Sardar Biglari Is Really Well Paid

How much is Sardar Biglari worth? More than most restaurant CEOs, apparently. The San Antonio investor and chairman of Biglari Holdings is one of the most well paid restaurant CEOs in the country, according to a list by the Economic Policy Institute.

Carrols Buys More Burger Kings

Carrols Restaurant Group today announced plans to buy 21 more locations in the Rochester, New York area for an undisclosed sum. That, plus a pair of other deals, signals that the franchisee is in a big acquisition mode.

Investors Turn Sour On Newly Public Restaurants

Investors have turned skeptical when it comes to the restaurant industry this year, at least when it comes to some recent IPOs. A large percentage of investors are betting that the stocks in Potbelly, Zoe's Kitchen, Papa Murphy's and Noodles will fall.

Did Darden Get Anything For Red Lobster?

Starboard Value once again hammered Darden Restaurants for selling low on Red Lobster. But now it's saying that the casual dining behemoth didn't get anything for the chain itself, not after you subtract taxes, the real estate value and other things.

June Sales Were Not Very Good

Remember when we thought that restaurant sales would improve with the weather? They haven't. Indexes from both Black Box Intelligence and Knapp Track showed real weakness in June. There are plenty of factors for why the restaurant industry appears to be losing ground.

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Franchise Times would like to introduce you to the lenders and real estate advisory sources that are targeting the restaurant industry.

 

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