Federal Donuts to expand beyond Philly region thanks to equity investment
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Philadelphia-based Federal Donuts is poised for a major expansion, including up to 150 new corporate-owned and franchise locations, after a growth equity investment from Radnor-based NewSpring Franchise. The CookNSolo concept, founded in 2011, has 11 locations in Philadelphia and is a fast-casual shop for donuts, coffee and fried chicken. The new restaurants could be spread across the Mid-Atlantic region and beyond.
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Behind the deal: Why NewSpring took an equity stake in Federal Donuts and will help with expansion
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The deal has been a few years in the making, dating back to pre-pandemic 2018.
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Federal Donuts to expand beyond Philly region thanks to equity investment
in Real Estate, Real Estate Articles Philadelphia, Sell House For Cash Philadelphia, Sell My Philadelphia House Fast, We Buy Houses Philaddelphia
Philadelphia-based Federal Donuts is poised for a major expansion, including up to 150 new corporate-owned and franchise locations, after a growth equity investment from Radnor-based NewSpring Franchise. The CookNSolo concept, founded in 2011, has 11 locations in Philadelphia and is a fast-casual shop for donuts, coffee and fried chicken. The new restaurants could be spread across the Mid-Atlantic region and beyond.
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Ample Capital Offsetting Impact of Rising Interest Rates in the Short Run: Stout
in Real Estate, Real Estate Articles Philadelphia, Sell House For Cash Philadelphia, Sell My Philadelphia House Fast, We Buy Houses PhiladdelphiaPhilly residents urged to mask up indoors amid uptick in COVID-19 cases
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Philadelphia Health Commissioner Dr. Cheryl Bettigole said Monday that residents should ‘strongly consider’ wearing masks again in public indoor settings to push back against a recent rise in COVID-19 infections. Bettigole said that Philly could experience another surge in coronavirus cases ‘sooner rather than later’ unless precautions are taken.
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BET Investments puts Prudential's 90-acre Upper Dublin campus under agreement
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The property is visible from the Pennsylvania Turnpike, and PennDOT has plans to add a new interchange nearby.
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SEC Proposals on Corporate Share Buybacks, Cybersecurity, Climate Most Significant for REITs
in Real Estate, Real Estate Articles Philadelphia, Sell House For Cash Philadelphia, Sell My Philadelphia House Fast, We Buy Houses PhiladdelphiaNew Jersey high schools should start later to give teens much-needed sleep, lawmakers say
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New Jersey would become the second state to mandate high schools start no earlier than 8:30 a.m. under a proposed law. The legislation aims to boost teen sleep habits and curb rising rates of depression and anxiety by implementing later school start times.
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New at Citizens Bank Park for 2022: Manco and Manco's pizza, PBJ burger, Ryan Howard's chicken and more
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On the beverage front, the Philadelphia Phillies have added a Pennsylvania distillery as a sponsor for the 2022 season.
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