Unbridled Capital recently provided sell-side advisory services to Nicole Householder on the sale of 25 Pizza Huts in the Dallas/Ft. Worth area. The restaurants were sold to existing Pizza Hut franchisee ADT Pizza LLC, led by Adam Diamond.
“After many years as both a corporate employee and then as a multi-state franchisee, I decided it was time to fully exit the Pizza Hut system and sell my hometown restaurants in the Dallas/Ft. Worth area. I have known Rick Ormsby personally for many years, and the Unbridled team has continually been the advisor of choice amongst franchisees in Pizza Hut looking to exit. That said, it was an easy decision to select Unbridled to secure the best buyer for our business. The Unbridled team delivered results that exceeded my expectations from the marketing process through due diligence and successful closure of the sale. Like any deal, we had our fair share of obstacles, and I am very appreciative of their expertise, responsiveness, tenacity, and grit to get both parties to the closing table. I highly recommend their work and encourage all franchise owners to enlist Unbridled’s services,” said Nicole Householder.
“A big thank you to Nicole for trusting Unbridled to help in the sale of this fantastic Pizza Hut business. Texas is maybe the most attractive area in the US to have any sell-side assignment, and our marketing process produced a massive amount of interest and record Pizza Hut prices for Nicole’s business. Congratulations, Nicole! We will miss you and your impact on the Pizza Hut and Yum community, but I am confident that you will find peace and prosperity in post-franchisee life. We also congratulate Adam and the ADT Pizza LLC team on this acquisition. We hope they do great things in Dallas/Ft. Worth and continue shining their light within the Pizza Hut brand,” said Rick Ormsby, Managing Director.
Unbridled continues to see a record-setting franchise M&A market unfolding in 2021. We are currently engaged in 25 sell-side assignments and continue to maintain a fantastic closing percentage of over 90%. For more information, please contact Rick Ormsby at 502-252-6422 or [email protected].