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Popular Articles

The most-read analysis and research across QSR Pro. See what operators, franchisees, and investors are reading right now.

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finance
Finance & Economics

How to Open a Taco Bell Franchise

Taco Bell is the dominant player in Mexican-inspired QSR, with over 8,000 locations generating more than $13 billion in annual system sales. The brand has spent the last decade evolving from a late-ni

MAR 21, 2026 · 7 MIN READ
finance
Category:AllFinance & EconomicsIndustry AnalysisMarketing & GrowthOperations & ManagementPeople & CultureTechnology & Innovation
148 articles|645 total published
Finance & Economics

Tariffs Are Squeezing Restaurant Margins in 2026, and the Playbook Is Running Thin

A new wave of tariff-driven cost pressure is hitting restaurant operators at the worst possible time, with food costs up 40% over five years while menu price increases lag at 30%. With consumer spending softening and supply chains in flux, the traditional tools for protecting margins are losing their edge.

MAR 24, 2026 · 6 MIN READ
finance
Finance & Economics

California's $20 Fast Food Wage: One Year of Hard Data on Jobs, Prices, and Automation

One year after California raised its fast food minimum wage to $20 per hour, a UCSC study and franchise-level data reveal the real costs: 12% fewer labor hours at McDonald's locations, 8-12% menu price increases, and an acceleration of automation investment across major chains.

MAR 24, 2026 · 7 MIN READ
finance
Finance & Economics

Subway Under Roark Capital: Same-Store Sales Rising, but the Footprint Keeps Shrinking

Roark Capital paid $9.6 billion for Subway in 2023 and has since posted 12 consecutive quarters of same-store sales growth. Yet the U.S. store count has dropped below 20,000 for the first time in two decades. Understanding that contradiction is the key to understanding Roark's playbook.

MAR 24, 2026 · 9 MIN READ
finance
Finance & Economics

Private Equity's 2026 QSR Playbook: How Buyout Firms Are Reshaping Franchise Ownership

From Blackstone's $8 billion Jersey Mike's deal to a private equity consortium taking Denny's private for $620 million, 2025 was a banner year for restaurant M&A. Here's what the dealmaking tells us about where franchise ownership is headed.

MAR 24, 2026 · 9 MIN READ
finance
Finance & Economics

Fat Brands Sets April 3 Bid Deadline as 120+ Buyers Circle 18 Restaurant Chains

With a court-ordered sale process now live, more than 120 potential buyers are evaluating Fat Brands' 18 chains and 2,300-plus locations. CEO Andy Wiederhorn is out, the April 3 deadline is set, and franchisees are running out of runway to protect themselves.

MAR 24, 2026 · 8 MIN READ
finance
Finance & Economics

How Much Does a Firehouse Subs Franchise Cost in 2026?

Complete investment breakdown for Firehouse Subs franchises in 2026. Initial costs range from $379,000 to $1,392,000, with Inspire Brands offering $100,000 development incentives.

MAR 20, 2026 · 7 MIN READ
finance
Finance & Economics

Fat Brands Gets $184M DIP Financing as Court Ousts Wiederhorn Family: What the Management Purge and Bid Timeline Mean for 2,200 Franchise Locations

A bankruptcy court approved $184 million in debtor-in-possession financing for Fat Brands while simultaneously pushing out CEO Andy Wiederhorn and his three sons. With qualified bids due April 24 and an auction set for April 28, more than 2,200 franchise locations across 18 brands now face a compressed ownership transition timeline.

MAR 24, 2026 · 8 MIN READ
finance
Finance & Economics

How to Open a Dunkin' Franchise

Dunkin' has spent the last decade transforming from a regional donut shop into a national beverage-led, on-the-go brand. The rebrand from "Dunkin' Donuts" to just "Dunkin'" in 2019 signaled the shift:

MAR 21, 2026 · 7 MIN READ
finance
Finance & Economics

The Restaurant Profitability Paradox: 42% Lost Money in 2025 Despite Record Revenue

The restaurant industry is projected to hit $1.55 trillion in sales in 2026. But 42% of operators lost money last year. The gap between top-line growth and bottom-line reality is the defining challenge of this era in foodservice.

MAR 24, 2026 · 9 MIN READ
finance
Finance & Economics

Franchise M&A in 2026: Why Q2 Is Shaping Up as the Busiest Deal Quarter in Years

A wave of private equity dry powder, maturing PE hold periods, and a bankruptcy auction putting 18 restaurant brands on the block has the franchise M&A market tracking toward its most active stretch in recent memory. Here is what operators and investors need to know.

MAR 24, 2026 · 8 MIN READ
finance
Finance & Economics

Starbucks' Turnaround Paradox: Traffic Is Up, But 420 Basis Points of Margin Just Vanished

Brian Niccol's Back to Starbucks plan is driving traffic for the first time in two years. But North America operating margins contracted 420 basis points in Q1 FY2026, RBC Capital and Wolfe Research both downgraded the stock in one week, and the CFO admits two-thirds of the damage is labor spending with no clear end date. For restaurant operators everywhere, Starbucks is now the industry's most expensive case study in what turnarounds actually cost.

MAR 25, 2026 · 6 MIN READ
finance
Finance & Economics

Red Lobster Burns Through Cash as Post-Bankruptcy Turnaround Stalls

With $2.1 million in projected net income across 550 locations and results that Bloomberg calls 'little improved from before its bankruptcy,' Red Lobster's celebrated comeback may be more press release than reality.

MAR 24, 2026 · 6 MIN READ
finance
Finance & Economics

McDonald's Q1 2026 Preview: Winter Storms, Value Fatigue, and the Deceleration Debate

McDonald's reports Q1 2026 earnings on April 23. After a strong Q4 with U.S. comps up 6.8%, management already warned investors to expect a sequential slowdown. Here's what operators and investors should watch.

MAR 24, 2026 · 7 MIN READ
finance
Finance & Economics

Multi-Unit Franchise Operators: The Hidden Power Players Running QSR

Flynn Restaurant Group operates 2,600 locations. Sun Holdings runs 1,300. You've never heard of them, but they control more of QSR than most brands. Here's how the mega-operators are quietly taking over the industry.

MAR 20, 2026 · 10 MIN READ
finance
Finance & Economics

Denny's Just Went Private for $620 Million. Here Is What TriArtisan's Turnaround Playbook Looks Like.

Denny's completed its $620 million sale to a consortium led by TriArtisan Capital Advisors on January 16, 2026, ending nearly three decades as a public company. The deal loaded $335 million in new debt onto a chain already managing thin margins and declining traffic, and the buyer's track record with TGI Fridays and Hooters raises pointed questions about what comes next for 1,500 franchisees.

MAR 24, 2026 · 7 MIN READ
finance
Finance & Economics

The Restaurant-Grocery Price Gap Is Widening: What It Means for QSR Traffic in 2026

USDA projects food-away-from-home prices to rise 3.7% to 4.6% in 2026, while grocery inflation is forecast at just 1.7%. The widening gap is changing how middle-income consumers spend their food budgets, and QSR operators are caught in the middle.

MAR 24, 2026 · 7 MIN READ
finance
Finance & Economics

The Real Math on Alcohol in QSR: What Taco Bell's Cantina Shortfall Reveals

Taco Bell projected 300-plus Cantinas by 2022. About 50 exist in 2026. The gap between ambition and reality reveals why alcohol's 80% gross margins don't translate to QSR profits at scale, and why the real beverage opportunity is non-alcoholic.

MAR 28, 2026 · 9 MIN READ
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