Tim Ring Discusses Creative Capital, Terms and Tactics In Today’s Franchise Business

Tim Ring was one of the panelists discussing “Creative Capital, Terms and Tactics In Today’s Franchise Business” during the Franchise Times Dealmakers Week. The panel examined the capital structures that would work in an uncertain 2021 economy and described tactics, such as earnouts, to get a deal done when valuations diverge. Attendees learned best practices […]

John Remakel to Discuss Recent Trends in Restaurant Transactions

John Remakel will be a speaker at BDO’s Restaurant CFO Bootcamp, discussing “Strategic Transactions in the Restaurant Industry – Recent Trends and Structures.” The conference takes place in Orlando on October 18-20. John’s session will provide an overview of recent trends and activity in strategic transactions affecting the restaurant industry – including common structures for […]

My Take on the Top 200 Franchisees

(The article refers to the Restaurant Finance Monitor’s list of top 200 restaurant franchisees of 2017.) The Monitor 200 provides an interesting look at key franchisee operators who have a bearing on our industry and the financing world. The list over the last three years certainly has evolved, but many of the principals and the […]

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 […]

Monroe Moxness Berg Panel to Address Franchise Financing Puzzle

Monroe Moxness Berg will present a panel “Solving the Financing Puzzle” on March 15 at the Franchise Times Finance & Growth Conference in Las Vegas. The panel will consider how to use senior debt effectively in combination with other financing instruments – like leverage, subordinated debt, equity and others – to put together a successful […]

Why Are More Banks Getting Into Restaurant and Franchise Lending?

Last month we discussed why sophisticated investors like to invest in restaurants. This month, with the help of my partner Randy Evans, we are asking the question, “Why are more commercial banks getting into the restaurant franchise lending business?” Some notable banks have in the recent past expanded into restaurant franchise lending. A few examples […]