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Franchise Growth Acceleration Initiative (Tables)

3 Months Ended

Mar. 30, 2025

Schedule of Franchise Growth Acceleration Initiative

The following is a summary of the refranchising activities recorded as a result of the Franchise Growth Acceleration Initiative during the quarter ended March 30, 2025 and March 31, 2024 (amounts in thousands, except number of shops):


	For the Quarter Ended
	March 30, 2025		March 31, 2024
Number of shops sold to franchisees	4		—

Proceeds from sale of company-operated shops	$	148	$	—
Net assets sold	(171)		—
Goodwill related to the company-operated shops sold to franchisee	(4)		—
Loss on sale of company-operated shops, net	(27)		—

Adjustment to recognize held-for-sale assets at fair value	—		(30)
Other expenses (a)	(8)		(103)
Loss on Franchise Growth Acceleration Initiative activities	$	(35)	$	(133)

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(a)These costs primarily include professional service fees, repairs and maintenance and travel expenses incurred to execute the refranchise transaction.