Franchised Taco Bell, Burger King units change hands
Franchisee-owned restaurants continued to change hands this week, as two deals involving Burger King and Taco Bell units show that investors remain interested in large, mature brands.
In one deal, Los Angeles-based private-equity firm Brentwood Associates sold K-Mac Holdings Corp., the large Taco Bell franchisee. The unnamed buyer was only described as a “private-equity firm.”
In another deal, GPS Hospitality sold 43 Burger King locations near Cincinnati to Carrols Restaurant Group. The deal followed GPS Hospitality’s acquisition earlier this week of 194 Burger King locations along the Gulf of Mexico.
Such deals come as readily available financing to large-scale franchisees