MOD Pizza announced July 10 that Elite Restaurant Group is its new owner, following rumors it was exploring bankruptcy or a sale.
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Customizable concept 1000 Degrees Pizza has a new owner, commercial real estate investor Amandeep Judge, who says the 21-unit brand "has an incredible amount of untapped potential."
Atlanta-based private equity firm Roark Capital acquired Mathnasium, a math learning center franchise with more than 1,000 locations in 46 sta…
After being a consumer of Hand & Stone Massage and Facial Spa for a decade, franchising veteran John Teza took over the leadership reins f…
Club Pilates retains its spot at the top of this year’s Fast & Serious list, but Urban Air Adventure Parks is nipping at its heels as that brand debuts on our ranking at No. 2. An investment from MPK Equity Partners in 2018 is helping fuel Urban Air’s rapid expansion, says CEO Michael Browning, who co-founded the franchise in 2011 and touts “revolutionary” initiatives such as a membership program for driving sales. Some franchisees have a different view, but the brand grew systemwide sales by nearly 293 percent over three years, to $216 million in 2019. Read more from Browning and check out strategies from the other 39 companies on this list in our exclusive research project that identifies sustainably growing brands.
Customized pizzas are cooked to order in less than 10 minutes in a high-temperature oven.
Pieology CEO Gregg Imamoto encourages franchisees to adapt the model to their local markets.
Pieology’s many topping options will appeal to Chinese consumers, says franchisee Ben Tsen.
As it turns attention toward global growth, Pieology wants franchisees who are able to operate the fast-casual pizza franchise without a lot of hand-holding, which is exactly what TZG Partners was looking for in the brand it would bring to China.