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Popular Articles

The most-read analysis and research across QSR Pro. See what operators, franchisees, and investors are reading right now.

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$20
Finance & Economics•March 2026

California's $20 Fast Food Wage: One Year of Hard Data on Jobs, Prices, and Automation

One year after California raised its fast food minimum wage to $20 per hour, a UCSC study and franchise-level data reveal the real costs: 12% fewer labor hours at McDonald's locations, 8-12% menu price increases, and an acceleration of automation investment across major chains.

Category:AllFinance & EconomicsIndustry AnalysisMarketing & GrowthOperations & ManagementPeople & CultureTechnology & Innovation
147 articles|645 total published
QSR Pro Staff
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7 min read
•13
Subway
Finance & Economics•March 2026

Subway Under Roark Capital: Same-Store Sales Rising, but the Footprint Keeps Shrinking

Roark Capital paid $9.6 billion for Subway in 2023 and has since posted 12 consecutive quarters of same-store sales growth. Yet the U.S. store count has dropped below 20,000 for the first time in two decades. Understanding that contradiction is the key to understanding Roark's playbook.

QSR Pro Staff•9 min read•13
2026
Finance & Economics•March 2026

How Much Does a Firehouse Subs Franchise Cost in 2026?

Complete investment breakdown for Firehouse Subs franchises in 2026. Initial costs range from $379,000 to $1,392,000, with Inspire Brands offering $100,000 development incentives.

QSR Pro Staff•7 min read•12
$184M
Finance & Economics•March 2026

Fat Brands Gets $184M DIP Financing as Court Ousts Wiederhorn Family: What the Management Purge and Bid Timeline Mean for 2,200 Franchise Locations

A bankruptcy court approved $184 million in debtor-in-possession financing for Fat Brands while simultaneously pushing out CEO Andy Wiederhorn and his three sons. With qualified bids due April 24 and an auction set for April 28, more than 2,200 franchise locations across 18 brands now face a compressed ownership transition timeline.

QSR Pro Staff•8 min read•12
Open
Finance & Economics•March 2026

How to Open a Popeyes Franchise

Popeyes Louisiana Kitchen has spent the last five years on a growth tear. The 2019 chicken sandwich launch wasn't just a viral moment. It fundamentally shifted the brand's position in the QSR chicken

QSR Pro Staff•7 min read•11
2026
Finance & Economics•March 2026

QSR Mergers and Acquisitions 2026: Who's Buying Whom

Inspire Brands, JAB Holdings, and Restaurant Brands International control 100,000+ locations. Private equity owns more QSR brands than ever. The consolidation wave shows no signs of slowing.

QSR Pro Staff•8 min read•11
Open
Finance & Economics•March 2026

How to Open a Jersey Mike's Franchise

Jersey Mike's Subs is one of the fastest-growing QSR brands in the country. The chain has grown from a regional East Coast concept to a national powerhouse, adding hundreds of locations annually and c

QSR Pro Staff•8 min read•10
2026
Finance & Economics•March 2026

McDonald's Q1 2026 Preview: Winter Storms, Value Fatigue, and the Deceleration Debate

McDonald's reports Q1 2026 earnings on April 23. After a strong Q4 with U.S. comps up 6.8%, management already warned investors to expect a sequential slowdown. Here's what operators and investors should watch.

QSR Pro Staff•7 min read•10
2026
Finance & Economics•March 2026

Franchise M&A in 2026: Why Q2 Is Shaping Up as the Busiest Deal Quarter in Years

A wave of private equity dry powder, maturing PE hold periods, and a bankruptcy auction putting 18 restaurant brands on the block has the franchise M&A market tracking toward its most active stretch in recent memory. Here is what operators and investors need to know.

QSR Pro Staff•8 min read•9
Open
Finance & Economics•March 2026

How to Open a Dunkin' Franchise

Dunkin' has spent the last decade transforming from a regional donut shop into a national beverage-led, on-the-go brand. The rebrand from "Dunkin' Donuts" to just "Dunkin'" in 2019 signaled the shift:

QSR Pro Staff•7 min read•9
42
Finance & Economics•March 2026

The Restaurant Profitability Paradox: 42% Lost Money in 2025 Despite Record Revenue

The restaurant industry is projected to hit $1.55 trillion in sales in 2026. But 42% of operators lost money last year. The gap between top-line growth and bottom-line reality is the defining challenge of this era in foodservice.

QSR Pro Staff•9 min read•9
2026
Finance & Economics•March 2026

Private Equity's 2026 QSR Playbook: How Buyout Firms Are Reshaping Franchise Ownership

From Blackstone's $8 billion Jersey Mike's deal to a private equity consortium taking Denny's private for $620 million, 2025 was a banner year for restaurant M&A. Here's what the dealmaking tells us about where franchise ownership is headed.

QSR Pro Staff•9 min read•9
420
Finance & Economics•March 2026

Starbucks' Turnaround Paradox: Traffic Is Up, But 420 Basis Points of Margin Just Vanished

Brian Niccol's Back to Starbucks plan is driving traffic for the first time in two years. But North America operating margins contracted 420 basis points in Q1 FY2026, RBC Capital and Wolfe Research both downgraded the stock in one week, and the CFO admits two-thirds of the damage is labor spending with no clear end date. For restaurant operators everywhere, Starbucks is now the industry's most expensive case study in what turnarounds actually cost.

QSR Pro Staff•6 min read•9
$620
Finance & Economics•March 2026

Denny's Just Went Private for $620 Million. Here Is What TriArtisan's Turnaround Playbook Looks Like.

Denny's completed its $620 million sale to a consortium led by TriArtisan Capital Advisors on January 16, 2026, ending nearly three decades as a public company. The deal loaded $335 million in new debt onto a chain already managing thin margins and declining traffic, and the buyer's track record with TGI Fridays and Hooters raises pointed questions about what comes next for 1,500 franchisees.

QSR Pro Staff•7 min read•7
2026
Finance & Economics•March 2026

Why QSR Franchisees Are Going Bankrupt in 2026: The Hidden Crisis

Across the country, franchisees are quietly filing for bankruptcy, defaulting on loans, and walking away. Rising costs, margin compression, and overleveraged operators who can't service their debt. This is the crisis nobody's talking about.

QSR Pro Staff•9 min read•6
11
Finance & Economics•March 2026

FAT Brands' Billion-Dollar Collapse: How an Acquisition Spree Led to Chapter 11

FAT Brands and affiliate Twin Hospitality filed Chapter 11 bankruptcy on January 26, 2026, capping a years-long acquisition binge that loaded the company with debt across 17 brands and 2,300-plus locations. The collapse is a case study in franchise rollup risk, and it carries direct consequences for hundreds of franchisees now operating inside a restructuring.

QSR Pro Staff•9 min read•6
Open
Finance & Economics•March 2026

How to Open a Wingstop Franchise

Wingstop has quietly become one of the most successful QSR brands in the country. While competitors chase viral moments and trend cycles, Wingstop has built a digital-first, delivery-optimized busines

QSR Pro Staff•8 min read•6
2025
Finance & Economics•March 2026

Chipotle Lost Traffic Every Quarter in 2025. Its 2026 Playbook Bets on Protein, Not Price Cuts.

Chipotle posted its first negative annual same-store sales since 2016, with traffic declining in all four quarters of 2025. Rather than join the industry's value meal arms race, the chain is betting on protein premiums and a stepped-up LTO calendar to win customers back. The strategy is a high-stakes test of whether brand equity can outweigh price sensitivity in a softening consumer environment.

QSR Pro Staff•8 min read•5
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