He said hes still refining his pie business, and he and his staff are working on new concepts as well. The Mac Tools training program consists of classroom and field-based sales training at our headquarters to ensure that you have all the tools you need to establish and run a successful route sales business. SSCP is a family operated company, led by the father Sunil, son and President Chris Dharod, and daughter Puja, principal and director of SSCP. Dallas, TX (RestaurantNews.com) SSCP Management, Inc., based in Dallas, recently acquired a group of Applebees restaurants across the state of Virginia, putting its total number of SSCP-owned-and-operated Applebees locations at 80. After hes made the rounds of some of his businesses, Tankel will sometimes stay in town for dinner appointments at restaurants he doesnt own. Here's How He Did It He bought his first Applebee's 20 years ago, and since then has redefined what's possible in the franchise industry. He became an Applebee's franchisee in 1985. We offer detailed franchise research and contact data reports. It reported $1.1 billion in sales from 501 Burger Kings and 240 Popeyes. Principal Owner (s) Operating Entities. Despite hesitation by some franchisees to participate, the promotions were associated with a major increase in traffic at some locations, and prompted the chain to offer similar promotions later on. [17], In 2013, the chain faced an uproar on the Internet after firing a waitress who posted a picture of a customer's receipt that had a rude note written on it objecting to a required gratuity, and then poorly handling their response to the incident. The company has been scrutinized over fake reviews and criticized by customers who had trouble getting refunds. So, perhaps taking on an Applebee's franchise could become a wealthy investment. Hes the guy that gets the least attention and, in my view, is the most important because if we dont have dishes we cant serve food., While there he samples new menu items, as well as franchise staples like the babyback ribs. Atlanta-based RMH Franchise Holdings Inc. sought chapter 11 . Rated 0 out of 5. Consecutive year winner of multiple awards: Fastest Growing Franchise, Top 100 Franchise, Franchise 500, and more. When you have a licensed premisesliquorpeople walk in lambs and turn into lions while theyre drinking, says Tankel. The Applebees deals initially were both supposed to close April 15. Tankel says he takes this call every single day, even while on vacation, to keep abreast of everything going on. To get a sense of what a successful restaurant franchisee goes through on a daily basis, we checked in with Zane Tankel, owner and operator of Apple-Metro, an organization that runs Applebees restaurants in the New York City area. "Thats where the challenge lies: How do you maintain operating discipline that is critically important to the small and midsize franchiseehow do you avoid losing that culture to a bureaucratic monster you need to run 600 stores," said Chris Kelleher, managing director at Auspex Capital. SSCP has been in the restaurant business for decades and joined the Applebees brand in 2008 when it acquired Applebees in Texas. This year, the top 200 added 7.2 percent in total units but added 8.4 percent in revenue, showing that with the right system, efficiencies emerge. Obviously, the pandemic put all that on hold.. His family has known Jim Stevens for decades. Nick knows the ins and outs of the restaurant business like no one else and can analyze an SEC filing, a bankruptcy case and a franchise disclosure document, too. [1] United States locations have steadily declined in recent years and as of December 26, 2022, there were 1,586 locations. Sale! The company began in 1997 when John Hewitt, co-founder of Jackson Hewitt, acquired, U&R Tax Depot. This web page shows only a small excerpt of our Applebee research. Shares of Dine Brands, which owns Applebee's and IHOP, surged more than 12 percent Thursday, to $99.49, after the company's fourth-quarter results showed signs of an unmistakable comeback at . Email notifications are only sent once a day, and only if there are new matching items. If you ever go to sell, will you please call us? he asked. Successfully Completes the Acquisition of Applebee's International, Inc", "DineEquity, Form 8-K, Current Report, Filing Date Jun 2, 2008", "Applebee's, Form 8-K, Current Report, Filing Date Jul 16, 2007", "Applebee's Overnight Social Media Meltdown: A Photo Essay", "Big Op-Ed: When Private Comments Go Very Public", "Applebee's social media faux pas a 'learning experience', "Anger Directed at Applebee's Is More Likely to Hurt Than Help Workers", "US restaurant Applebees commits 'social media suicide'"", "Online Petitions Ask Applebee's to Rehire Waitress Chelsea Welch", "Applebee's Social Media Crisis: Should the Waitress Have Been Fired? This gives Dine - at a corporate level - a . 375,000+ . 