Unbridled Capital, an advisory firm focused primarily on the restaurant industry, closed the following transaction in a buy-side M&A advisory role: KFC newcomer, Lonnie Noble and Noble Pursuit, LLC, recently purchased six KFC restaurants from franchisee, Brent Ross, of Lenella and Tarapa Corporations. The underlying real estate was sold to BayHill Realty Capital. The restaurants are in Southern California and Arizona. At the close of the transaction, Noble Pursuits owns seven KFC restaurants with the intent to continue its growth in the coming years.
For more information, contact Rick Ormsby at 502-252-6422 or [email protected].