Tuesday, January 24, 2006

McAlister's Deli Opens 200th Restaurant

A growing network of successful franchisees combined with the increasing popularity of McAlister’s Deli, and an acquisition by Roark Capital Group helped lead the chain to record-setting numbers in several categories in 2005.

Headquartered in Ridgeland, MS, McAlister’s opened 34 franchised restaurants in 2005. System wide sales reached a record-setting high of $205 million, an increase of 27 percent over 2004. McAlister’s also had eight individual restaurants surpass $2 million in sales, and two of those locations that exceeded $2.5 million. Continued growth is expected in 2006.

McAlister’s has been profitable in each of its 17 years with a fast-casual concept that produces average yearly sales of $1.3 million in its restaurants that encompass 18 states.

The company recently reached another milestone: The opening of the 200th restaurant in Starksville, Mississippi. Read all about it in the Starksville Daily Journal.

New Year's Resolution to Become Your Own Boss?

While it may not be as popular as resolving to lose weight or quit smoking, many people tired of the corporate grind have resolved to start their own business this year. A recent story in Maryland's Daily Times tells the stories of Signs by Tomorrow owner Jerry McClymont and FiltaFry owner Scott Brinsfield who both say this is one of the most important resolutions a person can make.

Mexican Chains Expanding in Phoenix

Salsa is now the number one condiment in America and franchisors of Mexican concepts are looking to capitalize on that. Check out a recent story in The Business Journal of Phoenix on El Taco Tote and Cantina Laredo's expansion plans for the area.