Clean Juice continues to experience high growth after opening 5 new stores, adding 3 new locations, being recognized by several industry publications and associations, and increasing same store sales 2.1% in 2019 fiscal year first quarter financial results.
The properties are located in Alabama and Virginia, respectively, and are occupied under triple net leases with 8 years of weighted average term remaining. The transaction was priced at a 6.9% going-in cash cap rate, exclusive of transaction costs.
New Mexico Casino Set to Open Hollywood's Favorite Burger Brand
Company to open Kitchen Centers in San Francisco and Los Angeles, with second location coming to Chicago
New Agreement Keeps Hard Rock Cafe's Flagship Location at Universal CityWalk Through 2039
The New Location in NYC targeted for Early 2020
Capriotti's Sandwich Shop is reporting a total of 31 new franchise development agreements signed in the first quarter of 2019.
Studio Movie Grill today announced that it has received a strategic growth investment of $100 million from TowerBrook Capital Partners L.P., an international investment management firm. The partnership will help drive SMG's next stage of accelerated growth, as the Company continues to open in-theater dining locations across the United States.
Four Corners Property Trust (NYSE:FCPT) closed on the purchase of an additional Burger King property today from Washington Prime Group Inc. for $2.0 million. The property is located in Maryland and is occupied under a triple-net lease with approximately 16 years of term remaining and 10% rent escalations every 5 years.
Despite Recent Corporate Road Shows, Franchisees Say Situation Has Taken a Turn For the Worse With Corporate Retaliating Against Franchisees, Breaking Agreements Already in Place