CapitalSpring

Managing Director of <a href="http://www.capitalspring.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=how-restaurants-with-delivery-and-drive-thru-options-are-pulling-ahead-in-revenue-during-covid-19-2712721" target="_blank" rel="nofollow">CapitalSpring’s</a> Strategic Operations Group, Jim Balis, spoke with <a href="https://www.cnbc.com/video/2020/03/12/dont-believe-us-will-shut-down-restaurants-at-this-time-pro.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=how-restaurants-with-delivery-and-drive-thru-options-are-pulling-ahead-in-revenue-during-covid-19-2712721" target="_blank" rel="nofollow">CNBC.com</a> to discuss how restaurants offering delivery and drive-thru options are managing to stay ahead despite dining room closures.“What we are seeing here is a clear migration from customers dining in restaurants to customers primarily using off-premise service,” Balis told the publication. “We’re seeing more people using drive-thrus and ordering delivery, so businesses that have those available as revenue channels are performing a little bit better than those that only have dine-in.”&nbsp;Balis does not foresee the United States shutting down restaurant services. “We don’t believe the government is going to completely shut down restaurant business,” he said. “In some ways, restaurant food is safer than what customers make at home because we take so many precautions around safety and sanitation.”&nbsp;According to Balis, casual dining restaurants are positioned to suffer the most unless they can migrate to more off-premise business.&nbsp;To listen to the full video, <a href="https://www.cnbc.com/video/2020/03/12/dont-believe-us-will-shut-down-restaurants-at-this-time-pro.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=how-restaurants-with-delivery-and-drive-thru-options-are-pulling-ahead-in-revenue-during-covid-19-2712721" target="_blank" rel="nofollow">click here.</a>

How Restaurants with Delivery and Drive-Thru Options are Pulling Ahead in Revenue During COVID-19

1851 Franchise

Jim Balis of CapitalSpring, a restaurant-focused investment fund, talks with CNBC about which restaurants will be hit hardest during the pandemic.


This brand page has been paid for by CAPITALSPRING. Content within this page that is paid will showcase a Sponsored icon. This means the brand has engaged 1851 FRANCHISE to write the content. Content without the Sponsored Icon is aggregated media placements the brand earned. Questions can be sent to editorial@1851franchise.com

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CapitalSpring Hits $505M in First Close of $1B Fund VII

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<a href="https://alloyfranchise.com/">Alloy Personal Training</a> has secured a growth investment from&nbsp;<a href="https://www.capitalspring.com/">CapitalSpring</a> as the boutique personal training brand looks to expand its national footprint.Founded in 1992 by&nbsp;<a href="https://www.linkedin.com/in/teamalloy/">Rick Mayo</a>, Alloy today operates more than 135 franchise locations in 38 states. The brand opened 61 gyms in 2025 after adding 46 locations the year before and now has agreements in place for roughly 400 additional units. Leadership has said the long-term vision is to grow to 800 locations by 2030 with support from&nbsp;<a href="https://1851franchise.com/capitalspring/info">CapitalSpring</a>.“It was time to go in this new direction and see how big we can grow this thing,” Mayo said. “We used to be a speedboat, moving really fast to keep things growing, and now we’re a bit of a cruiser with a great strategic partner helping guide us to the next level. I have no doubt that we found the right partner with CapitalSpring.”&nbsp;Mayo said the decision to partner with CapitalSpring was driven by a desire to add financial sophistication, marketing support and strategic oversight while continuing to operate the business as it does today. There are no planned leadership changes, and Alloy’s boutique personal training model will remain intact.CapitalSpring leaders say Alloy fits the firm’s investment profile, citing strong unit-level economics, disciplined operations, and a differentiated concept in the boutique fitness space. The firm plans to support the brand with resources, analytics and real estate data to help accelerate expansion in a thoughtful, sustainable way.The partnership marks another franchise-focused investment for CapitalSpring as the firm continues to deploy capital across consumer and service-based brands.Read the full article&nbsp;<a href="https://www.franchisetimes.com/franchise_mergers_and_acquisitions/personal-training-franchise-to-accelerate-growth-with-investment-from-capitalspring/article_ced0775c-b00e-449b-8b70-afaecb79fed9.html">here</a>.For more information on CapitalSpring, visit:&nbsp;<a href="https://1851franchise.com/capitalspring/info.">https://1851franchise.com/capitalspring/info.</a>&nbsp;

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CapitalSpring’s investment is designed to help the brand grow nationally while keeping its leadership and training approach in place.

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How Restaurants with Delivery and Drive-Thru Options are Pulling Ahead in Revenue During COVID-19

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