Newport Beach, CA 2024-09-24 – National Franchise Sales (NFS) has been engaged to manage the sale of Pizza Hut units operated by EYM Pizza L.P. and affiliated companies as part of a financial restructuring process. The restaurant company operates locations in the South and Midwest.
The decision to engage National Franchise Sales was driven by NFS's extensive track record in successfully managing similar engagements needing financial restructuring, their deep understanding of the franchise restaurant market, and the breadth of their team.
EYM Pizza L.P., along with related entities in Wisconsin and Indiana, recently filed for Chapter 11 bankruptcy protection in the Eastern District of Texas. This filing marks a significant step in the company’s efforts to reorganize its financial obligations and streamline operations. The 127 stores are located in Illinois, Indiana, Georgia, South Carolina, and Wisconsin.
NFS is assisting in the asset recovery process by identifying qualified buyers and facilitating the sale of these units, to maximize recovery for creditors and provide a path forward for the restaurants involved.
“National Franchise Sales is dedicated to navigating this challenging period with EYM Pizza L.P. and its affiliates. Our goal is to ensure a smooth transition and maximize value for all parties impacted by this process.” said Alan Gallup, Lead Advisor for the NFS Asset Recovery Team.
Bid deadlines to be announced shortly. For further information on the sales process or to inquire about potential acquisition opportunities, please contact National Franchise Sales at 949-428-0480.