When Your Investor is a Customer: Downtown Eateries Report on Trend

September 4, 2013 by Leave a Comment

Sometimes your next investor is a customer. In the Financial District of Manhattan, several eateries are finding the area is a great breeding ground for scaleable concepts, DNAinfo reports.

You’re surrounded by successful enterprises: since 2010, Potbelly Sandwich Shop, Clarke’s Standard, Chickpea, Red Mango, Crisp, Chop’t, Dig Inn, Yushi, Terri, GRK, Hot Clay Oven, Pret a Manger, Roti and Chipotle have opened in the area.

Hopeful operators are taking note. New fast casuals that are presenting a great product can catch the eye of customers looking for investment and business opportunities.

Filed Under: Local Market Buzz, Trending Now Tagged With: ,

Expansion: Calexico Signs Franchise Deal

August 9, 2013 by Leave a Comment

There’s a continued growth spurt underway for Calexico, the NYC-based Mexican fast casual. With the popularity of their trucks, standalone shops, and concessions, their success has seen them sign their third multi-unit franchise deal of 2013. The new deal is a 10-unit deal for Long Island and Queens, neighboring the brand’s home market of Manhattan.

Read the full story at FastCasual.

Filed Under: Local Market Buzz, Operations Tagged With: , ,

U.S. Franchises Enjoying New Growth Abroad

July 12, 2013 by Leave a Comment

CNN Small Business reports that U.S. franchises are enjoying newfound interest and success abroad, as the hard-hit U.S. economy has made domestic expansion harder.  U.S. franchises are growing decidedly faster abroad than they are in the United States, where growth was flat at best between 2010 and 2012.

At the franchise expo in New York City this year, one fifth of attendees were from foreign countries, including Kuwait, Peru, Bangladesh, China, and the United Arab Emirates.

The increased interest and opportunity for growth has allowed U.S. franchises to demand more favorable terms from franchisees, as well, such as requiring them to open multiple units.

For the full story, click here.

Filed Under: Global Market Buzz, Trending Now Tagged With: , ,

Insights on Running a Western Business in China

December 27, 2012 by Leave a Comment

Western concepts are expanding rapidly in China, but an operator who folded last year after realizing how difficult it was to operate there has written a tell-all.

Four years ago in Beijing, Wen-Szu Lin and his business partner, both Wharton MBAs, opened Auntie Anne’s Pretzels, a U.S.-based chain with more than 1,200 locations in 46 states and 23 countries. The stores closed last year, however, and Lin has recently published a book, “The China Twist,” describing the various incidents they faced while running a Western concept in China.

Filed Under: Global Market Buzz Tagged With:
«Previous Page