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Surviving Disruption: How New COVID-19 Legislation Can Assist the Restaurant Industry

Modern Restaurant Management

The CARES Act corrects a drafting error contained in the Tax Cuts and Jobs Act of 2017 (TCJA), retroactively making QIP 15-year property that is eligible for 100 percent bonus depreciation.

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MRM Franchise Feed: Virtual BBQ and Pieology in China

Modern Restaurant Management

Six units throughout Irvine, Orange and Tustin. Two units in Los Angeles. “Since launching the franchise initiative in October 2019, we have been energized by the interest and excitement from experienced multi-unit operators who want to get involved with the brand,” said Bill Phelps, CEO of Dave’s Hot Chicken.

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MRM Franchise Feed: Currying Up Favor and Committed Taco

Modern Restaurant Management

Adams first joined the company in 2017 as chief financial officer. “Our efforts have been focused on building a scalable foundation to support our aggressive growth strategy, while ensuring we stay true to the brand’s heritage of hospitality, quality and operational excellence. Seeking multi-unit operators across the U.S.

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MRM Franchise Feed: Greek from Greece Grows and Hearts Afire for Mac & Cheese

Modern Restaurant Management

We have experience building companies with multi-unit operations and look forward to applying significant resources and pursuing numerous growth avenues, including opening new restaurants and identifying select acquisitions, that will further expand this outstanding brand.” Nathan's Teams with Kitopi.

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MRM Franchise Feed: Krystal Refranchising and Pieology in China

Modern Restaurant Management

The Krystal Company plans to refranchise approximately 100-150 company-owned restaurants to well-capitalized multi-unit operators as part of its ongoing business and fleet revitalization. In addition to Melt Shop restaurants, Smith and his team operate 28 Five Guys locations across the greater Philadelphia area.

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MRM Franchise Feed: Frictionless QDOBA and Crisp & Greens Goes National

Modern Restaurant Management

“Our new formats are incredibly attractive to today’s multi-unit operators, who are looking for chef-driven food quality at a lower investment than a traditional QSR. designed with high-rent urban areas in mind. With drive-thru equipped buildouts as low as 1,200 sq.

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MRM Franchise Feed: CPK’s Franchise Momentum and Rex’s Rebuilds

Modern Restaurant Management

” The plan was to patiently solidify Rex’s operational structure and in 2017 David and Camille opened the first franchise location in Bixby, Okla. The Bixby location has an average unit volume of $1.2M So, when we had the chance to purchase it in 2007, we jumped on the opportunity.”

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