Modern Restaurant Management
APRIL 8, 2020
Funds can be used to pay fixed debts, payroll, accounts payable, and other bills. The CARES Act corrects a drafting error contained in the Tax Cuts and Jobs Act of 2017 (TCJA), retroactively making QIP 15-year property that is eligible for 100 percent bonus depreciation. The interest rate for these SBA loans is 3.75
Modern Restaurant Management
NOVEMBER 1, 2019
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. In addition to Melt Shop restaurants, Smith and his team operate 28 Five Guys locations across the greater Philadelphia area.
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Modern Restaurant Management
OCTOBER 22, 2020
“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. Off-premise sales now account for 81% of the business, including digital, marketplace and to-go orders.
Modern Restaurant Management
NOVEMBER 20, 2019
” 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 Bixby location has an average unit volume of $1.2M So, when we had the chance to purchase it in 2007, we jumped on the opportunity.” Krystal Eyes Revitalization.
Modern Restaurant Management
JANUARY 17, 2020
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. Adams first joined the company in 2017 as chief financial officer.
Modern Restaurant Management
MARCH 13, 2020
We have experience building companies with multi-unit operations and look forward to applying significant resources and pursuing numerous growth avenues, including opening new restaurants and identifying select acquisitions, that will further expand this outstanding brand.” Nathan's Teams with Kitopi.
Modern Restaurant Management
SEPTEMBER 15, 2020
” When Andrew Cherng began serving on the Dean’s Global Advisory Board in 2017, a partnership between the Cherngs and the college quickly developed—one that was rooted in a shared vision. This is Atar Capital’s seventh platform acquisition since 2017. Financial terms of the agreement were not disclosed.
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