U.S. chains ramp up growth abroad

With domestic development slowed greatly among many U.S.-based chains during the past 18 months, international expansion deals have taken on a new importance.

American franchisors are looking harder at expansion opportunities on foreign shores as they face depressed sales and cash flow at home, along with fewer financing sources for domestic franchisees.

While some heavily franchised chains, such as Quiznos, have made general announcements about their intention to beef up intern

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