Another Broken Egg, Drake’s join local restaurant scene
Three others, including Granite City Food & Brewery, are adding to their number of Indianapolis-area locations.
Franchises
Articles
Local Ruth’s Chris franchisee takes aim at breakfast
The operator of the Ruth’s Chris Steak House locations in Indianapolis is delving into the breakfast business by acquiring the rights to open 16 Another Broken Egg restaurants. The first is slated to open in February on the north side.
Suzuki files bankruptcy, leaving U.S. market
The decision will affect two dealerships in the Indianapolis area: Bob Rohrman’s Indy Suzuki and Used Car Superstore and the Ray Skillman Westside Auto Mall, both of which sell new Suzuki vehicles.
Broncos’ Manning to own 21 Papa John’s pizza franchises
Peyton Manning will be introduced as the company’s newest franchisee in the Denver area during a television spot with Papa John’s Chief Executive John Schnatter on Sunday during the telecast of NBC’s “Football Night in America.”
HHGregg shares slide as company abandons Michigan plans
The stock price of the Indianapolis-based appliance and electronics retailer fell by more than 18 percent this week after the company disclosed that it is postponing plans to open stores in Michigan.
Court rules Steak n Shake broke pact with ad agency
A District Court in Indiana this week ruled that Steak n Shake in 2009 breached its $4.36 million contract with its former advertising agency, Georgia-based Varnson Group.
Noble Roman’s takes on take-and-bake format
Noble Roman’s Inc. has baked up an idea to expand its franchising opportunities nationwide and dramatically increase revenue. The Indianapolis-based pizza company is rolling out plans for a stand-alone, take-and-bake concept designed to rival Papa Murphy’s.
Steak n Shake loses appeal over franchisee’s pricing
A longtime Steak n Shake franchisee who sued the chain after it insisted on setting prices for menu items prevailed again Friday as the 7th Circuit Court of Appeals affirmed an Illinois federal court’s ruling in the franchisee’s favor.
Steak n Shake customer traffic up in latest quarter
Biglari Holdings Inc., parent of Steak n Shake, said Friday that customer traffic to the restaurant chain grew 2.2 percent during the quarter ended July 4, boosting same-store sales 2.9 percent.
Steak n Shake woos real estate pros
Steak n Shake made a big splash at the International Council of Shopping Centers deal-making convention in Las Vegas as it pushes an aggressive plan to grow via franchising.
Federal court to hear Steak n Shake franchisee appeal
The case involves an Illinois franchisee of Steak n Shake that successfully sued the company over its mandatory menu and pricing policies. The company’s appeal is set to be heard Wednesday by a federal appeals court in Chicago.
Signature Inns founder plans auto-care franchises
Honest-1 Auto Care hopes to open as many as 20 shops in Indiana over five to seven years and has tapped the founder of the Signature Inns chain to help lead the effort.
First-quarter profit, revenue flat for Noble Roman’s
The pizza franchisor earned $365,079 in the quarter ended March 31. But it continues to see more growth from take-n-bake products in grocery stores.
Noble Roman’s top investor loses Green Mountain chair
Green Mountain Coffee Roasters Inc. has stripped founder Robert P. Stiller of his position as chairman after he sold shares to meet a margin call at a time when the company’s trading policies prohibited such sales.
Popeyes plans new restaurants in Indianapolis area
Atlanta-based restaurant chain discloses most of the seven to nine new restaurants planned this year will be in the Indianapolis area.
Local Golden Corral locations change hands
Six area all-you-can-eat restaurants owned by Cincinnati-based Frisch's Restaurants Inc. will be sold to North Carolina firm.
Purdue graduate takes top job at McDonald’s
McDonald’s Corp. said Chief Operating Officer Don Thompson, who grew up in Indianapolis and graduated from Purdue University, will take over as CEO, becoming the first black chief of the world’s largest restaurant chain.
Annual profit, revenue rise for Noble Roman’s
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.
Mike’s Carwash ownership trial gets under way
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.
Ryan’s, Old Country Buffet parent files for bankruptcy
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.