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    Home»Passive Income»How a New Leader Is Reviving a Classic Restaurant Franchise
    Passive Income

    How a New Leader Is Reviving a Classic Restaurant Franchise

    FinanceStarGateBy FinanceStarGateMay 7, 2025No Comments5 Mins Read
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    Mina Haque is not the likeliest particular person to show round a once-popular food franchise. She’s a lawyer by commerce and, till just a few years in the past, did not have any restaurant experience. However that did not cease her from accepting the problem and taking on as interim CEO of Tony Roma’s in 2023.

    “I am a really pleased legal professional,” she says, “I nonetheless observe legislation, however I could not flip them down — their buyers needed to guard their funding, and so they favored how I feel and my strategy and management expertise, and so they needed somebody examined. So, right here I’m.”

    Now, Haque is embarking on a comeback plan to return the once-thriving franchise to prominence — after which to even larger heights.

    Associated: Considering franchise ownership? Get started now to find your personalized list of franchises that match your lifestyle, interests and budget.

    Based in 1972 in Miami, Florida, Tony Roma’s, recognized for its child again ribs and family-friendly environment, was as soon as a well-liked vacation spot for informal eating throughout the nation. At its peak within the early Nineteen Nineties, the franchise had 260 areas throughout the U.S., concentrated in Florida and California.

    However, as shopper tastes shifted and competitors within the informal eating area intensified, Tony Roma’s struggled to keep up its foothold. Over the previous few many years, most U.S. areas closed, leaving the model with a a lot stronger presence internationally than at house. However regardless of its global presence stretching from Guam to Germany to Guatemala, the model lately teetered on the sting of extinction within the U.S. — house to solely six of its 60 remaining areas. Then Haque bought concerned with the corporate in 2021.

    Associated: How the IFA Plans to Strengthen the $800 Billion Franchise Industry in 2025

    No restaurant expertise? No downside.

    Tony Roma’s initially employed Haque to work on legal points. She assumed it could be a typical case: Are available in, do the work after which transfer on to the subsequent one. Quickly, the uneasy buyers, seeing the model’s relevance vanishing, noticed one thing in her as properly. They rapidly provided her the job of out of doors normal counsel, main their legal department. Haque took to the position enthusiastically.

    “Immediately, I used to be reviewing their contracts, recovering cash owed and advising the board members and shareholders, to the purpose the place I developed relationships based mostly on belief,” she says. Then, they made a transfer she says she by no means noticed coming: “They provided me the position of CEO in the summertime of 2023.”

    Associated: After Decades of Hard Work, This Couple Is Living the Entrepreneurial Dream. Here’s How They Achieved Generational Wealth

    Tony Roma’s 2.0

    Regardless of the model’s home decline, Haque stepped in with an optimistic and distinctive view of the corporate. “I take the model’s previous as a lesson that may inform my selections,” she says. “That is the place my authorized expertise is available in, as a result of analytical expertise are what attorneys do greatest — we do not ignore precedent, we be taught from it.”

    After taking on as CEO, Haque instantly started engaged on a plan to revitalize Tony Roma’s, known as Tony Roma’s 2.0, which has an anticipated full launch in late 2026. On the coronary heart of this initiative is a brand new, streamlined retailer idea — considerably smaller than the standard full-sized restaurants — geared toward optimizing effectivity and profitability, together with a compact 3,000-square-foot eating format.

    “We would like a smaller location,” Haque says. “Our older eating places have larger sq. footage — 6,000 to 10,000 sq. toes — and that is now not an optimized dimension, since you add to the franchisee’s overhead prices.” Location choice and different selections may even be influenced by AI, enabling the corporate to make smarter long-term selections.

    Along with updating its bodily areas, Tony Roma’s 2.0 emphasizes technological innovation, together with integrating AI in ordering and retailer administration. Moreover, Haque says the model will use robotics in areas like stock administration and meal preparation. She sees these developments not as replacements for the human contact, however as instruments to increase efficiency, preserve constant high quality and unencumber workers.

    The present U.S. franchisees are already feeling the results. “There have been noticeable modifications by way of franchise assist on the shop degree since Mina turned CEO,” says Suraj Shah, who owns a Tony Roma’s in North Carolina. “Earlier than, it may need been, ‘Hey, this is a brand new menu merchandise, use it or do not.’ Now, there’s much more coaching and assist.”

    The technique to revive Tony Roma’s U.S. presence already seems to be gaining traction. The model is ready to open its seventh home location in Tennessee later this yr.

    Associated: 6 Intriguing Statistics About Women in the Franchising Industry

    Wanting forward

    As Tony Roma’s 2.0 ramps up, Haque says we’ll see extra U.S. areas, each standalone and in sure venues. “Tony Roma’s has executed exceptionally properly inside casinos,” she says. “We’ve got a profitable unit in Las Vegas the place folks nonetheless line up for 2 hours. So, I want to see extra Tony Roma’s inside casinos.”

    Franchisees are already shopping for into this strategic imaginative and prescient, seeing Haque’s management as the important thing to mixing the model’s storied previous with a sustainable future. “I feel she and her crew do a tremendous job of bringing ahead that 2.0 imaginative and prescient whereas protecting the core identity of Tony Roma’s,” Shah says. “They’re nonetheless sustaining that legendary ribs expertise Tony Roma’s has been recognized for for over 50 years — the rationale I initially needed to turn out to be a franchisee.”

    Associated: Want to Become a Franchisee? Run Through This Checklist First.



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