TL;DR
MOOYAH Burgers, Fries & Shakes has found success in selling locations by stabilizing the business before sale. Michael Mabry, COO of MOOYAH, shared tactics for selling a restaurant business.
Michael Mabry shared a few tactics on how MOOYAH Burgers, Fries & Shakes has found success when selling a location.
With a franchised concept, the parent company can often help a seller shore up the business before putting it on the market, says Mabry, COO of MOOYAH Burgers, Fries & Shakes . “I always suggest the owner get into that business and work it for three to six months before the sale to get it stabilized,” he said.
In this story
This story was originally published in 1851 Franchise on May 11, 2017. Burnaze summarizes and links to the original reporting.
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