Top Burger King franchisees are reinvesting in their stores and getting behind the brand’s new Sizzle design package as the system still grapples with bankruptcies and closures. Operators are “leaning into quality over quantity, Josh Kobza, RBI’s chief executive told investors, which “gives us confidence that we’re on the right path.”
Paul Edgerly of VantEdge Partners says many family offices are investing for the long haul.
Unbridled Capital’s Rick Ormsby notes family offices often look for a strong existing management team before investing in a franchise.
While many of their exact identities are still unknown, more family offices are emerging from the shadows to invest in franchising, taking stakes in huge franchisee operations such as GPS Hospitality, which is nearing 500 units across Burger King, Popeyes and Pizza Hut.
Husband Doug and I are empty nesters, and so we can come home from work on, say, a Wednesday, and decide to go grab a quick bite out. One restaurant we like to frequent has a F. Scott Fitzgerald vibe, with craft cocktails and appetizers like lobster deviled eggs. We sit at the bar. It's cozy.
Tom Garrett in his lofty Atlanta-area office where he takes on some equally lofty goals as CEO of GPS Hospitality.
These bobbleheads represent the 34 partners who share in the growth at GPS.
