While breakfast, brunch and lunch specialist First Watch said it hopes to setp up franchising efforts, the 85-unit chain said the continuing lack of access to capital would continue to pose challenges. The concept, which is 95-percent company-operated, recently signed up franchisees to develop First Watch in Oklahoma City, Milwaukee, Iowa and north central Florida. It also inked a development deal this week calling for the first location in Nashville, Tenn., by the middle of 2011. Over the ...

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