How to Build a Portfolio of 20 Franchise Locations
Acquiring Minds
00:00
The Seven Advantages of a Franchise Network
We bought seven restaurants that at the time we're doing about 5.6 million of revenue and somewhere around 700,000 of even though we paid in the low four millions for it. It used a lot of debt, managed to do it without taking outside equity because the three of us were able to fill the equity portion together. And after the races, we signed a five unit agreement to develop more restaurants that gave us exclusivity for Columbus.
Transcript
Play full episode
