Firm's brands try franchisee incentives, express stores to spur growth
With lending still hard to come by, the restaurant brands owned by Roark Capital Group have implemented several strategies to facilitate franchise growth, said Steve Romaniello, managing director of the private-equity firm. In an interview with Nation's Restaurant News, Romaniello noted that while credit opportunities are beginning to open up, the lending terms are often too prohibitive for many franchisees. “We’re seeing lenders slowly trickling back, and there is more ...
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