Investment Community Is Feasting On Francorp Clients
Olympia Fields, IL – Francorp Client, Friendly’s Ice Cream, an affiliate of Sun Capital Partners, has just acquired another Francorp client, Johnny Rockets, a 300 unit chain out of California. The Private Equity and Merger and Acquisition market is feasting on franchise companies that Francorp has developed. Atlanta based Roark Capital has already acquired 7 Francorp clients, including Auntie Anne’s Pretzels, Schlotzky’s, McAlister’s Deli, Primrose Schools, Carvel, Batteries Plus and Fast Signs. Other Francorp clients, Jimmy John’s, Papa Murphy’s and Valvoline have also either been fully acquired or invested in by private equity groups. Service Master acquired Francorp client, Terminex a few years ago.
According to Don Boroian, Chairman of franchise consulting firm, Francorp, “Now that the economy is coming back and the bargains in undervalued stocks and real estate have diminished, the investment community is targeting the franchising sector because of the high margins, dynamic growth potential, fueled by the capital provided by franchise buyers, and the abundant franchise buyers. Every sector of the franchising industry is booming. Food, healthcare and service businesses are leading the way. We are elated that our clients that started small businesses just a few short years ago with only one or two units are enjoying these huge “Offers They Can’t Refuse!”.
Interested in learning more about franchising and/or how to franchise your business? Visit http://www.francorp.com to download the free e-book and take the franchise quiz today! For more immediate assistance call 800-FRANCHISE (800-372-6244) to speak directly with a franchise analyst to learn more about taking your business the next level and beyond.