Franchising

Empire Portfolio Group Debuts New Warren, NJ Orangetheory Fitness Studio

Retrieved on: 
Monday, September 18, 2023
Franchising, Unit, Empire, Orangetheory Fitness, Golden Joystick Awards, Heart rate, News

WARREN, N.J., Sept. 18, 2023 /PRNewswire/ -- Empire Portfolio Group ("Empire"), a leading Area Developer and Franchisee of Orangetheory® Fitness, the heart rate-based interval training fitness franchise, announced today it will open a new studio in Warren, NJ.

Key Points: 
  • WARREN, N.J., Sept. 18, 2023 /PRNewswire/ -- Empire Portfolio Group ("Empire"), a leading Area Developer and Franchisee of Orangetheory® Fitness, the heart rate-based interval training fitness franchise, announced today it will open a new studio in Warren, NJ.
  • "We couldn't be more excited to bring the Orangetheory Fitness experience to the Warren community," said Adam Krell, CEO of Empire Portfolio Group.
  • Orangetheory Fitness is a rapidly expanding franchise company and a leader in the boutique fitness industry.
  • For more information about the Warren, NJ Orangetheory Fitness studio and membership packages, please contact 908-864-5293.

Franchise Marketing System by Authentic Visits is Revolutionizing In-Store Experiences

Retrieved on: 
Monday, September 18, 2023
Heart, Business development, Generation Z, Gen, Life, Friends, Marketing, Generation, Smart, Foot, Intelligence, Millennials, CSR, Video, Environment, Fatigue, Retail, Tourism, Online shopping, Franchising, Franchise

TORONTO, Sept. 18, 2023 /PRNewswire/ -- Authentic Visits, an award-winning retail technology, has unveiled its innovative Franchise Marketing System with Smart Signs. The launch of this technology is transforming the retail industry by improving the in-store experience, increasing foot traffic, and preventing negative customer reviews. Authentic Visits Smart Signs are emerging as a beacon of innovation in franchisor marketing by turning everyone's phone into a magical wand. Unlike other in-store solutions, no app is required, and no sign up is required, making customer participation instant and fun. By adding an Authentic Visits Smart Sign to a retail shop, the multi-location marketing technology engages with each visitor uniquely to maximize revenue and increase foot traffic.

Key Points: 
  • Authentic Visits' franchise marketing system is revolutionizing in-store experiences with the implementation of its Loyalty Smart Signs with embedded intelligence.
  • TORONTO, Sept. 18, 2023 /PRNewswire/ -- Authentic Visits, an award-winning retail technology, has unveiled its innovative Franchise Marketing System with Smart Signs.
  • Authentic Visits' Franchise Marketing System enables any retail shop to enhance every customer visit experience and manage their multi-location marketing.
  • Basil Box, a dynamic and quickly expanding franchise, uses the Authentic Visits' Franchise Marketing System.

The Joint Corp. Reports Preliminary Second Quarter 2023 Financial Results

Retrieved on: 
Wednesday, September 13, 2023
Advertising, IR, Marketing, Bank statement, GAAP, Franchising, Pain, EBITDA, Acquisition, Patient, Depreciation, Adjustment, Comp, Bookkeeping, Health care, Birth control, Pharmaceutical industry, Cryptocurrency, Video game

SCOTTSDALE, Ariz., Sept. 13, 2023 (GLOBE NEWSWIRE) -- The Joint Corp. (NASDAQ: JYNT), a national operator, manager, and franchisor of chiropractic clinics, reported its preliminary financial results for the second quarter ended June 30, 2023.

Key Points: 
  • - Grew Q2 2023 Preliminary Revenue 18% and Preliminary Adjusted EBITDA 23% vs. Q2 2022 -
    SCOTTSDALE, Ariz., Sept. 13, 2023 (GLOBE NEWSWIRE) -- The Joint Corp. (NASDAQ: JYNT), a national operator, manager, and franchisor of chiropractic clinics, reported its preliminary financial results for the second quarter ended June 30, 2023.
  • Americans are spending $19.5 billion annually on chiropractic care.”
    Preliminary Financial Results for Second Quarter Ended June 30: 2023 Compared to 2022
    Preliminary revenue was $29.3 million in the second quarter of 2023, compared to $24.9 million in the second quarter of 2022.
  • For 2023, management is providing preliminary amended financial guidance to reflect the preliminary second quarter financial results, new accounting procedures, current economic environment, and other factors.
  • ET on Wednesday, September 13, 2023 to discuss the preliminary second quarter 2023 financial results.

