New Buildout
Investors that acquire rights to franchise territories start their journey with site acquisition and end with the grand opening. Let our operations experts complete the development projects while you focus on your business.
Re-brand
Pre-acquisition services
We provide full support for the entire acquisition cycle of retail store rebranding and franchise store rebranding to save your team the hassle of doing site visits and inspections. We will also be offering franchise store buildouts as well.
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Obtain list of sites
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Create a site visit plan
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Visit each site, obtain pictures, and interview staff (if required or needed)
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Perform site "soft inspection" for sites that are still operating but discretion is required, including testing the product or service.
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Share all documentation electronically
Re-brand oversight
We will collaborate with your team and the franchisor to understand your brand standards and modifications required to transform legacy units into the units that conform to your branding requirements.
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Prepare a list of changes that need to be made to each unit
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Coordinate with general contractor vendors
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Work with the franchisor's development team to procure required furniture, fixtures and equipment.
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Manage the processes to ensure vendors are performing work on-time and on-budget.
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Implement technological solutions to monitor progress, as needed.
Pre-open services
While renovation and construction is on-going we will be able to assist with the following:
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Ensuring IT systems are properly implemented to prepare for opening
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Identify key staff and assist with hiring initial team
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Coordinate retail merchandising by working with the franchisor's reprentatives
Pricing
We provide flat-rate pricing per unit. Flat-rate pricing enables your team to accurately predict costs and incentivizes us to work quickly and efficiently to complete projects.
Special Situations
We partner with investors to acquire distressed franchise retail stores. We re-launch them after resolving operational and financial situations that prevented them from providing adequate positive cash flow.
We can help identify and meet with owners of distressed stores to evaluate their options and their personal situation. We then prepare an appropriate exit strategy and prepare a SWOT analysis to help determine the potential for a positive outcome over a reasonable period of time.
The acquisition of these distressed assets could be an add-on investment to an existing network of stores owned by investors or a platform investment intended to be the beginning of a project to add more stores.
Aspects of distressed asset and special situation projects include:
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Site visit to review existing facility.
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Interview with management or ownership.
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Review financial records including accounting systems and bank records.
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Review outstanding debt obligations.
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Review and understanding of landlord and lease situation. Our legal and accounting partners we can provide a preliminary opinion of legal and accounting aspects of the lease as well as any other applicable matters.
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Market review including location and competitor evaluation.
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Review situations with franchisors.
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Prepare post-acquisition operating plan.
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Preparation of letter of intent to acquire, acquisition financing, and asset purchase agreements.
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Execution of operating plan including implementing franchisor brand compliance into the operations, recruiting staff, and negotiating with vendors and landlord.