SCOTTSDALE, AZ --- GE Capital's Franchise Finance business announced today that it has provided financing to an affiliate of Roark Capital Group for the acquisition of Miller's Ale House, a 65-unit casual dining chain based in Jupiter, FL with approximately $300 million in system-wide sales. GE Capital served as administrative agent, with GE Capital Markets serving as joint lead arranger and joint bookrunner.
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Les chaînes de restaurants de l'Ouest continuent à se déplacer vers l'Est, l'immobilier et la marque demeurent des facteurs cruciaux
TORONTO (Ontario) --- Voyez grand ou rentrez chez vous. C'est le message que font passer les cadres supérieurs des services de restauration canadiens lorsqu'on les interroge au sujet des pratiques exemplaires pour les restaurants comptant s'installer dans de nouvelles régions.
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Provides speed and flexibility for hotel acquisitions
SCOTTSDALE, AZ --- GE Capital's Franchise Finance business announced today that it has provided a $45 million real estate-secured revolving credit facility to new customer Platinum Hospitality Management, an affiliate of Platinum Companies. Based in Hermitage, TN, a suburb of Nashville, Platinum operates several premium-branded, select service hotels under the Marriott, Hilton and Intercontinental brands.
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New restaurant survey also shows Alberta fastest-growing market, Baby Boomers fastest-growing demographic
MONTREAL (QC) --- Diners could see intensifying price competition and the addition of even more healthy food options to menus over the next year as well as the introduction of novel restaurant concepts, according to a new survey of Canadian foodservice executives. As restaurant visits by families continue to decline, these changes may be centered around demographic shifts brought on by the mass retirement of Baby Boomers.
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SCOTTSDALE, AZ --- GE Capital, Franchise Finance recently provided $11.3 million to Ghai Management Services, a Burger King franchisee. The funding was used for the acquisition of six Taco Bell locations in Northern California.
"We have long ties to GE Capital, Franchise Finance," says Sunny Ghai, owner, Ghai Management Services. "We appreciate the support they provided to expand our portfolio with the Taco Bell brand in our existing markets."