A former FRANdata research executive and her partner, who run 10 Two Maids locations, signed a three-unit deal to bring Tierra Encantada to Maryland.
Mari Millard used to evaluate franchise performance for a living, as vice president of research at FRANdata. Her next pick is early education.
Millard and partner Marnie Hammel, an attorney, who together run 10 Two Maids locations, signed a three-unit area development agreement to open Tierra Encantada centers in Maryland, the Spanish immersion early education brand's first in the state, the company said Oct. 21. Founded in 2013, Tierra Encantada has 21 centers open and 47 more in development or under construction. It says centers open longer than 24 months average $2.6 million in unit volume.
The deal is another case of multi-unit owners spreading across unrelated categories, the same instinct behind PuroClean's push to recruit restaurant operators.
Revscale Media (illustration)Wyndham's U.S. room count fell about 1% from a year earlier as it cut substandard hotels, yet royalties and franchise fees rose 6% and its AI phone agent now answers calls at more than 1,700 hotels.
Revscale Media (illustration)The luxury brokerage plans to put an in-house AI platform in front of its 4,000-plus agents, keeping sensitive client data on models it hosts itself and betting that owning the stack helps it keep agents.
Revscale Media (illustration)The Hawaiian coffee franchisor is moving POS, ordering, loyalty, payments and back office onto PAR Technology before most of its 100-plus planned shops open.
Revscale Media (illustration)Snap-on's Tools Group sales fell 7% organically in the third quarter as van franchisees drew down stock to protect cash, even though technician demand held steady, the company said.
Revscale Media (illustration)The mobile hydraulic hose franchise added seven new owners and opened five locations in the third quarter, while several existing owners expanded.
Revscale Media (illustration)A three-unit Schlotzsky's and Cinnabon operator rebuilt his back office around ChatGPT. Franchisors who want to own the AI layer should ask why he didn't wait for them.
