Specializing in the Resale of Franchise Businesses since 1978

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Refranchised Johnny Rockets in NV sold despite pandemic challenges

Mon, 4/19/2021

The buyer of this unit is a repeat client, and the NFS Advisor identified the location having geography with a personal tie to client’s family.

NFS overcame pandemic hurdles through proper coaching of Buyer and continued, transparent delivery of all information concerning the location, such as sales updates, hours of operations, etc.

This particular segment hit hard by the pandemic, NFS identified a lender from within our referral network, and worked with it to provide a structure that appealed to both Buyer and Lender. The pandemic also impacted sales. Sales downtrends hurt buyer and lender confidence. NFS overcame through proper coaching of Buyer and continued, transparent delivery of all information concerning the location, such as sales updates, hours of operations, etc.