1851

The sale of rapidly expanding franchise <a href="http://checkersfranchising.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=restaurant-finance-monitor-sale-of-checkers-rallys-to-fuel-the-brands-growth-initiatives-11523" target="_blank" rel="nofollow" target="_blank">Checkers &amp; </a><a href="http://checkersfranchising.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=restaurant-finance-monitor-sale-of-checkers-rallys-to-fuel-the-brands-growth-initiatives-11523" target="_blank" rel="nofollow" target="_blank">Rally&#39;s</a> to Oak Hill Capital Partners was the culmination of a nearly decade-long turnaround engineered by CEO Rick Silva. According to a recent article in Restaurant Finance Monitor, the deal was for $525 million and will fuel the brand&#39;s continued growth moving forward.

&ldquo;Today is a wonderful day, but it&rsquo;s part of a full 10-year journey for us,&rdquo; Silva told Restaurant Finance Monitor shortly after the announcement. &ldquo;We focused on, of course, driving topline sales and we&rsquo;ve had six consecutive years of same-store sales growth, we&rsquo;re up 3.5% this year, up over 3% last year too,&rdquo; he added.

Silva and the Checkers team was focused on a goal of 1,200 units by 2020, but on the heels of the deal with Oak Hill Capital Partners, Silva told RFM he thinks they&#39;ll far surpass that goal.

To read the full article, <a href="http://www.restfinance.com/Restaurant-Finance-Across-America/March-2017/Oak-Hill-Capital-Partners-Buys-into-Next-Phase-of-Checkers-Rallys/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=restaurant-finance-monitor-sale-of-checkers-rallys-to-fuel-the-brands-growth-initiatives-11523" target="_blank" rel="nofollow" target="_blank">click here</a>.

Restaurant Finance Monitor: Sale of Checkers & Rally's to Fuel the Brand's Growth Initiatives

1851 Franchise

The franchise concept has its sights set on passing the 1,200 unit mark by 2020.

restaurant-finance-monitor-sale-of-checkers-rallys-to-fuel-the-brands-growth-initiatives

TruBlue Home Service Ally

Why TruBlue is the Ideal Franchise for Multi-Unit Owners: Scalable Growth With a Purpose

why-trublue-is-the-ideal-franchise-for-multi-unit-owners-scalable-growth-with-a-purpose

Onigilly Japanese Kitchen

Koji Kanematsu Turned a 2,000-Year-Old Japanese Staple Into One of the Most Scalable Restaurant Franchise Models

koji-kanematsu-turned-a-2000-year-old-japanese-staple-into-one-of-the-most-scalable-restaurant-franchise-models

Lindora

Celebrating the Nurse Behind the Mission: How Melinda Endricks Is Powering Lindora’s Growth and Impact Nationwide

celebrating-the-nurse-behind-the-mission-how-melinda-endricks-is-powering-lindoras-growth-and-impact-nationwide

Sola Salons

Sola Salons Targets Chicago for Strategic Franchise Growth

sola-salons-targets-chicago-for-strategic-franchise-growth

Melting Pot

Photo of Melting Pot white chocolate fondue

How Melting Pot Franchisees Drive Year-Round Success Through Strategic Promotions and Local Marketing

melting-pot-franchise-year-round-success

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

DoorDash Expansion Could Reshape Delivery and Operations for Franchise Brands - 1851 Franchise

DoorDash Expansion Could Reshape Delivery and Operations for Franchise Brands

doordash-acquistions-deliveroo-sevenrooms

Crumbl Franchise Investment - TSG Consumer Partners -  1851 Franchise

TSG Consumer Partners Takes Minority Stake in Crumbl, Signaling Franchise Growth Potential

crumbl-franchise-investment-tsg-consumer

Yum Brands Reports Strong Q1 Results with Big Boost from Taco Bell

yum-brands-reports-strong-q1-results-with-big-boost-from-taco-bell

QSR: McDonald’s Gains Momentum With Chicken Innovation, Value Deals and Franchisee Support

mcdonalds-franchise-recovery-chicken-strategy-value-deals-2025

The Future of Franchising: Trends and Predictions for 2025 and Beyond

the-future-of-franchising-trends-and-predictions-for-2025-and-beyond

Layoffs Surge to Pandemic-Era Highs, Opening Doors for Franchise Growth

layoffs-surge-to-pandemic-era-highs-opening-doors-for-franchise-growth

Franchisee spotlight image with Randy and Sandy Craft, Children's Lighthouse logo on blue background

The Crafts’ Successful Journey from New Parents to Children’s Lighthouse Franchisees

the-crafts-successful-journey-from-new-parents-to-childrens-lighthouse-franchisees

Franchisee spotlight graphic with photo of Amy Lepke and family and Papa Murphy's logo

After 14 Years as a Stay-At-Home Mom, Amy Lepke Returned to Papa Murphy’s — This Time as an Owner

papa-murphys-franchise-amy-lepke

Franchisee Spotlight with Micki Waters and Papa Murphy's Logo

Work Mom: How Micki Waters Became a Mother Figure to Her Entire Papa Murphy’s Team

work-mom-how-micki-waters-became-a-mother-figure-to-her-entire-papa-murphys-team

District Taco Franchise Costs, Fees, Profit and Data for 2025

franchise-deep-dive-district-tacos-franchise-costs-fees-profit-and-data

Franchisee spotlight image with photo of Robert Trujillo and UWRG logo on blue background

How Robert Trujillo Expanded His Construction Business With UWRG

how-robert-trujillo-expanded-his-construction-business-with-uwrg

Restaurant Finance Monitor: Sale of Checkers & Rally's to Fuel the Brand's Growth Initiatives

MORE STORIES LIKE THIS