Large restaurant group takes steps to sell their entire holdings

One of their units required special handling.

Challenge:

The ownership of a large restaurant group with 50 units up and running made the decision to sell their brands and their corporate-owned locations.  In advance of this they needed to sell off one of their LAX-area locations and approached us to help with this.  No restaurants had been sold before in the plaza where their restaurant was located and they were not sure it would be an option for them.

Success:

We listed the business for sale and found a buyer.  The ensuing negotiations led to some creative deal-making on both the business and the lease.  Shortly after the escrow closed, the restaurant group announced they were in negotiations with a Canadian-based group to sell all of their brands and corporate-owned locations.

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