Restaurant Finance Across America
Archived postings from December, 2009...
Are bankers being stingy?
Posted: Fri, December 18, 2009 at 6:08am (CST)
President Obama is telling banks to lend. Economist Edward Lotterman talks about why they are not lending.
Edward Lotterman, St. Paul Pioneer Press December 17, 2009
Deal Flow Picks Up: Brinker Sells 21 Company Chilli's Stores to New Franchisee
Posted: Mon, December 14, 2009 at 1:31pm (CST)
Brinker international announced the completion of a refranchising transaction. The company said it sold 21 franchised Chili\'s restaurants for proceeds of $19 million to Muy Mucho Group, L.P., a new franchisee. The stores are located in Nebraska, Kansas and Missouri.
Brinker International Press Release 12/14/2009
Papa Johns Pizza announces franchise fees waived for new stores
Posted: Thu, December 03, 2009 at 6:57pm (CST)
Papa Johns has announced a program where franchisees who open a new store by November, 2010 pay no franchise fees. Also included are big discounts on ovens and a zero percent royalty rate for 12 months if the store is opened by June 30th.
Papa Johns Web Site December 3, 2009