Levine Leichtman Capital Partners, LLC’s Post

As Blackstone steps in to help accelerate the expansion of this leading franchise business, reporting digitized by region, by category, and by #franchise will be key to accurately prioritizing where and how much of Blackstone's global resources to allocate. #suppychainmanagement #cogs #riskmanagement https://lnkd.in/eYZSMrHE

"The Manasquan, New Jersey-based sandwich chain with more than 2,800 franchise locations has been in "on-and-off discussions" with Blackstone about a deal that could value Jersey Mike's Subs at $8 billion, The Wall Street Journal reported. However, a sale may still not go through, the Journal said, citing unnamed sources." Private equity will undoubtedly have an impact on this business but it is tough to walk away from billions of dollars. PE is a discussion that is had with all franchise candidates. It is one of the areas that is completely out of their control and can be a double-edged sword. #franchiseadvisor #franchisebusinessopportunities #smallbusinessowners #readywhenyouare

Learn how location, pace, tech and training factor into a brand's ability to scale: https://hubs.li/Q02zJfyz0 Shout out to the Revel clients (Rush Bowls and Smokey Mo's BBQ) featured on the panel, too! #franchise #scale #growth #insights

Today on Franchise Market Monday! The Private Equity Firm Also Has Jimmy John's in its Fast-Food Portfolio In one of the biggest-ever fast-food industry deals, private-equity firm Roark Capital has purchased the 58-year-old Subway sandwich chain. The sale, for a reported $9.55 billion, turns the page on Subway's ownership: The Milford, Conn.-based restaurant chain previously had been owned exclusively by the founding DeLuca and Buck families. When Subway announced Thursday that a deal had been reached, the brand's news release did not disclose any of the terms. But unnamed sources told Reuters that Roark agreed to a price tag of about $8.95 billion upfront for the chain, and the rest will be paid if certain financial targets are met. . Read more about it via the link below 👇 https://lnkd.in/eXtY8XWS If you'd like to discuss more on the perks of franchise ownership, Contact Jeff Bruce at 📞 508-713-5895, jbruce@franchoice.com or schedule directly at www.calendly.com/jeffbruce. Linkedin: https://lnkd.in/dN2NnQ9N Facebook: https://lnkd.in/dguGbPEC . . . #FranchiseSuccessStories #FutureofBusiness #InnovativeFranchise #FranchiseOpportunity #DigitalTransformation #MillennialEntrepreneurs #SustainableBusiness #FranchiseLeadership #TechSavvyFranchise #LocalBusinessSupport #NextGenFranchise #CustomerCentricity #FranchiseExpansion #EcoFriendlyFranchise #VirtualFranchise #FranchiseGrowthHacks #FranchiseInnovation #DiversityInFranchising #FranchiseEmpowerment #FranchiseNetworking

The Pendulum Swings: Wall Street Runs for Cover and Private Equity May Follow Suit The fickle winds of fortune in the restaurant industry are causing Wall Street and large-scale investors to weigh anchor and sail away. Staring down the formidable face of ongoing market challenges, the mighty fortress of Wall Street is retreating - and it seems the private equity powerhouse may be next in line to follow suit. Look at the likes of Sweetgreen, whose market value took an exhilarating 167% leap this year, while BurgerFi plummeted by a sobering 77%, and then some. The vacillating nature of the market and the unpredictability of customers, increasingly favoring home dining over exorbitantly priced restaurant fare, is sending ripples of dissatisfaction across investor portfolios. Despite this, private equity, thus far, has continued to wade through these turbulent waters without much hesitation. They've been resilient, steadfast, holding onto their investments with a vice-like grip. However, with market trends becoming increasingly hostile, one wonders when the dam will finally break. If it does, the question then arises - could this be a saving grace for the franchise industry? Over the past few years, the battlefield between private equity franchisors and their weary franchisees has been a long-drawn spectacle. With private equity potentially diverting its gaze away from the restaurant world, the franchise industry might finally find some relief. Yet, these are predictions at best and postulations at worst. The markets twist and turn like a tempestuous sea, and the ebb and flow of investments continue to remain in flux. What we can do is keep our finger on the pulse and our eyes on the horizon, ready and waiting for the next wave to ride. The real question is, what's your take on this situation? Will the franchise industry see the light at the end of this tunnel or will a new challenge rear its head? #franchise #franchising

Private equity firms are taking over the restaurant industry, targeting beloved #franchises like Red Lobster, Subway, and now Jersey Mike's. These "vulture capitalists" buy businesses, sell off real estate, and force franchise owners to pay rent on their own properties, turning them into cash cows. This leads to less competition and lower quality food. Jersey Mike's, known for its delicious subs, is the latest target with an $8 billion offer from Blackstone. #SaveOurSubs #SupportLocalBusinesses

