Franchises

Annual profit, revenue rise for Noble Roman’s

March 14, 2012
Noble Roman's saw royalties and fees from traditional franchises decrease last year, but royalties and fees from non-traditional franchises increased, and the company saw more growth from take-n-bake products.
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Mike's Carwash ownership trial gets under way

March 12, 2012
Scott Olson
The private company and principals Bill and Mike Dahm are defendants in the lawsuit brought by Jerry Dahm, a cousin who once owned 35 percent of the company and claims he was forced to sell his shares at a discounted rate.
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Ryan's, Old Country Buffet parent files for bankruptcy

January 20, 2012
 IBJ Staff and Associated Press
Buffets Restaurants Holdings, which operates at least three restaurants in the Indianapolis area, has filed for Chapter 11 bankruptcy protection for a second time and plans to close 81 underperforming eateries.
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Edible Arrangements franchisee opens third locationRestricted Content

January 7, 2012
Ann Finch
Retha Parsley owns three franchises for Edible Arrangements, a fruit-bouquet-delivery business, including a new downtown location that also sells in-store dipped fruit, fruit smoothies and fruit parfaits.
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CEO: Steak n Shake poised for global growth

December 13, 2011
Scott Olson
In his annual letter to shareholders, Sardar Biglari says he has commitments for 110 new franchises and thinks the Indianapolis-based restaurant chain could take its concept overseas.
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Sky Zone trampoline center bounces into Fishers

December 12, 2011
Scott Olson
Sky Zone, a franchised all-trampoline indoor recreational complex operated by Jeff Mast, opens Monday in Fishers at Cumberland Road and East 121st Street, just south of Interstate 69.
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Airport snags growing eyebrow boutiqueRestricted Content

October 15, 2011
 IBJ Staff
Simply Eyebrows is joining Indianapolis International's heralded collection of retailers.
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Buffalo Wild Wings franchisee sells 16 area restaurants

September 21, 2011
The Indianapolis-based Franchisee Group sold the area restaurants to Consolidated Wings Investment LLC in Greenwich, Conn., led by the former president of the Papa John's pizza chain.
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New tenant commits to take former Jillian’s space downtownRestricted Content

September 17, 2011
 IBJ Staff
Tilted Kilt, a chain of Celtic sports pubs known for its scantily clad, kilt-wearing waitresses, will take over the spot at the northeast corner of Meridian and Georgia streets.
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Rally's planning to add up to 30 local restaurants

September 7, 2011
Cory Schouten
The owner of the drive-through focused burger chain Rally's, which got its start in southern Indiana, hopes to double the number of locations in the Indianapolis area.
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Jack in the Box revives local expansion pushRestricted Content

September 3, 2011
 IBJ Staff
The burger chain has applied for zoning approval to build a restaurant near 16th and Meridian streets, just south of CVS drugstore. It would be one of 10 stores it plans to open here.
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Circle Centre wants Cinnabon out of mall

August 29, 2011
Scott Olson
A lawsuit filed by the downtown Indianapolis mall accuses Cinnaworks LLC, a franchisee of Cinnabon, of failing to pay its $6,751-per-month rent.
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LEADING QUESTIONS: Fast-food guru digs philanthropy

August 17, 2011
Mason King
LQ Brown watch vidfeoWhat formative experience helped inspire a Taco Bell franchisee to donate well over $1 million to youth charities? What was his biggest bonehead mistake in business? Charlie Brown has answers.
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Steak n Shake reports higher same-store sales

August 15, 2011
Same-store sales grew during the fiscal third quarter 4.9 percent, helping revenue during the three-month period climb 4.5 percent, to $165.2 million.
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A few restaurants close as other eateries, retailers plan growthRestricted Content

July 23, 2011
 IBJ Staff
Among the casualties is the downtown restaurant Hue and Carmel's The Glass Chimney. El Rodeo, Eggshell Bistro and Hotcakes Emporium are among those opening locations in the area.
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Massage franchise expanding Indiana presence

July 13, 2011
Scottsdale, Ariz.-based Massage Envy plans to open nine new locations in Indiana in the next year. Five of those should be in the Indianapolis area.
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Frozen yogurt hot item on local retail sceneRestricted Content

May 21, 2011
Marc D. Allan
Frozen yogurt businesses are sprouting up all over the Indianapolis area, with owners hoping to cash in on the public’s appetite for what they perceive as a healthy treat.
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Noble Roman's first-quarter profit, revenue tick up

May 11, 2011
 IBJ Staff
Revenue at Noble Roman's Inc. inched up in the first quarter as the Indianapolis-based franchisor continued to grow its take-and-bake pizza operation in grocery stores.
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J.D. Byrider sold to private equity firm

May 3, 2011
Scott Olson
The Indianapolis-based used-car chain has been acquired by Altamont Capital Partners near San Francisco, in a deal Byrider executives say will give the franchisor the necessary capital to grow.
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Insurer coveted by Biglari sold to another firm

April 21, 2011
Scott Olson
Steak n Shake's parent company, Biglari Holdings, twice tried to acquire Fremont Michigan Insuracorp Inc. before the insurer agreed to be sold to Michigan-based Auto Club Insurance Association. Biglari, which owns nearly 10 percent of the insurer's shares, nevertheless was a winner in the sale.
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New York firm wins Steak n Shake ad account

March 29, 2011
Indianapolis-based restaurant chain selects Kirshenbaum Bond Senecal & Partners as agency of record for its $18 million advertising account, ending about two years of uncertainty surrounding its marketing efforts.
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Annual profit, revenue shrink for Noble Roman's

March 15, 2011
 IBJ Staff
The Indianapolis-based pizza franchisor saw declining results from its restaurants, but got a boost from its growing line of take-and-bake products.
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Retail chain Family Leisure finding new identityRestricted Content

March 12, 2011
Cory Schouten
Recreational product superstore Family Leisure changed its name from Watson's two years ago, but it could take years before the company led by Kevin Prefontaine builds the kind of brand equity tied up in the old name.
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Blockbuster selling movie-rental chain to creditors

February 22, 2011
 IBJ Staff and Bloomberg News
The bankrupt chain will immediately close 609 stores. The company declined to comment on whether any of the 20-some stores in the Indianapolis area will be among the casualties.
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Judge tosses Noble Roman's franchisee claims

February 21, 2011
Cory Schouten
Noble Roman's Inc. has won a pivotal courtroom victory in a battle with 14 former franchisees of its dual-branded Noble Roman’s Pizza and Tuscano’s Italian Style Subs restaurants.
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