NFS’ experience provided a roadmap to the successful completion of sale

NFS overcame two challenges with this transaction to successfully compete the sale of two The Counter restaurants in Los Angeles. Financing the acquisition of franchises in small chains can often be difficult, as most national lenders will not consider financing in chains that are not tier 1 or tier 2. The Counter is a good brand owned by Kahala, but there are only 32 locations in the chain. NFS culled through its extensive database of lenders and was able to identify and provide financing through Live Oak Bank. The other significant challenge in this transaction was in effectuating the lease assignments with less than cooperative landlords to satisfy the timing required for the liquor license transfers. NFS’ experience provided a roadmap to the successful completion of the sale.