD Anders Hall Jonathan Martin Michael Scherr Delaney Hetzer Dr. John P. Hayes, CFE Au Bon Pain Joe's Crab Shack Grand Lux Cafe Quiznos Fuddruckers Romano's Macaroni Grill Red Lobster Tijuana Flats Tex-Mex Rubio's Restaurants, Inc. ?Captain D's Potbelly Sandwich Works Swig Hawaiian Bros Island Grill CAVA Dutch Bros Coffee Gen Korean BBQ House Salad and Go Smalls Sliders Savvy Sliders Mo' Bettahs Kura Sushi USA

POWERFUL! In the restaurant industry, the dining experience defines a brand’s culture. Whether you’re a multi-unit franchise owner looking to add another brand, or an entrepreneur seeking your first franchise opportunity, pay attention to what happens within the four walls of the restaurant. It’s a foreshadowing of your experience with the franchisor. ?? Franchise with Sammy's Sliders! #responsibleexecution https://lnkd.in/gEnB99JF ???? Chef's Kiss to Sam G. Ballas, CFE, CCIM and Sammy Gianopoulos for going #BeyondtheBun and setting the example. Watch the full episode on Restaurant Owners Uncorked! Link in comments ??

Joanna Fantozzi Nation's Restaurant News reports - "The former Walk-On's Sports Bistreaux CEO will now head the new full-service restaurant arm of Hargett Hunter Capital Management, LLC" "Private equity firm Hargett Hunter announced the appointment of Scott Taylor as CEO of the company’s newly created full-service restaurant group, Cherry Bounce Hospitality. Taylor previously worked at Walk-On’s Sports Bistreaux, where he spent 14 years at the company, first as president and COO, and most recently as president and CEO—a position that he held for eighteen months until last June. In his new role, Taylor will oversee the full-service brands under the Cherry Bounce Hospitality umbrella, including Trudy's Tex Mex, Cajun Steamer Bar & Grill, Marugame Udon USA, and?@Live.Eat.Surf?Restaurants, and will build out the full-service portfolio under Hargett Hunter. The company is actively seeking more acquisitions and is currently in discussion with other brands to join the fold soon. “I’m excited to join the Hargett Hunter family in this important leadership role as we focus on strategic?expansion with our newly created restaurant platform,” Taylor said in a statement. “I believe the right culture attracts the right people and creates special opportunities. I aligned quickly with the Hargett Hunter team on a shared vision and strategy to build best-in-class teams and partnerships across the full-service restaurant space.”? Hargett Hunter has invested in nine restaurant brands total. In addition to the four current restaurants in its portfolio, the company has also invested in Stacked, bellagreen, Chop Shop, Chopt, and Bojangles' Restaurants, Inc.. The purpose of creating Cherry Bounce as a hospitality platform is to “support the leadership teams of the regional casual dining brands” to “achieve their respective growth, profitability and operational goals.” “The opportunity to successfully scale authentic, differentiated and approachable restaurant brands has never been greater,” said Brock.?“Scott’s presence allows us to stack the deck?to enable our brands to reach their full potential. His?passion for hospitality and incredible track record of driving growth will help us continue to realize the vision for building the strongest growth brands in the industry.” https://lnkd.in/grXJmTSf #QSR #Entrepreneur #Restaurants #Franchise #Franchising #FranchiseChat Chainformation Altir Industries, Inc. Franchise Pipeline Franchise Development Outsource Ned Lyerly Joe Caruso Michael (Mike) Webster PhD Anders Hall Jonathan Martin Michael Scherr

Running a bar or restaurant can be incredibly rewarding, but it's also fraught with challenges that can lead to failure if not addressed properly. Joey's Franchise Group shares our insights on the top five reasons restaurants and bars fail and how you can avoid these pitfalls to ensure your establishment thrives. Read more: https://lnkd.in/gCgtXa67

