President and COO Michael Mabry discusses the logistics of an acquisition
In May 2017, franchise brand MOOYAH Burgers, Fries & Shakes was acquired by Balmoral Funds LLC and Gala Capital Partners, LLC. MOOYAH Burgers, Fries & Shakes President & COO Michael Mabry says revenue is top of mind for potential investors.
Said Mabry to Franchise Times, “The first thing is, of course, you’ve got to be profitable. Particularly in franchising, when outside investors come and buy a franchisor, they’re not buying operating restaurants, they’re buying a royalty stream. You’ve got to ensure the unit-level economics are solid and that existing franchisees are showing growth, or at minimum are satisfied, that’s box number one.”
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