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Qdoba refinancing debt, growing to 1,500 units

A year after being purchased by Los Angeles-based private equity firm Butterfly, Qdoba has closed its inaugural $305 million whole business securitization while achieving an asset-light business model via refranchising over 120 of its 750 restaurants shifting its franchise… ....

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Qdoba is aiming to double its footprint

Qdoba completed a $305 million securitization and will use the capital structure to refinance existing debt, remodel and grow. ....

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Former Applebee's president named CEO of Modern Restaurant Concepts

Modern Restaurant Concepts, which owns Qdoba, Modern Market Eatery and Lemonade, has hired John Cywinski as CEO. Prior to joining Modern Restaurant Concepts, Cywinski served as president of Applebee s Grill & Bar for six years. He was also president of… ....

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