MRM Franchise Feed: ‘Crafty’ and ‘Fresh’ Franchises and The DOGPPER

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise environment. 

Send news to Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com.

 

Crafthouse Secures $250M FundingVirginia-based Crafthouse secured more than $250 million dollars of funding to expand the brand nationwide. In addition to in-line or end cap locations, this development agreement with American Development Partners provides qualified franchisees with 100% financing to develop freestanding buildings for Crafthouse restaurants. 

American Development Partners' primary role will be to aid in the development of new locations, facilitate the acquisition of land and oversee construction of over 100 new Crafthouse franchise locations within the next five years. 

“As a former franchisee myself who knows what it takes to succeed in the restaurant industry, it’s very gratifying to create this opportunity for other business owners…