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Important and exciting step in the Subway transformation 🇫🇷🇨🇿🇧🇪🇱🇺

📑 Great news in Europe! Today we can confirm the incredible Master Franchise Agreement signed between Subway and McWin Capital Partners #kudos for all the teams which make it possible 🙌 #subway #growth #buildingabetterSubway #emea #franchisebusiness

5 Australian Franchise Predictions for 2024 in Hospitality & QSR: 1. Experience Reigns Supreme: While convenience remains important, consumers will increasingly seek unique and memorable experiences in hospitality and QSR. Franchises offering personalised service, innovative concepts, and immersive environments may attract higher engagement and spending. Think themed restaurants, interactive dining, or personalised culinary experiences. 2. Delivery Gets Gourmet: Delivery demand may persist but with a twist. Consumers will crave premium quality and unique offerings delivered to their door. Expect upscale QSR brands venturing into delivery, along with gourmet meal kits or curated restaurant-quality delivery experiences. 3. Automation Steps Up Service: Labour shortages and rising wages may push QSR and hospitality franchises to embrace automation solutions. Self-service kiosks, robotic food preparation, and AI-powered customer service assistants may become more common, freeing staff for higher-value interactions. 4. Tech-Infused Personalisation: Technology may personalise the dining experience. Mobile apps for table reservations, order customisation, and loyalty programs will enhance convenience and build customer relationships. Consider QR code menus, AI-powered recommendations, or gamified loyalty programs. 5. Sustainability on the Menu: Eco-conscious consumers may gravitate towards QSR and hospitality franchises with sustainable practices. Locally sourced ingredients, biodegradable packaging, waste reduction initiatives, and energy-efficient operations may become important brand differentiators. Additional factors: Impact of tourism rebound: With international travel returning, expect tourist hotspots to see a surge in demand. Franchises catering to tourist preferences will benefit. Alcohol tax reform: Potential changes to alcohol taxes could impact beverage-focused franchises. Adapting menus and pricing strategies will be crucial. Focus on Indigenous experiences: A growing interest in Indigenous culture could create opportunities for franchises to offer authentic dining experiences or showcase Indigenous ingredients. Remember: Adaptability and innovation will be key for Australian hospitality and QSR franchises to thrive in 2024. Disclaimer: I am not a financial advisor and this is not financial advice. #indigenousculture #authenticfood #sociallyresponsiblebusiness #alcoholetax #beveragefranchises #businessadaptation #australiantourism #franchiseopportunities #touristdestinations #sustainablefood #ecofriendlyrestaurants #responsiblebusiness #restauranttechnology #automation #QSRtrends #fooddelivery #restaurantdelivery #premiumfood #restaurantexperience #hospitalitytrends #customerengagement #mobileapps #customerloyalty #personaliseddining Franchise Executives Franchise Council of Australia Sarah Retail Fest

Subway to expand footprint in Europe, South America Zachary Russell Chain Store Age Quick-serve sandwich giant Subway is touting its international expansion efforts. The company, which was recently sold to private equity firm Roark Capital for nearly $9.6 billion, says that over the past three years, it has signed more than 20 master franchise agreements, resulting in over 10,000 future restaurant commitments and contributing to over 40% of the brand's new restaurant openings this year. Seven of the 20 master franchise agreements have been signed in 2024, marking Subway's entry into Paraguay and Mongolia and significantly expanding its presence across France, the Czech Republic, Luxembourg, Belgium, Switzerland, Liechtenstein, Brazil, El Salvador and Guatemala. In total, Subway says these agreements will result in 2,000 future restaurant commitments, with more agreements expected before the year's end. The brand is on track to more than double the number of new restaurant openings in 2024, compared to 2019 (pre-COVID). "Subway's global growth strategy of partnering with well-resourced, experienced multi-unit operators is proving to be successful," said Mike Kehoe, global chief development officer at Subway. "By working with the right partners, we are making significant strides in modernizing our brand image with both new and remodeled restaurants, improving our overall guest experience, and growing digital sales." In addition to its international growth, Subway is also focused on strengthening its non-traditional business, which accounts for approximately one quarter of its global footprint. This includes signing new and expanded development agreements with convenience chain Love's Travel Stops, and strengthening long-term retail relationships with leading companies, such as Walmart and Aramark. Subway is also growing its presence in airports with franchise group Areas in Mexico and Spain, as well as on college and hospital campuses. "Subway's flexible format allows the brand to fit into various retail spaces, with low investment requirements, making it an ideal opportunity for a multi-unit franchisee or national partner looking to expand their portfolio," added Kehoe. https://lnkd.in/eq7dHsQw Subway has nearly 37,000 restaurants across more than 100 countries, making it one of the largest restaurants in the world.

