Franchise Times Magazine, Saint Anthony, MN (2025)

07/15/2025

Kirk Tanner, the CEO of Wendy’s, is leaving the burger brand on July 18 to become chief executive at The Hershey Company. Chief Financial Officer Ken Cook will serve as interim CEO while Wendy's Board of Directors searches for a permanent top executive.
https://bit.ly/44HmwEc

FT’s Picks of the Week highlight notable C-suite moves, brand milestones, tech tidbits and other franchise news, sourced by the Franchise Times editorial team.

07/15/2025

A 22-unit 7 Brew franchisee anticipates doubling its unit count by the end of the year following another private equity investment.

New York City-based Orangewood Partners invested an undisclosed amount in Motley 7 Brew, a group co-founded by Orangewood and Anchor Point Management Group.
https://bit.ly/3Gu7Z6N

Motley 7 Brew, co-founded by Orangewood Partners and Anchor Point Management Group, plans to double its unit count in the drive-thru coffee franchise by the end of the year.

07/14/2025

Paris Baguette is on a mission to reestablish interest in its neighborhood bakery-cafes.

Nick Scaccio, the company’s new chief development officer, has a couple ideas for how to make the dream a reality.

“Continuing to focus on our values, spread joy, nourish community, rise to the occasion and have heart have been at the core of what we do,” Scaccio said. “We’ve tried to stay true to that in terms of our growth and development.”
https://bit.ly/4lydxMn

Paris Baguette is on a mission to reestablish interest in its neighborhood bakery-cafes.

07/14/2025

Jeff’s Bagel Run, which started franchising last year, inked five franchise agreements for 24 stores in three states. In Indiana, franchisee Edmundo Lopez says he was impressed with the fresh-baked bagels and the integration of technology in operations.
https://bit.ly/461i5Xg

Jeff’s Bagel Run, which started franchising last year, inked five franchise agreements for 24 stores in three states. In Indiana, franchisee Edmundo Lopez says he was impressed with the fresh-baked

07/13/2025

A Wisconsin family searching for its next franchise opportunity found it in the dog wellness concept Scenthound. Following a successful run with Orangetheory Fitness, the husband-and-wife duo of Kevin and Tracey Scharnek, along with their daughter Riley, plan to open 10 units.
https://bit.ly/4ewB2TD

A Wisconsin family searching for its next franchise opportunity found it in the dog wellness concept Scenthound. Following a successful run with Orangetheory Fitness, the husband-and-wife duo of Kevin and

07/13/2025

Deal roundup! Below are the latest deals we've been keeping our eyes on:

- The recent merger and sale of multiple Neighborly® franchisees to private equity firm Prospect Partners forms a new platform called Complete Home Care Services.

- Thompson Street Capital Partners acquired Bubbakoos Burritos, a New Jersey-based franchisor of fast-casual Mexican restaurants.

- The Joint Chiropractic. closed a sale of 31 company-owned clinics in the southwest.

Click the link here to read about more trending deals this month:https://bit.ly/4lgxHe1

The recent merger and sale of multiple Neighborly franchisees to private equity firm Prospect Partners forms a new platform called Complete Home Services. The transaction included Pinkerton's Electrical Service, Major

07/12/2025

The United States Equal Employment Opportunity Commission accused a South Dakota Pita Pit franchisee of discriminating against a pregnant employee.

The commission sued QSR Pita USA in the U.S. District Court for the District of South Dakota Sioux Falls Division June 23. Paul and Adam Duerre own the business, which debuted in January 2023 and dissolved earlier this year, though its former locations are still open, according to the lawsuit. BubbaMax operates at least a substantial portion of QSR Pita’s business as of March.
https://bit.ly/4nFu0jM

The United States Equal Employment Opportunity Commission accused a South Dakota Pita Pit franchisee of discriminating against a pregnant employee.

07/12/2025

A North Carolina couple is bringing fast-casual salad concept Saladworks to their home state after signing a 10-unit franchise agreement this year.

Zack and Crystal Mixon signed their development deal with the brand in April. While they initially planned to acquire one unit, the Mixons and Saladworks shared a desire to grow the concept’s presence in North Carolina, a state with only one Saladworks location.
https://bit.ly/4egakPk

A North Carolina couple is bringing fast-casual salad concept Saladworks to their home state after signing a 10-unit franchise agreement this year.

07/11/2025

Youth Enrichment Brands, the parent company of School of Rock, US Sports Camps, i9 Sports and Streamline Brands, named Rob Price as CEO.

Price joined YEB upon its purchase of School of Rock in 2023 after a seven-year tenure as its CEO. Most recently, he served as president of YEB, where he led marketing and franchise growth across all brands and oversaw the swim and music business units. Prior to School of Rock, Price was president of Edible Arrangements.
https://bit.ly/40ChUOn

FT’s Picks of the Week highlight notable C-suite moves, brand milestones, tech tidbits and other franchise news, sourced by the Franchise Times editorial team.

07/10/2025

A year into her tenure as CEO, Colleen Keating and the leadership team at Planet Fitness have charted the next chapter for the largest gym brand in the United States.

It includes new floorplans for clubs and reestablishing partnerships with franchisees to reduce their capital costs.
https://bit.ly/44mVOC5

• Colleen Keating and her leadership team are rolling out new missions to drive sales, including providing a better balance of strength and cardio training.

07/10/2025

Clint Penfield is only three weeks into his newly appointed role as Smalls Sliders’ chief operating officer. Already, he’s starting to feel at home.

Penfield joined the burger concept last month after a year-long career hiatus exploring the restaurant industry and deciding his next move after more than 21 years at Raising Cane’s.

He said Smalls checked all his boxes.
https://bit.ly/4kMYhL3

Clint Penfield is only three weeks into his newly appointed role as Smalls Sliders’ chief operating officer. Already, he’s starting to feel at home.

07/09/2025

After a franchise consulting career spanning more than a decade, Tim Michaels is taking what he’s learned into his next venture as an Ideal Siding franchisee.

“It’s a steep learning curve,” Michaels said of the career change. “You know it’s going to be, but I think it’s always a little bit more than you think.”
https://bit.ly/4knCQQi

After a franchise consulting career spanning more than a decade, Tim Michaels is taking what he’s learned into his next venture as an Ideal Siding franchisee.

Franchise Times Magazine

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