Neighborly® Announces the Unexpected Passing of its President & CEO, Mike Bidwell

Retrieved on: 
Friday, September 8, 2023
Franchising, Interim, Respect, Process, Rainbow International School, Former, Kitchen, Bidwell, Integrity, Rainbow, Management, Neighborly, Dominoes

WACO, Texas, Sept. 8, 2023 /PRNewswire/ -- Neighborly ®, the world's largest home services company, announced today with profound sadness the sudden and unexpected passing of its President and CEO, Mike Bidwell.

Key Points: 
  • WACO, Texas, Sept. 8, 2023 /PRNewswire/ -- Neighborly ®, the world's largest home services company, announced today with profound sadness the sudden and unexpected passing of its President and CEO, Mike Bidwell.
  • All of the Neighborly associates and franchise owners around the world mourn his loss and extend heartfelt condolences to the Bidwell family, including his wife, children and grandchildren.
  • Bidwell, 65, has been a part of the Neighborly family for almost 40 years.
  • Bidwell embodied the company's Code of Values built on Respect, Integrity, Customer Focus and Having Fun in the Process.

Kian Capital Launches PARC Auto Platform with Acquisition of Leading Meineke Franchisee

Retrieved on: 
Thursday, August 17, 2023
Finance, Automotive, Consulting, Other Automotive, Professional Services, Automotive Manufacturing, General Automotive, Manufacturing, Franchising, Learning, Maintenance, Partnership, MAACO, MML Capital Partners, Business, Meineke, Meineke Car Care Centers, History, Acquisition, DRVN, Growth, Retail, Car dealership

Kian Capital Partners, a lower middle market focused private investment firm, announced today that it completed the acquisition of a leading Meineke Car Care Center franchisee in partnership with management to establish a new platform in the general automotive repair space called PARC Auto.

Key Points: 
  • Kian Capital Partners, a lower middle market focused private investment firm, announced today that it completed the acquisition of a leading Meineke Car Care Center franchisee in partnership with management to establish a new platform in the general automotive repair space called PARC Auto.
  • PARC Auto is currently comprised of 15 Meineke automotive care centers in the Louisville, Kentucky metropolitan area.
  • The Company’s success has been driven by its high-quality service, strong customer satisfaction, leading operational performance and attractive and modern facilities.
  • Meineke is part of the Driven Brands (NASDAQ: DRVN) portfolio of leading automotive services businesses, including Take 5 Oil Change, Maaco, Fix Auto USA and CARSTAR.

Capriotti's Sandwich Shops Named One of America's Fastest-Growing Companies by Inc. Magazine

Retrieved on: 
Tuesday, August 15, 2023
Franchising, Fast casual restaurant, Movers and Shakers, International Franchise Association, Rank, Marketing, Shakers, Mayo, AUV, Gold, Cranberry sauce, Growth, Fast food, Capriotti's

LAS VEGAS, Aug. 15, 2023 /PRNewswire/ -- Capriotti's Sandwich Shop (Capriotti's), the award-winning fast-casual sandwich franchise, announced today that it has been recognized for the second consecutive year on Inc. Magazine's annual Inc. 5000 list, the most respected ranking of the nation's fastest-growing private companies. Since landing on the list for the first-time last year, Capriotti's climbed nearly 300 spots to come in at No. 4,367 on this year's list.

Key Points: 
  • Since landing on the list for the first-time last year, Capriotti's climbed nearly 300 spots to come in at No.
  • Earlier this year the International Franchise Association (IFA) named Brenda Torres, franchisee of Capriotti's in Santa Clarita, California, as Franchisee of the Year for 2023.
  • Capriotti's AUV remains impressive with the top performing locations coming in at $1.8M while Wing Zone's top performing shops boast an impressive $1.9M.
  • This includes The Bobbie, the shop's acclaimed best-seller, made with homemade turkey, cranberry sauce, stuffing, and mayo on a soft roll.

WellBiz Brands Inc. Hosts UNITED Conference in Las Vegas Showcases A Plan for Unstoppable Growth

Retrieved on: 
Tuesday, June 27, 2023
Franchising, Massage, The Mirage, Culture, Element, 4T – Vietnam Youth Education Support Center, María José Cristerna, The, Eye, Service, History, We Fit Together, Trust, Knowledge, Radiant, Social media, Hotel, Drybar

DENVER, June 27, 2023 /PRNewswire/ -- WellBiz Brands Inc., the pre-eminent beauty and wellness franchise platform, recently recognized top franchisees and service providers at its annual UNITED conference at the Mirage Hotel in Las Vegas. The WellBiz Brands portfolio includes Amazing Lash Studio®, Drybar®, Elements Massage®, Fitness Together® and Radiant Waxing®.

Key Points: 
  • DENVER, June 27, 2023 /PRNewswire/ -- WellBiz Brands Inc. , the pre-eminent beauty and wellness franchise platform, recently recognized top franchisees and service providers at its annual UNITED conference at the Mirage Hotel in Las Vegas.
  • The WellBiz Brands portfolio includes Amazing Lash Studio® , Drybar®, Elements Massage® , Fitness Together® and Radiant Waxing® .
  • WellBiz Brands Inc. recognized top franchisees and service providers at its annual UNITED conference in Las Vegas.
  • "At WellBiz Brands, we are laser-focused on providing world-class experiences for every guest.