3 on the list, Dhanani group added $229 million to eke into the billion-dollar club. dollars. units which successfully operate in the USA and other countries. Get verified contact details for owners of single and multi-unit franchises from top restaurant franchise brands in the United States. SSCPs Applebees locations now span from California to Virginia, with its Texas home tucked perfectly in between. Auto franchisor Driven Brands started with the founding of Meineke and Maaco, by different people, in 1972. / Photograph: Shutterstock Another 116 words (8 lines of text) covering the years 1300, 1617, 1407, 1397, 1404, 1488 and 1563 are included under the topic Early Applebee History in all our PDF Extended History products and printed products wherever possible. There have been four key things: Refranchising, capital, technology and culture. | Rewind & Capture", "12 things you didn't know about Applebee's", "10 Things You Didn't Know About Applebee's", "Humble origins of 10 favorite restaurants", "Hoover's Company Locations and Addresses: Applebee's International, Inc", "A Shift in Dining Scene Nicks a Once-Hot Chain", "Applebee's, Form 8-K, Current Report, Filing Date Dec 5, 2007", "IHOP Corp. Applebee's restaurant at Times Square in New York. "Our approach and our culture has been pushing decision-making as far down as you can. After he joined in 2002 and took over leadership in 2011, I started wanting to grow.. The casual restaurant chain is booming with success and poised to grow when more pandemic restrictions lift, CNN Businessreports, and the company believes that its franchisees will directly benefit. Few, if any, operators are on the Restaurant 200 today that built all their restaurants. We are extremely excited to greet our neighbors in Virginia, serving delicious food while creating the ideal dining experience where warmth, stellar service and bold flavors are a given.. and multi-unit chain franchises. Applebee's is the largest casual dining chain in the world with sales of $4.7 billion in 2006. [44] The band's song "Chicken Fried" has also been featured in a Applebee's commercial; in February 2022, Applebee's pulled its advertising from CNN after an incident where an inappropriately timed split-screen commercial break featured live footage of the 2022 Russian Invasion of Ukraine shown alongside the ad. Now, as all but two of the top 15 operators run multiple brands, getting that culture in place is all the more important. $ 249 $ 199 Download; Panera Franchisee Owners List. As such, we routinely review our restaurant owners contact lists to ensure all franchisee contact information is accurate and up-to-date. We have three ideas right now in the hopper.. Revenue among the 200 operators has grown at a compound annual rate of 8 percent since 2009, compared to 4 percent for the overall industry. Started with Play It Again Sports, the company changed its name to Winmark in 2001 after an eight-year stint as Grow Biz International. Now that's Eatin' Good in the Neighborhood. Applebee's allows investors to set up numerous franchises though (according to Applebee's website), meaning that operators have the chance to multiply their earnings by operating more than one restaurant. For companies that did not respond to our survey, we confirmed the number of units operated by their company, and then estimated the revenue. He was an athlete in high school and college, and even spent ten years as an amateur mountain climber. Tankel got into the Applebees business in his fifties when he and his business partner, Roy Raeburn, opened their first location on Staten Island in 1994. Yum acquired The Habit in January 2020. Hes also a commentator on Fox Business News. About Us; Our Brands; . The company actually dates back to the founding of Mosquito Joe in 2012. Our goal is to make our guests want to experience more! Purchase Price (US$ millions) Owned Since. Its not uncommon for different businesses to be owned by a parent company. Best Life Brands was created in 2019 as the umbrella organization for franchises focused on the well-being of clients at any stage of life.. The key to a strong culture is keeping it like it was when it was small, but with systems. With that, he said Thrive can really go as fast and as far as it wants. Access the latest list containing full contact details for owners of single-unit, regional developer. Winmark is a company that specializes in resale retail franchises, though its franchises do sell some new items as well. SSCP is an award-winning restaurant leader with over 400 restaurants nationwide including 80 Applebees, 45 Sonic-Drive-Ins, parent company of Roys fine dining, and franchisor of Cicis Pizza Buffet. While he loves the creativity that comes with new concepts, the franchise business is important to Thrive, too. Follow us: Instagram: @applebees To get a sense of what a successful restaurant franchisee goes through on a daily basis, we checked in with Zane Tankel, owner and operator of Apple-Metro, an organization that runs Applebee's . as the slogan appears at the bottom right of the screen. - In currency of the United Arab Emirates, the investment comes around AED 7,38 to AED 30,37 million. Call us direct at (855) 822-0912, Find Restaurant Owners Mailing Lists and Contact Info, Verified Contact Details for US Restaurant Franchise Owners, Rated Excellent on TrustPilot with feedback from 50+ customers, owners of single and multi-unit franchises. While that seems a small sliver, the group is beating the industry in growth. Copyright 1998-2023 Franchise Direct. They will discuss which restaurants did well and which did not, how sales are trending in a given month, which locations are in need of repairs or maintenance, and sometimes personal issues regarding employees. Established in 1980. Tankel has no end-of-day rituals to unwind, or put distance between himself and his work. His philosophy: Be different, then go big. 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