FAT Brands acquiring GFG Brands in $442M deal
Marking the largest restaurant acquisition of 2021, FAT Brands is buying Global Franchise Group — the parent company of Round Table Pizza, Great American Cookies, Hot Dog on a Stick, Marble Slab Creamery and Pretzelmaker — in a $442.5 million deal with Serruya Private Equity Inc. and Lion Capital LLP.
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Ghost Kitchen Conference Buzz
It is easy for a conference organizer to talk about how great a conference was, but it is more powerful to get testimonials from actual attendees. Check out this selection of LinkedIn posts from those attending the Ghost Kitchen Conference. It is so great to see the enthusiasm. And a bit humbling. We are so pleased that attendees found it worthwhile.
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Domino's Launches Carside Delivery 2-Minute Guarantee
Domino's is launching a new guarantee. Domino's Carside Delivery 2-Minute Guarantee is simple: order Domino's Carside Delivery online, check in when you arrive, and as soon as your order is ready, a Domino's team member will head to your car in less than two minutes or your next pizza is free. But that's not all.
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Applebee’s and IHOP Parent Plans For ‘Restaurant Renaissance’
Peyton plans to grow IHOP and Applebee’s in three ways: Same-store sales, adding new restaurants and exploring new sources of revenue, such as ghost kitchens. There are five Applebee’s ghost kitchens being launched and managed by franchisees in the U.S., for example, as well as ghost kitchens in the works in the Middle East by franchisees of both brands.
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Capriotti's and Wing Zone Ready to Accelerate Growth
Capriotti's Sandwich Shop and Wing Zone are continuing their nationwide expansion with an impressive second quarter which follows first quarter's signings to bring 30 new Capriotti's shops and 30 Wing Zone locations to communities across the country.
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Ghost Kitchens Take Root in Dubuque
Bennigan’s On the Fly, an offshoot of Irish-themed restaurant chain Bennigan’s, set up shop in the Holiday Inn in February. MrBeast Burger, a restaurant concept popularized by YouTuber MrBeast, took up residence in Red Robin, 2775 Northwest Arterial, in May.
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In Ancient Mesopotamia there were already "Dark kitchens"
This is the case of the é-Muhaldim for this we have to place ourselves a little before the Paleobabilonic period, during the brief Sumerian Empire of your III (2150-2000.C BC), in the archaeological excavations carried out some tablets appeared that tell us about a place of difficult translation, the"é-Muhaldim"that we could identify as a central kitchen or a"Dark kitchen".
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Ghost Kitchens and the Future of Real Estate
A few years ago, the term ‘ghost kitchen’ sounded like something you’d find in a scary movie. But the rapid rise of this new type of property provides some useful lessons about investing in real estate over the long term.
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Trend Talk session 3: Roadmap to Growth
A Ghost Kitchen is always in flux: the menus change, the clientele grows, expansion plans emerge. In the third Trend Talk, we show how to be properly positioned for growth, what to consider when it comes to kitchen equipment and how successful others are on the road.
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UK: Dark Kitchens: Flash in the Pan or Here to Stay?
Data released from CGA’s Hospitality at Home Tracker showed that delivery and takeaway sales were 273% higher in May 2021 when compared to May 2019, a huge figure that had fallen slightly from a massive 345% year-on-year increase on April’s figure. Despite the hospitality market reopening in May, takeaway and delivery sales accounted for half (49.7%) of the restaurant and pub sales despite 91% of restaurants reopening as indoor hospitality was allowed once more from the 17th May (Source: Local Data Company).
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Belgium-based Deliverect Plots North American Growth
Fresh off a recent $65 million funding round, Belgium-based Deliverect is moving into the North American hospitality market with expectations that delivery volumes still have significant growth ahead, partially fueled by the explosion of ghost kitchens and virtual restaurants.
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Latin America: A growing business model
Thus, given the intermittency to its operations, the restaurant sector saw home deliveries as an alternative to the fall in its revenues. However, many of them did not have previous strategies to help contain this demand and in this way dark kitchens, which were already gaining popularity in London, England, began to gain ground in Mexico.
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