How to Roll Up Legacy Franchises (to $36m/yr)
Acquiring Minds
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Private Equity - Is the Real Play Here?
The exit for a franchisee who has rolled up some locations could look like this: Sell to another existing franchisee or private equity. For my understanding, you need at least five million and even it'd be attractive. And then at that point, obviously, if you can get to 10, you got a lot of guys interested. I think the key is finding guys who are, who've done it before, and they understand it's their first concept.
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