Home-Based Estate Sale Franchises Skyrocket: Grasons Offers Golden Opportunity for Entrepreneurship

Retrieved on: 
Tuesday, June 20, 2023
Sale, Interface (computing), Baby boomers, Franchising, Freedom, Multimedia, Real estate, C. Gus Grason

By tapping into the rising demand for estate sales and business liquidation services, Grasons is offering entrepreneurs a profitable, sustainable, and exciting business model.

Key Points: 
  • By tapping into the rising demand for estate sales and business liquidation services, Grasons is offering entrepreneurs a profitable, sustainable, and exciting business model.
  • Grasons, recognized as a compassionate solution provider during these crucial times, is capitalizing on these growing markets.
  • IBISWorld predicts the estate sale industry's revenue will grow at an annual rate of 3.7% to $4.4 billion by 2025.
  • The low startup costs and flexibility make an estate sale franchise an excellent fit for a home-based business.

Potbelly Strengthens Senior Management Team

Retrieved on: 
Monday, June 12, 2023
Metromedia Restaurant Group, Human resources, Restaurant, University, Senior, Potbelly Sandwich Shop, Culture, Checkers, Champaign–Urbana metropolitan area, Vanderbilt University, PepsiCo, Attitude, Human, CFE, Pizza Hut, Acquisition, National Restaurant Association, Growth, Burger King, Character, Education, Management, Psychology, Franchising, Potbelly

CHICAGO, June 12, 2023 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ: PBPB), the iconic neighborhood sandwich shop, today announced two strategic appointments to its corporate leadership team. Industry veteran Lynette McKee, CFE has been named Senior Vice President of Franchising, overseeing all aspects of franchisee recruitment and sales. Patrick Walsh joins Potbelly as Chief People Officer and will oversee and lead the brand’s People team and human resources across the company.         “Franchise-focused development is one of our five strategic pillars to drive long-term profitability and growth,” said Bob Wright, president and CEO of Potbelly. “Lynette’s deep expertise in the franchising space and her proven ability to build and execute successful franchising strategies at major restaurant brands will be invaluable as we continue to scale the Potbelly brand nationwide. We are thrilled to welcome her to the team and look forward to working together to execute against our long-term growth strategy.”

Key Points: 
  • CHICAGO, June 12, 2023 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ: PBPB), the iconic neighborhood sandwich shop, today announced two strategic appointments to its corporate leadership team.
  • Industry veteran Lynette McKee, CFE has been named Senior Vice President of Franchising, overseeing all aspects of franchisee recruitment and sales.
  • Patrick Walsh joins Potbelly as Chief People Officer and will oversee and lead the brand’s People team and human resources across the company.
  • “Franchise-focused development is one of our five strategic pillars to drive long-term profitability and growth,” said Bob Wright, president and CEO of Potbelly.

BurgerFi International, Inc. Names Carl Bachmann as CEO

Retrieved on: 
Tuesday, May 30, 2023
Franchising, Executive, Director of Operations, Senior, Bachmann, Marketing, BurgerFi, Food safety, Channel (digital image), Entrepreneurship, EBITDA, Restaurant, Smashburger, Knowledge, Growth, Ruby, Management, Video game, Operation

FORT LAUDERDALE, Fla., May 30, 2023 (GLOBE NEWSWIRE) -- BurgerFi International, Inc. (Nasdaq: BFI, BFIIW) (“BurgerFi” or the “Company”), owner of leading fast-casual brand BurgerFi and the casual dining pizza brand Anthony’s Coal Fired Pizza & Wings, recently attracted industry veteran Carl J. Bachmann from a larger burger chain and appointed him as CEO for their organization.

Key Points: 
  • FORT LAUDERDALE, Fla., May 30, 2023 (GLOBE NEWSWIRE) -- BurgerFi International, Inc. (Nasdaq: BFI, BFIIW) (“BurgerFi” or the “Company”), owner of leading fast-casual brand BurgerFi and the casual dining pizza brand Anthony’s Coal Fired Pizza & Wings, recently attracted industry veteran Carl J. Bachmann from a larger burger chain and appointed him as CEO for their organization.
  • “Carl brings a wealth of experience and knowledge in the restaurant space that will be valuable for our enterprise.
  • Prior to joining BurgerFi, Bachmann served as President for Smashburger, the Denver-based chain that specializes in custom burgers.
  • I’m honored to take on this leadership role and help guide the organization into an exciting future.”
    For more information about BurgerFi, visit www.BurgerFi.com .