The most-read analysis and research across QSR Pro. See what operators, franchisees, and investors are reading right now.
Multi-unit operators buying struggling locations from failing franchisees. Valuations at 3-5x EBITDA for strong sites, steep discounts for weak operations. Resales cost 30-50% less than ground-up builds. Real estate matters more than current performance. Here's what buyers look for, what sellers need to know, and why the secondary market rivals new development.