Welcome to our dedicated page for Muscle Maker news (Ticker: gril), a resource for investors and traders seeking the latest updates and insights on Muscle Maker stock.
Muscle Maker, Inc. (Nasdaq: GRIL) operates at the intersection of global food supply logistics and health-conscious dining through its Sadot LLC commodity trading division and MMI Restaurant Group. This centralized news hub provides stakeholders with essential updates spanning financial performance, strategic partnerships, and operational expansions across both business units.
Investors and industry observers will find authoritative coverage of earnings developments, supply chain initiatives, and sustainability progress. Regular updates include Sadot's international commodity trading milestones, MMI's franchise growth in the 'healthier-for-you' segment, and corporate governance changes impacting long-term strategy.
The curated news feed features critical updates on North American market expansions, commodity portfolio diversification, and financial optimizations like recent expense restructuring agreements. Content maintains focus on verifiable operational achievements while excluding speculative analysis.
Bookmark this page for streamlined access to Muscle Maker's evolving position in global food markets. Check back regularly updated coverage of commodity trading volumes, restaurant network growth, and sustainability leadership under the guidance of specialized board members.
Muscle Maker, Inc. (GRIL) released a strategic update letter emphasizing its focus on franchising as a growth engine. The company signed a 40-location development agreement in Saudi Arabia for its Muscle Maker Grill division and 31 new franchise agreements for its Pokemoto Hawaiian poke division. Since its acquisition in May 2021, Pokemoto's growth trajectory has surged by 300%, from 13 to 20 locations, with plans for a total of 53 locations. CEO Michael Roper highlighted the company's expansion across several states and optimism regarding the recovery from COVID-19.
Muscle Maker, Inc. has opened its first Pokemoto location in Miami Beach, Florida, marking a significant step in its expansion strategy. This non-traditional ghost kitchen is situated in a new food court designed for efficient delivery and in-house dining, catering to a demographic focused on healthier dining options. The company plans to launch five more locations across Florida, with an anticipated growth rate of 300% following recent franchise agreements in several states. This strategy aims to align with the growing demand for health-conscious food.
Muscle Maker, Inc. (GRIL) announced the signing of a new franchise agreement for its Pokemoto division in Connecticut, expanding its position as the largest Hawaiian poke chain in the state. With this agreement, Connecticut will host 15 Pokemoto locations (10 open, 5 planned). This marks a significant growth, with 31 new franchise agreements signed since November 2021, leading to over a 300% expansion since the brand's acquisition in May 2021. The new eatery targets the Millennial and Gen Z demographics in a high-traffic plaza in Berlin, CT.
Muscle Maker, Inc. (GRIL) announced the signing of three new franchise agreements for Pokemoto in southwest Florida, bringing the total agreements since November 2021 to 30. These new locations will contribute to a projected growth rate of 300%. Pokemoto aims to open additional corporate locations in Miami and Jacksonville, increasing its footprint from 13 to 52 locations. The company is also expanding internationally with a 40-unit Muscle Maker Grill agreement in Saudi Arabia. Enhanced franchising infrastructure is in place to support this growth.
Muscle Maker, Inc. (Nasdaq: GRIL) has signed two new franchise agreements for its Pokemoto subsidiary in the Jackson, MS market. This adds to the total of 27 agreements since November 2021, reflecting over 250% growth. Additionally, Muscle Maker has secured a 40-unit development agreement for Muscle Maker Grill in Saudi Arabia. The company is focused on areas with a high concentration of Millennials and Gen-Zs. They are also strengthening their internal structure to support expansion.
Muscle Maker, Inc. (GRIL) has announced a strategic expansion of its franchise sales team to support the growth of its Pokemoto brand. The company welcomed three new team members with over 80 years of combined experience in franchise development. This move follows the signing of 25 new franchise agreements, signaling robust demand. Muscle Maker is also enhancing its marketing strategies through various channels to attract franchise inquiries. Additionally, two new corporate locations are under construction in Florida, contributing to its expansion plans.
Muscle Maker, Inc. has appointed Jennifer Black as the new Chief Financial Officer, succeeding Ferdinand Groenewald, who becomes Chief Accounting Officer. This change aims to bolster the company's anticipated growth strategy, primarily focusing on franchising. Since November 2021, Muscle Maker has signed agreements for 65 new franchise locations, including a significant 40-unit agreement in Saudi Arabia. The Pokemoto brand is also expanding, with plans to increase its locations from 19 to 44, representing a 238% growth rate.
Muscle Maker, Inc. (GRIL) has signed 25 new franchise agreements in the past 45 days, contributing to a growth of 238% since May 2021. The latest agreements include four in Connecticut, expanding the brand's presence to a total of 14 locations in the state. Overall, the chain will reach 44 locations after these new franchises are opened. CEO Mike Roper highlighted the efforts to maintain growth momentum through both franchising and corporate operations, emphasizing plans to become the largest Hawaiian Poke chain in the $1.2B market.
Muscle Maker's newest subsidiary, Pokemoto, has signed its largest franchise deal to date, committing to 15 new locations in Massachusetts. This agreement significantly boosts the chain's growth, achieving over 200% increase since May 2021 acquisition. Over the past 45 days, 21 franchise agreements have been signed across multiple states. The Massachusetts deal targets populous counties with a strong Millennial and Gen-Z demographic. The recent $15M capital raise will support ongoing franchise expansion and operational growth.
Muscle Maker, Inc. (Nasdaq: GRIL) announced the signing of a new franchise agreement in Oxford, Mississippi, marking its sixth franchise deal in the last 30 days. This expands the Pokemoto brand's total to 25 locations, showing a remarkable 92% growth rate since its acquisition in May 2021. The brand currently operates in six states and plans to continue expanding into New York and Mississippi. The new franchise agreements are set to bolster the company's top-line revenue growth and attract prospective franchisees.
