Popular Articles

Freddy's Frozen Custard Changes PE Hands: What Serial Buyouts Tell Us About QSR Franchise Valuations in 2026

The $700 million sale of Freddy's Frozen Custard from Thompson Street Capital to Rhône Group is the latest in a string of PE-to-PE restaurant deals. Here's what these transactions reveal about how private equity values QSR brands in 2026.

Port of Subs Is Coming to Your City: The 450-Location Expansion That Could Reshape the Sandwich Wars

Port of Subs, a Nevada sandwich chain that's operated quietly in the West for five decades, has inked deals for more than 450 new locations nationwide. Backed by Area 15 Ventures and RE/MAX co-founder Dave Liniger, the brand is targeting markets where Subway is retreating and Jersey Mike's hasn't yet saturated the field.

How Much Does a Marco's Pizza Franchise Cost in 2026?

Marco's Pizza franchise costs range from $287,000 to $807,000. With 1,100+ locations and targeting 80+ new stores in 2026, the brand focuses on quality ingredients and Roma-style pizza.

RBI Insiders Dump $32 Million in Stock as QSR Hits 12-Month High

Five Restaurant Brands International executives sold 435,191 shares worth $31.83 million in a three-month window that coincided with QSR stock reaching its highest point in a year. The coordinated selling raises questions investors need to weigh against management's confident 2028 growth targets.

How Much Does a Church's Texas Chicken Franchise Cost in 2026?

Church's Texas Chicken franchise investment ranges from $644,366 to $1,808,972. With 1,600 global locations across 24 countries, the brand focuses on value-positioned fried chicken.

Restaurant Brands International's 2028 Growth Algorithm: Can Burger King, Tim Hortons, and Popeyes Deliver?

RBI has reaffirmed its target of 8%-plus organic operating income growth through 2028 and plans to return $1.6 billion to shareholders in 2026. With Burger King's turnaround still proving itself, Tim Hortons expanding internationally, and Popeyes moderating, the question is whether the math works.

The Restaurant General Manager Shortage Is the Real Labor Crisis of 2026

While the industry obsesses over hourly wages, GM salaries have surged 12% in a single year. The real labor crisis in QSR is not finding crew members. It is finding the experienced operators who can run a $2-3 million restaurant.

The CEO Burger War: How a Viral Video Turned Into Fast Food's Biggest Marketing Moment

McDonald's CEO Chris Kempczinski posted a promotional video for the new Big Arch that promptly went viral for all the wrong reasons. What happened next became a masterclass in competitive marketing opportunism, and somehow the burger still beat sales expectations.

The Company-Owned Advantage: Why Fast-Casual's Biggest Winners Are Rejecting Franchising

CAVA, Chipotle, and Sweetgreen built their dominance on full ownership of every location. Now Shake Shack is testing whether you can have it both ways.

Raising Cane's Opens Its 1,000th Restaurant on Hollywood Boulevard

Raising Cane's milestone 1,000th location on Hollywood Boulevard is more than a vanity number. It signals a brand with serious scale ambitions, a World Cup strategy, and a founder finally coming home.

The Drive-Thru Is Being Redesigned from the Ground Up

Multi-lane configurations, mobile pickup windows, AI-powered order verification, and accuracy scales are transforming the fast food drive-thru. After 75 years with essentially the same design, the industry's most important channel is getting a complete overhaul.

Oil Hits $107 a Barrel and Restaurants Brace for Impact: How the Iran Conflict Is Reshaping QSR Economics

QSR Diversity and Inclusion Report 2026

C-suite demographics, franchisee diversity, and DEI programs by chain. What's real vs performative, the wealth gap in franchise ownership, and which brands are actually changing.

The Protein Tariff Shock: How 25% Duties on Canadian Beef and Tripling Seafood Costs Are Forcing Menu Rewrites

Canadian beef now carries a 25% import duty, some seafood products have tripled in price, and the full cost wave hasn't hit yet. Here's what QSR operators need to know before the dam breaks.

Wingstop's Growth Paradox: Record Unit Openings Meet the Brand's First Same-Store Sales Decline in 22 Years

Wingstop opened a record 493 net new restaurants in FY2025 while posting its first domestic same-store sales decline in 22 years. Is this a cyclical correction, or is the brand growing faster than its own unit economics can absorb?

Bob Evans Gets a New Owner: 4X4 Capital's Bet on Comfort Food's Staying Power

New York PE firm 4X4 Capital acquired Bob Evans Restaurants from Golden Gate Capital in a deal announced February 5, 2026, closing the book on an unusually long 8-year hold for a private equity owner.

Sweetgreen's Sour Turn: Same-Store Sales Crater 11.5% as the Salad Bowl Bubble Deflates

Sweetgreen's Q4 2025 same-store sales plunged 11.5%, its stock sits 89% below IPO price, and closures are mounting. With CAVA surging and Noodles & Company shrinking, the fast-casual segment is splitting into clear winners and losers. Here is what went wrong and what operators can learn.

Culver's: the Midwest's best-kept QSR secret

1,000+ locations, $4.2M AUV, and a franchisee selection process tougher than most MBA programs. How Culver's grew without compromising ButterBurgers or frozen custard quality.