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Feb 17, 2012

FRANCHISE News, Feb 17, 2012


Franchise


The great franchise giveaway
StartupSmart
By Michelle Hammond The problem franchisors face in recruiting quality franchiseesisn'ta new one, but only recently have industry players begun to offer bold incentives, such as the reduction or elimination of fees. In December, pool and spa franchise ...
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Franchises: Don't go in half-baked
NEWS.com.au
Buying into a franchise begins at $5000 for start-ups and stretches beyond $1 million for established brands. New franchisees also have to pay brand royalty fees and a contribution to advertising and marketing - that can easily amount to 15 per cent or ...
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Famous Dave's Reports Full Year Results of $0.68 Per Share
MarketWatch (press release)
Comparable sales for franchise-operated restaurants increased 2.1% for the fourth quarter, and were flat for the full year period. Franchise royalty revenue for the fourth quarter of 2011 totaled $4.0 million, compared to $3.7 million for the ...
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Denny's Corporation Reports Results for Fourth Quarter and Full Year 2011
MarketWatch (press release)
Franchise operating margin increased $0.2 million to $20.9 million primarily due to the increases in franchise royalties and occupancy margin and decrease in directfranchise costs, which were partially offset by the decrease in initial and other fee ...
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The BCCI-Sahara patch-up in 10 points
NDTV
It had asked the BCCI to reduce their franchise fee because only 74 matches were played in the 2011 season as opposed to 94 as originally proposed by BCCI. 2). Sahara had requested that it be allowed to pay bank guarantee against the franchisee fee in ...
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Old enemy David Mooney's behind another franchise flop
Mirror.co.uk (blog)
By Andrew Penman on February 15, 2012 11:00 PM in Franchises Advanced Media Information Limited offered an opportunity to sell advertising space on touch-screen kiosks in hotel foyers, enabling guests to access local information. Franchises cost ...
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Domino's Pizza: great business, shame about the price
MoneyWeek
You only have to look at franchised businesses such as McDonald's and Holiday Inn to see the attraction of franchising. Franchisees pay royalty streams based on their sales back to the parent company, but they also have to deal with most of the costs ...
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MassageLuXe: Blending the Top Two Franchises Together!
Staugnews
When what is sold through a franchise system becomes available through other distribution channels that do not pay franchise fees, or over the Internet, franchiseeslose investment value. But MassageLuXe offers a service that will never be sold on the...
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Burger 21 Feasts on South Florida for Franchise Growth
Sacramento Bee
The initial franchise fee is $40000. However, a 20 percent discount is applied to allfranchises sold by June 21, 2012. Reduced franchise fees also apply for Area Development Agreements of four or more units. "As the economy continues to show signs of ...
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Standoff ends, Warriors retreat
Expressindia.com
While the board has directed Sahara to seek consensus among all other franchises on several issues, the Pune Warrior's appeal for an open auction next year wasn't considered as of now. The denouement to this fracas — which erupted after Sahara's ...
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Can I protect my business in divorce case?
Financial Times
Can I claim this back against the franchisee, assuming he neglects to take up these contracts? Will this be enough to terminate the contract and recover all initial costs? Unlike the US, England has no discrete franchise legislation.
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Ontario Court Allows Country Style Franchisee to Rescind Letter Agreement ...
JD Supra (press release)
A Country Style franchisee was granted judgment in the amount of $187730.05 plus pre-judgment interest for rescission damages udner s. 6(6) of the Arthur Wishart (Franchise Disclosure) Act, 2000 for the franchisor's failure to provide a disclosure ...
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Sahara and BCCI reach agreement; Pune to play in IPL
NDTV
The right to host the play-off matches is awarded to the finalists from previous edition, in this case Royal Challengers Bangalore. Sahara has also requested to furnish the Bank Guarantee against the Franchisee fee in two installments and the BCCI has ...
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Red Robin Gourmet Burgers Reports Results for the Fiscal Fourth Quarter and ...
