Houston — Shipley Do-Nuts has signed a franchise agreement with Hole Lotta Dough LLC to open 15 new units in Michigan. The agreement will bring Shipley Donuts to Oakland, Macomb and Wayne counties across the Metro Detroit area, with the first location targeted to open late in the first quarter of 2027. The agreement also establishes plans to open three additional shops per year for the next four years, resulting in 15 new stores over a five-year development period. In addition, Shipley announced it will enter Ohio with a three-unit franchise …
Restaurants
Scottsdale, Ariz. — Cold Stone Creamery plans to open between eight and 12 new locations in Michigan over the next four years, building on its existing footprint of 27 stores in the state. A new Cold Stone Creamery location is underway in Plymouth, a suburb of Detroit, and is projected to open this fall. An additional Michigan location has also been awarded to a franchisee and is in the early stages of development, the company said. Kyle Welch, whose ownership group operates four Cold Stone locations in Michigan, said the company …
Boston — Taiwanese beverage chain Gong cha has signed a 50-unit exclusive area development agreement in Texas with seasoned franchise operator Bakers Acres & Cattle Co (BACC). The agreement marks the largest direct franchising deal in Gong cha history. This deal follows Gong cha’s recent acquisition of master franchise rights for 170 U.S. locations across 13 states, including Texas. Under the 50-unit deal, BACC will further develop Gong cha’s presence across four major Texas markets over the next seven years, including Austin, Houston, San Antonio and Dallas. Since launching direct franchising …
Frisco, Texas — Layne’s Chicken Fingers has expanded its footprint to more than 50 operating restaurants and has signed two dozen franchise agreements. In the second quarter of this year, Layne’s celebrated its 50-restaurant milestone in its home state while also laying the groundwork for its California debut with a new 12-unit deal in partnership with tenured IHOP operators. Taylor Thomas, a multi-unit Layne’s and Whataburger franchisee, executed three restaurant openings in 60 days and signed a new agreement to develop 30 Layne’s locations across Oklahoma. Founded in 1994 in College …
Philadelphia — Rita’s Italian Ice & Frozen Custard is on track to double its 2026 new shop signings. Rita’s has experienced a 100 percent increase in franchise ownership inquiries compared with 2025. Driven by the brand’s real estate strategy, including second-generation restaurant conversions and drive-thru locations, the concept is expanding outside of its core Mid-Atlantic market to the Midwest and south-central United States. According to Rita’s, drive-thru shops generated 38 percent higher average gross sales in 2025 than comparable non-drive-thru locations. Founded in Bensalem, Pennsylvania, in 1984, Rita’s Italian Ice & …
Las Vegas — Capriotti’s Sandwich Shop is celebrating its 50th anniversary year by opening 12 new restaurants and awarding development rights for 30 additional locations. The year’s development activity has introduced Capriotti’s into several new markets, including Lake County, Illinois; Killeen, Texas; Tempe, Arizona; Southern Utah; Charleston, South Carolina; and Fort Wayne, Indiana, further expanding the brand’s national footprint as it works toward its long-term goal of 750 restaurants by 2032. Founded in 1976, Capriotti’s Sandwich Shop is a fast-casual restaurant brand with more than 150 locations across the U.S.
Chicago — Zaxby’s has signed a franchise agreement with a local entrepreneur to open seven new restaurants in Chicago. The development plans follow a separate multi-unit agreement signed in Chicagoland in 2025, along with the first restaurant in Plainfield, Illinois, earlier this year. Zaxby’s currently has more than 1,000 locations in 22 states and is headquartered in Atlanta.
Houston — Shipley Donuts has signed a three-unit franchise agreement in Cincinnati, marking its entry into Ohio. The deal is with Houston-based Koelache Co. LLC, which plans to open its first Shipley location in the first quarter of 2027, with the other two units expected to open through 2029. Founded in Texas in 1936, Shipley Donuts has more than 390 franchised and company-owned restaurants across 13 states.
Louisville, Ky. — Yum! Brands Inc., the Louisville-based operator of the Pizza Hut, Taco Bell and KFC franchises, has entered into an agreement to sell the Pizza Hut chain across two separate transactions with a combined value of $2.7 billion. LongRange Capital, a private equity firm based in Stamford, Conn., has agreed to purchase Pizza Hut outside of mainland China for approximately $1.5 billion. The company is financing its acquisition using funds from UBS Investment Bank. Yum China Holdings Inc., which is based in Shanghai and was spun off from …
Lexington, Ky. — PJ’s Coffee of New Orleans has signed a seven-unit license agreement with Steve Estepp, founder of Estepp Energy and Coffee Dudes LLC, to expand the New Orleans coffee brand throughout convenience stores in Central Kentucky. The company operates more than 13 convenience stores across Kentucky and is expanding its portfolio with complementary brands including Freddy’s Frozen Custard & Steakburgers, Little Caesars and now PJ’s Coffee. Alongside the company’s operating partner, Brendon Farrar, the group plans to introduce PJ’s Coffee to its stores through a combination of full cafés …