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Roark Capital Acquires Majority Stake in Dave’s Hot Chicken

Franchise Wire

Dave’s had seven restaurants in 2020, Franchise Times reported, but a June news release about Roark’s investment said Los Angeles-based Dave’s has now sold the rights to more than 1,000 franchise locations in Canada, the U.S., CNN cited Datassential Menu Trends research that crispy chicken on fast-food menus has grown 16% since 2021.

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Cooking Up Business Opportunities

Franchise Journal

As of 2023, there were an estimated 201,865 fast food restaurant businesses in the US, a figure expected to continue to increase with an expected compound annual growth rate (CAGR) of 5.1% Increases in food costs due to inflation and labor shortages also must be navigated. through 2027. What is your initial investment budget?

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Kyle Kuzma's Winning Play: Transforming the QSR Game with Mahana Fresh

Franchise Journal

He won an NBA championship with the Lakers in 2020 before being traded to the Wizards in 2021. Founded in 2019 by entrepreneur Dave Wood, Mahana Fresh is on a mission to revolutionize the QSR industry by offering a fresh, healthy alternative to traditional fast food.

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How Hourly Workers Differ From Salaried Workers

Scott Greenberg

They also skew younger, with the average age of fast-food workers in the U.S. The Reality of Hourly Workers Hourly workers, by contrast, frequently face less stable schedules and incomes, making their relationship with their employers more transactional. being just 24 years old.