MarketWatch (press release)
The targeted reduction in restaurant costs we announced in early 2011 with Project Red are being realized more quickly than we anticipated." Total Company revenues, which include company-owned restaurant sales and franchise royalties, increased 7.0% to ...
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Earnings Scorecard: Buffalo Wild
Zacks.com
Sales at the company-operated restaurants rose 36.4% to $202.9 million and franchise royalties and fees grew 15.3% year over year to $17.5 million. Same-store sales spiked 8.9% and 5.9% at the company-operated restaurants and franchisedrestaurants, ...
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Full Metro Business calendar for Feb. 13
Richmond Times Dispatch
Cost: free for members; $30 for pre-registered guests; $40 for walk-ins. To register: www.henricobusinessleaders.com. Details: Diane Munn, (804) 675-7502. "Retirement Planning and 401(k) Rollover Options," Merrill Lynch and William Kavanagh, noon, ...
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10-Q/A: GOOD TIMES RESTAURANTS INC
Middle East North Africa Financial Network
In September 2011 the company terminated a franchise agreement with a franchiseeoperating a Good Times restaurant in Longmont, Colorado. Restaurant operating costsas a percent of restaurant sales were 96.6% during the three months ended December 31, ...
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Phizzle Launches PhizzleBiz - Self-Service Mobile Marketing Platform for SMB's ...
San Francisco Chronicle (press release)
The PhizzleBiz platform, developed using the most sought after features from Phizzle's larger mobile platform utilized by Fortune 500 companies and national sportsfranchises, has been streamlined to meet the marketing and budgetary requirements of...
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What to Expect at The Franchise Show in Toronto
BeTheBoss.ca (press release)
Freshslice is a pizza franchise that produces an award winning multigrain dough. With a 0% royalty fee & a 0% marketing fee, you keep 100% of the profits of your business. FranNet's no-cost franchise matchmaking service helps would-be entrepreneurs to ...
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BeTheBoss.ca (press release)
Jollibee profit flat on input price surge
BusinessWorld Online Edition
... P3.21 billion last year amid a spike in input costs in the first semester, a figure only 0.5% higher than the P3.20 billion recorded in 2010, Jollibee said in a disclosure. Revenues, including net sales, royalties, and franchise fees, among others, ...
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Ruth's Hospitality Beats by a Penny
Zacks.com
During the quarter, restaurant operating expense as a percentage of restaurant sales, increased 10 basis points (bps) year over year to 50.9%, attributable to increased health insurance costs. Food and beverage costs expanded 110 bps to 31.6% owing to ...
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Revlon's CEO Discusses Q4 2011 Results - Earnings Call Transcript
Seeking Alpha
We achieved our fourth consecutive year of positive free cash flow and we improved our capital structure by refinancing our credit agreements, which lowered our cost of borrowing and extended maturities. Additionally, in April 2011, our credit rating ...
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Looking to Europe for news-industry innovation, Part 3: The Swiss ...
Nieman Journalism Lab at Harvard
Their model: low costs, high margins — a model that Gossweiler is nowfranchising. I spoke with him at last fall's WAN-IFRA World Newspaper Congress in Vienna. He spoke on an “Opportunities” panel there, one of his many speaking engagement spreading ...
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Nieman Journalism Lab at Harvard
Comcast's CEO Discusses Q4 2011 Results - Earnings Call Transcript
Seeking Alpha
We invested in our own stations. We extended the NHL and PGA rights, Purchased 100% of the Orlando theme parks, have some exciting film franchises launching in 2012. We invested to extend the Harry Potter franchise in several of our Theme Parks.
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Where there's a will there's a way to con
Portsmouth News
It's on a par with blocked drains and smelly toilets – a known fact of life, but a subject to avoid at all costs. Research shows that a staggering 60 per cent of people die without making a will, leaving it open season for the government to cash in on ...
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Portsmouth News
Alexander Language Schools, Franchise Alexander Language Schools info@als-alexander.org or interalex1@yahoo.com Products and Services Surrender the Heart (Surrender to Destiny)Alexander Dictionary of English Idioms: English-FrenchUnder the SunStealing JakeAlexander Dictionary of English Idioms: English-Swedish

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