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In this edition of MRM Research Roundup, we feature news about an influx of catering orders, the topic of tipping, the rise of kiosks and affordable Michelin restaurants. Among the highlights: On or Off Prem Same-store catering transactions increased +71 percent in Q4 2023 compared to Q4 2022.
Ninety-four percent of operators are planning some form of expansion and more than half of the 600 U.S full service restaurants surveyed plan to introduce catering services. What can restaurateurs take away from the responses of their fellow operators? I hope they come away from reading the r eport with a sense of optimism.
. "To further support our franchise development initiatives, we will be working with Lynette McKee– an industry expert with over 30 years of experience in franchising – to identify franchise partners in targeted international markets and leading U.S. Boston Market, Darden Restaurants, Inc.
DRH is a strong platform and the company has solidified its position in a number of important markets. ” In addition to Quality Restaurant Group, Moe’s Southwest Grill is continuing with its aggressive expansion and is seeking single- and multi-unitoperators to join its successful franchise network.
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-unitoperators who want to get involved with the brand,” said Bill Phelps, CEO of Dave’s Hot Chicken.
“Florida is an ideal market for us because there is an unmatched synergy between the sunshine state and our hometown of New Orleans, especially when it comes to tourism,” said David Mesa, Chief Development Officer for PJ’s Coffee of New Orleans. PJ's Hopes to Open 187 Locations Throughout Florida in Next 10 Years.
Their growth in urban and suburban markets is impressive and is the result of great operations and focus on people development,” said Andrew Cherng, Co-Founder and Co-CEO of Panda Restaurant Group, the largest Asian dining concept in the U.S. “The market is still ripe for continued expansion and growth,” said Kapoor.
metro is extremely valuable right now, and we know that Taffer’s Tavern will be perfect for a high-quality conversion in this market.” Taffer’s Tavern has partnered with Fransmart, the global leader in franchise development, to bring the concept to the top 40 major media markets across the U.S. . “The D.C.
Market Cafe Powered by FOODWORKS is both a cost-effective, contact-free dining option, while simultaneously helping local restaurants and food artisans who were affected by COVID-19 get back on their feet and provide them with a way to restart their services. ” says John Cocker, FOODWORKS’s president.
Ike’s Love & Sandwiches made a strategic investment in Los Angeles phenomenon Bangin’ Buns with plans to expand the young concept across Southern California and bring the brand to new markets. The team currently operates over 80 Ike’s Love & Sandwiches locations across the United States.
Chicken Salad Chick restaurants offer dine-in, take-out, drive-thru and catering. We look forward to working with Scott and the Chicken Salad Chick team to build upon their success in the markets they serve.” Leading the Tampa expansion are Tammy and Brad Cochran of Tampa Bay CSC, multi-unit Chicken Salad Chick franchise owners.
The Krystal Company plans to refranchise approximately 100-150 company-owned restaurants to well-capitalized multi-unitoperators as part of its ongoing business and fleet revitalization. There are many markets that haven’t even heard of us yet. Krystal Eyes Refranchising. ” Coolgreens Turns 10.
Chick’nCone – the fast-craft restaurant concept famous for serving crispy, hand-cut chicken tenders in a freshly made waffle cone – is looking to capitalize on the growth it experienced throughout the course of the pandemic as it expands into new markets throughout the country.
Flippy ROAR hits the market with advanced cooking capabilities to quickly learn menu items, allowing operators to appeal to new customers and retain eaters with consistently cooked options. Additionally, Joy Lai has been promoted to Chief Operating Officer from her previous position as Chief Marketing Officer.
“As we begin our aggressive growth into new markets, there is no better partner than Meritage. Its commitment to quality has established the brand as the go-to restaurant in its markets. Our evolution has helped us become an even more appealing investment to large multi-unitoperators.
Now, we’re confident we have the right, deeply experienced partner in Samira Shariff to spearhead our entry into the market.” ” Samira Shariff brings nearly 40 years of experience building successful restaurant brands in Alberta as a multi-unit franchise owner and operator in Edmonton.
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