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Major acquisitions and investments involving Pizza Hut, Jiffy Lube, Nothing Bundt Cakes and other franchise brands are changing ownership and growth strategies across the industry.
A second concept can spread technology and back-office costs across more units, but the savings depend on what the two brands actually share.
Scott Oaks of Comfort Keepers says franchise founders should have real unit performance and a proven model in place before bringing in an outside investor.
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Private equity creates the greatest long-term returns when it strengthens franchisee support, operational systems and sustainable unit economics.
Private equity investors are weighing ESG initiatives by their impact on daily operations, efficiency, resilience and the long-term value of franchise businesses.
Bonchon enters its next phase with plans to strengthen its U.S. infrastructure and pursue measured growth across North America and other markets in the Americas.
Buying a franchise from another owner comes with some built-in familiarity, but the deal still has its own wrinkles for both sides of the transaction.