MATCHMAKING A DEVELOPER & FUZZY’S

Client Profile:

Rapidly expanding franchisee signed a 50-unit development agreement with Fuzzy's Taco Shop and needed assistance with building new stores. Client wanted to focus on their core competency of operating restaurants and asked Century Partners to introduce developers who increase new store development.

Strategy:

To help the franchisee ramp up new store opening across their territory, Century Partners sourced an experienced local developer and listed the first two stores in the lineup, both located in the Southeast.

Outcome:

  • TESTIMONIAL: Century Partners has been instrumental to my company’s growth. They introduced several developers who could assist in structuring a strategic new store rollout plan. They have helped me grow at a faster velocity than going at it alone and have allowed me to stay out of the time-intensive real estate component and focus on running a stellar operations company.

More Case Studies

Generational Asset in Los Angeles Sold | Proceeds Used to Purchase Three Wendy’s in Three States

Outcome:

  • Client now owns three single-tenant Wendy’s properties located in three different states, each with 20-year lease terms instead of the 5-year term of their previous property. Additionally, the client was able to increase their cash flow. 

PORTFOLIO DIVERSIFICATION & EXCHANGE FOR WENDY’S OPERATOR

Outcome:

  • Disposed of a total of 17 Wendy’s properties.
  • Seven (7) properties transacted above $2.5M ($3.42M was highest on record for client).
  • The average cap rate across all transactions was 5.15%.
  • Seller used proceeds to exchange into primarily single-tenant net lease properties.