Looking for a buyer.
This globally renowned sandwich franchise started in 1965 and has grown significantly to more than 44,000 shops in 111 countries. The franchise has become the number one restaurant chain in the world in terms of the number of locations. The company is one of the largest opportunities in the food franchise industry with an established global brand and proven operating system already in place. The group of locations for sale, located in East Africa, were launched with a first location in a high foot traffic mall in June###-###-#### The owner saw immediate success, and, over the last six years has grown the footprint to be the fastest growing QSR in the country with faster growth than both KFC and McDonalds. Today, the footprint includes ten locations in the country. The stores are in the most prime locations in the country, across a variety of well-traveled malls, airports, and stations. At current pace and with strong profits the last three years, the franchise is optimally poised to become the largest food chain in the country in seven years (in terms of footprint). The current owner has secured three new locations and plans to open 10+ stores in prime locations over the next seven years. The COVID-19 pandemic and the country’s lockdown to incoming vacationers has affected the business in 2020, but, thanks to a solid customer base, much of the restaurants remained profitable though overall sales fell. This group of locations would be an attractive investment to a strategic buyer looking to expand its geographic footprint or to add the franchise to its existing offerings. It may also be an attractive opportunity for investment buyers due to the franchise support and globally recognized brand name.
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