Not one, not two, but SIX restaurant chains are being sold right now. With a lot of market activity occurring around chain restaurants, what better time to take a look at how this will affect the industry than now?
On this episode of the Happy Mouth podcast, restaurateur Philip Camino and chef Nyesha Arrington delve into the recent buying of these chains and what factors likely led to these purchases. They also discuss the impacts this may bring about for the industry.
Listen to Philip and Nyesha discuss the recent buying of chain restaurants:
- Since SweetGreen and Krispy Kreme deals, 6 more deals have been announced.
- June 24th: Lee’s Famous Recipe Chicken is being sold to Artemis Lane Partners.
- June 25th: BBQ Holdings plans to purchase Village Inn and Bakers Square for $13.5 million.
- Fat Brands plans to acquire Global Franchise Group for $442.5 million.
- June 30th: Panera will sell Au Bon Pain to the Ampex Brands Family of Companies.
- July 1st: The largest franchisee of Jack in the Box will buy Taco Cabana for $85 million.
- July 2nd: Logan’s RoadHouse will buy J. Alexander’s and sister concepts for $220 million.
- Causes: Operator fatigue, increased sales, long-time deals, and low interest rates.
Links:
Restaurant Business - Everybody is Buying Chains Right Now
Restaurant Business - Logan’s Roadhouse Parent Agrees to Buy J. Alexander’s for $220M
Restaurant Business - Jack In The Box’s Largest Franchisee Agrees to Buy Taco Cabana for $85M
Restaurant Business - Panera Bread Sella Au Bon Pan to a Yum Brands Franchisee
Restaurant Business - Johnny Rockets Owner Is Buying Global Franchise Group for $442.5M
Restaurant Business - Lee’s Famous Recipe Chicken to be Sold to Artemis Lane Partners
Restaurant Business - Famous Dave’s Parent is Buying Village Inn and Bakers Square
We have a lot more content coming your way! Be sure to check out our other shows:
Popular Podcasts
New Heights with Jason & Travis Kelce
Football’s funniest family duo — Jason Kelce of the Philadelphia Eagles and Travis Kelce of the Kansas City Chiefs — team up to provide next-level access to life in the league as it unfolds. The two brothers and Super Bowl champions drop weekly insights about the weekly slate of games and share their INSIDE perspectives on trending NFL news and sports headlines. They also endlessly rag on each other as brothers do, chat the latest in pop culture and welcome some very popular and well-known friends to chat with them. Check out new episodes every Wednesday. Follow New Heights on the Wondery App, YouTube or wherever you get your podcasts. You can listen to new episodes early and ad-free, and get exclusive content on Wondery+. Join Wondery+ in the Wondery App, Apple Podcasts or Spotify. And join our new membership for a unique fan experience by going to the New Heights YouTube channel now!
The Breakfast Club
The World's Most Dangerous Morning Show, The Breakfast Club, With DJ Envy, Jess Hilarious, And Charlamagne Tha God!
Fudd Around And Find Out
UConn basketball star Azzi Fudd brings her championship swag to iHeart Women’s Sports with Fudd Around and Find Out, a weekly podcast that takes fans along for the ride as Azzi spends her final year of college trying to reclaim the National Championship and prepare to be a first round WNBA draft pick. Ever wonder what it’s like to be a world-class athlete in the public spotlight while still managing schoolwork, friendships and family time? It’s time to Fudd Around and Find Out!