Industry Insights: The Fast-Casual Dining Sector's Remarkable Growth in Franchising In the dynamic world of franchising, a seismic shift is underway, particularly in the food industry. The fast-casual dining sector, a vibrant blend of quick service and upscale culinary experiences, is experiencing a remarkable boom. In 2023 alone, this sector witnessed an impressive growth rate, signaling a significant transformation in consumer preferences and entrepreneurial focus. The Rise of Fast-Casual Dining The franchising landscape has long been dominated by quick-service restaurants (QSRs), which account for more than 20% of the Franchise 500®. However, the tides are turning. While QSRs continue to be a formidable force, the surge of new franchisors is predominantly in the fast-casual niche. This shift isn't just about numbers; it's a reflection of evolving consumer tastes and a desire for a more refined yet convenient dining experience. Competing on Quality and Atmosphere Legacy fast-food chains have perfected the art of speed and affordability. New entrants in the franchising arena are therefore carving out their niche by focusing on food quality and dining atmosphere. This approach is a departure from the traditional fast-food model, offering a more relaxed yet efficient dining experience that resonates with today's consumers who are willing to pay a bit more for better quality food and a pleasant environment. The "Build Your Own" Phenomenon A significant trend within the fast-casual sector is the "build your own" model. Pioneered by brands like Chipotle, this concept has revolutionized the dining experience. It allows customers to personalize their meals, from pizzas to sushi, ensuring a unique experience with each visit. This level of customization not only caters to diverse dietary preferences and allergies but also adds an element of fun and engagement to the dining experience. The fast-casual dining sector's growth in the franchising world is a testament to changing consumer behaviors and the adaptability of the food industry. As new players continue to enter the market, focusing on quality, atmosphere, and personalized experiences, we can expect this sector to maintain its upward trajectory. For entrepreneurs looking to make their mark in the franchising world, the fast-casual dining sector offers fertile ground for innovation and success. Phone: 404.806.8022 Email: [email protected] Let's connect and explore your potential for outstanding success! Schedule a meeting with me at https://lnkd.in/gaWqTVTS #FranchiseOpportunity #Franchise #BusinessOpportunity #Entrepreneurship #FranchiseBroker

I took a dive into some recent results from Culver's. Since 2019, the brand has opened 262 locations and should finish 2024 with just short of 1,000 restaurants. Meanwhile, stores are averaging nearly $3.5 million, which is significantly higher than pre-COVID, when the figure was $2.435 million. That $3.5M performance, going off last year's QSR 50, would trail only Chick-fil-A, Raising Cane's, Shake Shack, Whataburger, and McDonald's among the top 50 grossing quick-serves in America. And Culver's continues to do all of this without straying from its founder-led principles dating back to 1984—food made to order, hospitality first, and a commitment to employee care. Interesting how in this business, while never easy to execute at scale, brands often win by delivering on the ticks of hospitality guests have always cared about, no matter what crazy thing is going on in the world.

🔍 Facing delays in opening new franchise locations? FranConnect's comprehensive platform offers a solution to streamline operations, enhance training, and ensure timely openings. FranConnect customers experience 44% faster growth compared to competitors. Discover how we can transform your restaurant operations. 📈 Check out our latest article with QSR Magazine: https://lnkd.in/ejwx_2dR #FranchiseManagement #OperationalEfficiency #QSR #FranConnect

Subway to Expand in Europe & South America Quick-serve sandwich giant Subway is touting its international expansion efforts. The company, which was recently sold to private equity firm Roark Capital for nearly $9.6 billion, says that over the past three years, it has signed more than 20 master franchise agreements, resulting in over 10,000 future restaurant commitments and contributing to over 40% of the brand’s new restaurant openings this year. Seven of the 20 master franchise agreements have been signed in 2024, marking Subway’s entry into Paraguay and Mongolia and significantly expanding its presence across France, the Czech Republic, Luxembourg, Belgium, Switzerland, Liechtenstein, Brazil, El Salvador and Guatemala. In total, Subway says these agreements will result in 2,000 future restaurant commitments, with more agreements expected before the year’s end. The brand is on track to more than double the number of new restaurant openings in 2024, compared to 2019 (pre-COVID). “Subway’s global growth strategy of partnering with well-resourced, experienced multi-unit operators is proving to be successful,” said Mike Kehoe, global chief development officer at Subway. “By working with the right partners, we are making significant strides in modernizing our brand image with both new and remodeled restaurants, improving our overall guest experience, and growing digital sales.” In addition to its international growth, Subway is also focused on strengthening its non-traditional business, which accounts for approximately one quarter of its global footprint. This includes signing new and expanded development agreements with convenience chain Love’s Travel Stops, and strengthening long-term retail relationships with leading companies, such as Walmart and Aramark. Subway is also growing its presence in airports with franchise group Areas in Mexico and Spain, as well as on college and hospital campuses. Subway has nearly 37,000 restaurants across more than 100 countries, making it one of the largest restaurants in the world. https://lnkd.in/eWCt_9tH

🌊 The Post-Pandemic Shift: Owners and Operators Align for Success 💡 Post-pandemic, the hospitality industry is witnessing a powerful shift: greater alignment between owners and operators. Historically, their incentives haven’t always matched. Owners aim to maximize profits, while operators focus on guest experience and brand standards. But now, models like franchises and white-label operators are rising across the region, bridging the gap. In these models, owners maintain control of their assets while benefiting from the operator's expertise and systems. This creates a win-win situation where risks and rewards are shared more transparently, and both parties are more aligned in driving long-term success. The message is clear: when owners and operators collaborate effectively, everyone wins 🤝💯

By 2028, 92% of the Jack in the Box's (NASDAQ: JACK) approximately 3,045 restaurants are projected to be franchised, according to Visible Alpha consensus. Dive into the analysis: https://hubs.li/Q02mSZ0m0 #marketinsights