Making the Grade with Non-Traditional Restaurant Sites: Airports, Colleges and Pop-ups/Kiosks

There has been a great deal written about nontraditional restaurant sites (NTS), but not about their economic viability. While traditional restaurant sites are defined as stand-alone, inline or first floors of hotels and office buildings, the definition for NTS is very fluid—“traditional restaurant sites” are about the only thing excluded from its definition. The shortage […]

Legal and Financial Thoughts for The Top 200

As you can see from the Monitor’s annual Top 200 ranking of the largest franchisees, a significant share are multi-concept operators. Multiple concepts seem to be the trend and a way for the large multi-unit operators to grow. They usually start out with a core concep such as Applebee’s, Burger King, or, in general, QSR […]

A Fair Approach to Franchising

As franchisees become more sophisticated, they are more discerning when choosing that next opportunity. Assembled with the help of my partner, Jim Wahl, below is a checklist of the key elements franchisors need to offer when they set out to create a successful system for both parties. 1. Unit Economics—The unit economics must be clear […]