Page 154 - Franchising News Today

Wicked Lick, a liquid nitrogen-crafted ice cream company, is looking to expand the Key West-based brand by awarding 10 licenses by years end. Including the franchise fee, the initial investment for a Wicked Lick location ranges from $211,500 to $341,200.…

Rasa, a fast casual Indian chain founded in 2017, has completed its first round of funding led by a female-founded growth equity firm, Rellevant Partners. The monetary amount was not disclosed. The funds will go toward opening locations in Washington,…

Lees Famous Recipe Chicken has inked its largest market development agreement in its history, according to a press release. NLM Enterprises LLC and new franchisees Noman Aiyash and Leo Gonzalez signed an agreement to open 12 restaurants over the next…

Showing the world that it condemns Russias attacks on Ukraine, Starbucks Corp. is closing all stores in Russia, joining several companies including McDonalds, Pepsi and Coca-Cola. "We continue to watch the tragic events unfold and, today, we have decided to…

The Halal Guys is celebrating its 100th store opening this month in Pittsburgh, Pennsylvania, by giving the first person to eat in all 100 locations free food for life. Although the brand started as a food cart in New York…

South Korea-based Bonchon, a Korean fried chicken concept with 115 U.S. locations, has signed an agreement with JSM Development LLC to open six stores in Maryland and Washington, D.C.

Penn Station East Coast Subs signed multiple new agreements in January with new and existing franchisees for a total of 49 restaurants in Indiana, Kansas City and Ohio. "This has been an exciting way to start the year and we…

California-based WaBaGrill has been testing a machine-learning algorithm that analyzed over 115,000 of its orders to collect nearly 260,000 individual data points. Designed by Koala, the platform used the data to help WaBa executives make smart, informed recommendations on re-orders.

Dae Gee Korean BBQ, a hybrid fast casual and full-service Korean barbeque concept blending Korean food tradition with American culture, has signed its first franchise agreement for the development of two restaurants in Amarillo, Texas. Owned and operated by local…

Texas-based Mooyah Burgers, Fries & Shakes is opening a location in Nashville with franchise partners Martin and Alfredo Arguello, a father-and-son team, who own and operate one Mooyah in the market. The restaurant will open in April 2022 at 1560 W.