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

Modern Restaurant Management

times the average monthly payroll costs during a specific period (calendar year 2019 for most). $10 Eligibility measures are calculated each calendar quarter, and once the employer's gross receipts exceed 80 percent of a comparable quarter in 2019, the employer, at the end of that quarter, would no longer qualify for the credit.

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MRM Franchise Feed: Currying Up Favor and Committed Taco

Modern Restaurant Management

After beginning his career at McDonald’s Corporation in 1981 as a store accountant, Haggis moved on to The Wendy’s Company, where he worked for nearly 30 years and served as senior vice president of finance and brand chief financial officer. From 2011 to 2019, Karel served as senior vice president for ARCOP, Inc.,

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

Modern Restaurant Management

ICV will combine the remaining DRH and JK&T Wings sports bars, which it acquired in October 2019, making the combined company the largest franchisee of BWW. ” In October 2019 ICV made a significant investment in JK&T Wings, a leading franchisee of Buffalo Wild Wings, in partnership with management. .”

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MRM Franchise Feed: Kitchen of the Future, Restaurant Sherpas and Dunkin’ Hirin’

Modern Restaurant Management

Recognizing the varying needs of entrepreneurs that are seeking different levels of involvement in the day-to-day operations of a restaurant franchise, the Teriyaki Madness team developed Restaurant Sherpas as a solution for absentee and semi-absentee franchisees across the nation. ” Showing Support. . ” Coolgreens Markets.

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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. ” The company began franchising in 2019, adding three new restaurants outside of its home-market of Oklahoma City.

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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. In 2019, Salata completed a rebrand, redesigned its stores and launched its tech suite and Tastemaker loyalty program.

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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 second opened in September 2019 in Broken Arrow, Okla. The Bixby location has an average unit volume of $1.2M Both locations have experienced record-breaking success.

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