Where can you go in the Twin Cities and feel like you can get the same meal your parents had, or, even your grandparents? Mancini’s is definitely the place. It’s a restaurant that has stayed consistent and while it’s evolved in some ways, it still is a truly iconic supper club. On a recent trip […]
Last month I discussed the opportune time to sell a multi-unit, non-franchised restaurant company. I’d like to continue that discussion and look at the sale of a franchise company. Behind every great franchise business is a strong and viable concept with a number of successful units. When a company decides to franchise, it takes on […]
A question I am often asked is “when is the best time to sell my restaurant concept/business?” In approaching this question, it is important to separate concept value from franchise value (though in many cases a company that franchises has both franchise stores and corporate stores). In this article, I will address concept values. Next […]