Ron Ruggless Nation's Restaurant News tells us about the restaurant brands that are restructuring Tijuana Flats Tex-Mex Oberweis Dairy Red Lobster. "Bankruptcy filings, no matter the industry, are the result of a thousand cuts. This month has produced filings and rumors of more to come in the pandemic-shaken restaurant industry. Maitland, Fla.-based Tijuana Flats Restaurants filed for Chapter 11 protection in the Florida Middle District Bankruptcy Court after closing a total of 40 restaurants this year,?11 of them last week. And, while Tijuana Flats is in the fast-casual segment, North Aurora, Ill.-based?Oberweis Dairy filed April 12?for Chapter 11 bankruptcy reorganization at the 43-unit dairy and retail concept. And?Bloomberg reported April 16 that Orlando, Fla.-based Red Lobster,?a stalwart in the casual-dining segment, was talking with experts about a possible bankruptcy filing. The company named Jonathan Tibus,?known for his restructuring expertise, as CEO in late March. In the Tijuana Flats case,?the company said in court documents?that “in 2021 and?2022, prior management sought to increase revenues and profits by expanding menu options. “The menu changes had the opposite effect, however, as the menu additions required more equipment, staffing, and time to prepare. The latter point led to slower delivery of food to the customers, higher costs, and growing dissatisfaction among the company's customer base, with a resulting drop in sales over time.” That led to compressed margins because of increased food and labor costs, the company said. Also, the company said, it suffered “changes in consumer spending habits in the post-COVID inflationary environment.” While the company tried to raise prices to meet the economic challenges, it met with limited success, “eventually requiring the closure of 29 corporate-owned restaurants” between January and April 2024. It said competition in the market segment “is also fierce.” The company “chose to file Chapter 11 proceedings to deal with the accounts payable and tax obligations, which have accrued over the last two years, through a reorganization plan or going-concern sale” The fast-casual concept said Friday that it had?arranged a sale by owner TJF USA LLC?to Flatheads LLC...Click-thru to read more." https://lnkd.in/eYudM2Ra #QSR #Entrepreneur #Restaurants #Franchise #Franchising #FranchiseChat Chainformation Altir Industries, Inc. Franchise Pipeline Franchise Development Outsource Ned Lyerly Joe Caruso Michael (Mike) Webster PhD Anders Hall Jonathan Martin Michael Scherr?Joseph D. Christina

The restaurant industry has long been a vibrant part of our culture, serving as gathering places for friends and families, offering culinary delights, and contributing significantly to local economies. However, in recent years, this once-thriving sector has faced an unprecedented wave of closures and bankruptcies. The combination of economic pressures, labor shortages, shifting consumer habits, increased competition, regulatory challenges, and the rapid advancement of technology has created a perfect storm for the restaurant industry. As beloved establishments close their doors, it serves as a reminder of the complexities and vulnerabilities inherent in this dynamic sector. The landscape may continue to evolve, but the resilience and creativity of restaurateurs will be crucial in navigating the challenges ahead and revitalizing an industry that may hold dear. #hospitality #restaurant

NOSTALGIC RESTAURANT SERIES No. 2 - ?????? ??????????'?? Founded in 1985 in Lubbock, Texas Don Pablo's was a chain of Tex-Mex restaurants. In 1995, with 51 restaurants open, DF&R Restaurants Inc. (company that owned the chain) sold Don Pablo's to Georgia-based Apple South who, at the time, was one of the largest franchisees of Applebee's. To years later (1997), Apple South divested all of its franchised operations to focus on the Don Pablo's chain, changing its company name to Avado Brands. "Things did not go as well as Avado had originally planned, and it ?????????? ?????? ???????????????????? ???? ????????. At that time, it had 106 Don Pablo's. Avado exited bankruptcy a year later with 96 Don Pablo's in operation. After spending two years trying to revitalize the brand, Avado ?????????? ?????? ???????????????????? ?????? ?????? ???????????? ???????? ???? ?????????????????? ???????? and subsequently closed or sold about half of its 90 locations." [Wikipedia] In 2008, 41 Don Pablo's locations were sold to Rita Restaurant Corporation who tries to revitalize the brand. That also did not go as planned and, in 2014, the now 34 unit chain was acquired by Food Management Partners, a Texas-based company. In October of 2016, Rita Restaurant Group filed for Chapter 11 bankruptcy protection, with only 12 restaurants remaining. Over the next 10 years, locations slowly closed with ?????? ?????????? ???????????????? ???? ?????? ???????????? ?????????????? ?????? ?????????? ???? ???????? ????????. ----- ???????? ???????? ????????????, ?????????? ???????? ?????? ?????? ?????????????????? ???????????? ???????????? ??????????????: https://bit.ly/3YxvVfR #nostalgicrestaurant #restaurants #brands #retailrealestate #cre