The Wendy’s Company has completed its System Optimization initiative, launched in July 2013, with the sale of 104 restaurants in the Phoenix, Los Angeles/Palm Springs, Hawaii and Albuquerque markets. The buyers are franchisees, who are committed to restaurant growth and re-imaging along with the…
Acquires Four NY Franchises
Red Robin Gourmet Burgers Inc. has acquired four existing Red Robin franchised restaurants in the Upstate and Mid-Hudson areas of New York from Swan Concepts Inc. The wholly-owned subsidiary, Red Robin International Inc., has acquired the established casual restaurants at Halfmoon…
Emphasizing ‘Fresh, Never Frozen’
Though the use of fresh ingredients has been a long-standing practice, Pizza Boli’s is emphasizing it with a bold new ‘Fresh, Never Frozen’ symbol. “We just want to make sure our customers know that we take pride in the quality…
Chain Building on Entrepreneurial Principles
Earlier in March, quick casual Mexican food chain Bueno Y Sano opened an in-line 2000 square foot unit at the Riverside Shops center on Riverside St. at Dagget Dr. in West Springfield, Massachusetts. It is the sixth location for the…
Incorporates Renaissance Period Spit Cooking
Earlier in February, chefs Mark Gaier and Clark Frasier, of the Maine restaurants Arrows and MC Perkins Cove, opened M.C. Spiedo Ristorante & Bar at the Renaissance Boston Waterfront Hotel, a unique 4960 square foot concept that incorporates ‘spit’ or…
New VP Marketing at Bonanza & Ponderosa
In March, John Kelly joined Plano, Texas-based Homestyle Dining LLC as Vice President of Marketing to lead the marketing, advertising and communications efforts of the company’s Bonanza and Ponderosa Steakhouse family dining concepts. He will report directly to CEO Tom…
Sentinel Capital Partners Acquires Newk’s Eatery
New York-based private equity firm, Sentinel Capital Partners has announced the closing of its acquisition of Newk’s Holding Company, LLC, owner and operator of the Newk’s Eatery restaurant franchise. Terms of the purchase agreement were not disclosed. Newk’s Eatery is…
Firms Up a Wall Street Location
Neapolitan Express was introduced in New York City in 2012 as an eco-friendly food truck running solely on alternative fueling sources and serving a gourmet Neapolitan-style pizza. Based on its success, the mobile concept, operating on natural gas and solar…
Mosaic Buys 14 Arby’s Restaurants
Arby’s Restaurant Group Inc., has sold 14 company-operated restaurants in Tampa in Florida’s West Coast to Mosaic Investments Inc., a growing restaurant developer committed to investing in and growing the Arby’s brand. Based in Atlanta, Georgia, the fully integrated investment…
Char-Hut Kicks Off National Expansion
In late February, Char-Hut Franchising LLC, through a licensing agreement with Char-Hut of America Inc., completed the sale of the first Char-Hut restaurant franchise to Blankstein Investment Partners Inc. The unit is scheduled to open in July at the Coral…