Alabama-based Taziki’s Cafe is the third operator of Mediterranean restaurants to begin scouting locations for Indianapolis-area eateries in recent months.
The outlook is that bad for Steak n Shake, which in the first quarter racked up an $18.9 million operating loss. That’s on top of a $10.7 million loss for all of 2018.
Steak n Shake has closed dozens of company-owned restaurants since the beginning of the year, but says those closures are temporary while it looks for franchisees to take over their operations.
Chicago-based Naf Naf Middle Eastern Grill was established in 2009 and has 37 locations in multiple states. Indianapolis-based franchisee 316 Investments plans to open 10 locations around Indiana.
The 11-year-old Colorado-based restaurant chain expects to open its first Indianapolis-area location by the end of the year. Its menu includes gyros, falafel, kabobs and other Mediterranean fare.
An Indianapolis-based company that specializes in lending money to restaurant franchisees has filed suit against the operator of 70 fast-food restaurants in Indiana and three other states, claiming it breached its loan agreements.
A 43-year-old pizza chain with more than 100 restaurants in 22 states is planning its first foray into Indianapolis with a location near the airport. It also plans a Whitestown location early next year.
The best-known name in detergents is about to bring its fast-growing laundry-services business to the Indianapolis area after acquiring five local dry cleaning stores.
What's wrong with Steak n Shake? Sardar Biglari says a key problem is a failure to upgrade kitchen equipment and design, leaving the chain with “high-cost, labor intensive, slow service.”
All three establishments are set to open this month on Broad Ripple Avenue in former restaurant and bar spaces.
The company, which on Thursday reported better-than-expected sales in the U.S., faced criticism on Twitter Friday morning as customers reported problems with its popular smartphone app.
Dunkin' has a long way to go. Starbucks controlled 56 percent of U.S. coffee cafe sales in 2017, while Dunkin's share was 27 percent, according to a food industry research company.
The company is actively seeking franchisees to open stores in central Indiana and elsewhere in the state.
Hoosier franchisees say they’re seeing good results from the fast-food chain’s overhaul of its U.S. restaurants, an effort that includes self-ordering kiosks and other technology upgrades.
Indianapolis-based Steak n Shake announced a plan Monday to dramatically change its franchising model by letting “franchise partners” take over operations at company-owned restaurants.
The renovations, which will include the addition of more digital self-order kiosks, come as the company celebrates the 50th anniversary of the Big Mac.
The former Indianapolis Colts is looking to expand a local love for fried pickles and mixed drinks that he’s cultivated through his home-grown sports bar.
The owner of Gifts and Convenience, a shop in the downtown Embassy Suites by Hilton hotel, is the new franchisee for the mall cookie and desert shop, which closed early this year after a lawsuit from the landlord.
The commercial openings are part of the $1 billion Anson development, led by Indianapolis-based Duke Realty Corp.
The Canada-based coffee and doughnut chain had plans for at least five Indianapolis-area locations, but it already plans to shut down the first one after only a few months in operation.