$2B for Smoothies. #TuesdayCRE #CommercialRealEstate #CommercialDebt #CommercialInsurance Blackstone has announced a deal to acquire Tropical Smoothie Café, the top smoothie and juice franchise in the U.S. with more than 1,400 outlets in 44 states, including an assumption of Tropical Smoothie Café’s debt, according to a report in the Wall Street Journal. Blackstone said in a release it intends to accelerate the expansion of the Atlanta-based chain, which added more than 175 new locations in 2023, 70% of which were opened by existing franchisees. In total, Tropical Smoothie Café inked 258 franchise agreements last year. “Blackstone has deep experience helping accelerate the expansion of leading franchise businesses as one of our highest-conviction areas,” Wallace said. Launched as a single beachfront location in Destin, FL in 1997, Tropical Smoothie Café was acquired by LLCP in 2020. Entrepreneur Franchisee 500 has listed Tropical Smoothie Café as the top-ranked chain in its smoothie/juice category for four consecutive years. #SourcingAndSelling #SellingAndSourcing #Retwit #2024 ~ If you have real estate, and you are willing to entertain offers, have debt to refinance, or in need of insurance for your properties, reach out to me with the details: Lance@RealtyByLance.Com 305.203.2070 ~ Contact Us for Commercial Investments, Financing and Insurance. ~ Multifamily, Industrial, Hotels, Office, Retail, Development Sites, Plus. #ListWithLance #LanceLoans #LetLanceInsureYou #CRE #Owners #InvestmentProperties #Multifamily #Industrial #Hospitality #Retail #Development #Construction #Commercial #CommercialTransactions #CommercialFinance #CommercialInsurances #CommercialTitleAndClosing #CommercialProp https://lnkd.in/g9WWfcDc

Great read in Franchise Times on the 2024 outlook! In my opinion , there are deals to be made in the market and history shows that those who are prepared and not overleveraged will have an advantage. Are you ready to take advantage of these opportunities? #FranchiseTimes #2024Outlook #BusinessOpportunities

Today on Franchise Market Monday! Roark Capital, Goldman Sachs Also Interested in Buying Sandwich Franchise Two private-equity firms, TDR Capital and Sycamore Partners, are discussing whether to jointly buy the Subway restaurant chain, Reuters has reported. The price tag of the huge string of restaurants, including about 20,600 in the United States, is expected to exceed $9 billion, and according to Reuters' sources, TDR and Sycamore could be challenged to come up with that much money. The private-equity firm Roark Capital may make a run at the acquisition, too, the sources said. . Read more about it via the link below 👇 https://lnkd.in/ex58CPpP If you'd like to discuss more on the perks of franchise ownership, Contact Jeff Bruce at 📞 508-713-5895, jbruce@franchoice.com or schedule directly at www.calendly.com/jeffbruce. Linkedin: https://lnkd.in/eJQBEQbr Facebook: https://lnkd.in/eD3eMKxY . . . #FranchiseSuccessStories #FutureofBusiness #InnovativeFranchise #FranchiseOpportunity #DigitalTransformation #MillennialEntrepreneurs #SustainableBusiness #FranchiseLeadership #TechSavvyFranchise #LocalBusinessSupport #NextGenFranchise #CustomerCentricity #FranchiseExpansion #EcoFriendlyFranchise #VirtualFranchise #FranchiseGrowthHacks #FranchiseInnovation #DiversityInFranchising #FranchiseEmpowerment #FranchiseNetworking

Today on Franchise Market Monday! The Private Equity Firm Also Has Jimmy John's in its Fast-Food Portfolio In one of the biggest-ever fast-food industry deals, private-equity firm Roark Capital has purchased the 58-year-old Subway sandwich chain. The sale, for a reported $9.55 billion, turns the page on Subway's ownership: The Milford, Conn.-based restaurant chain previously had been owned exclusively by the founding DeLuca and Buck families. When Subway announced Thursday that a deal had been reached, the brand's news release did not disclose any of the terms. But unnamed sources told Reuters that Roark agreed to a price tag of about $8.95 billion upfront for the chain, and the rest will be paid if certain financial targets are met. . Read more about it via the link below 👇 https://lnkd.in/euuuGz5N If you'd like to discuss more on the perks of franchise ownership, Contact Jeff Bruce at 📞 508-713-5895, jbruce@franchoice.com or schedule directly at www.calendly.com/jeffbruce. Linkedin: https://lnkd.in/eJQBEQbr Facebook: https://lnkd.in/eD3eMKxY . . . #FranchiseSuccessStories #FutureofBusiness #InnovativeFranchise #FranchiseOpportunity #DigitalTransformation #MillennialEntrepreneurs #SustainableBusiness #FranchiseLeadership #TechSavvyFranchise #LocalBusinessSupport #NextGenFranchise #CustomerCentricity #FranchiseExpansion #EcoFriendlyFranchise #VirtualFranchise #FranchiseGrowthHacks #FranchiseInnovation #DiversityInFranchising #FranchiseEmpowerment #FranchiseNetworking