1851

The quick service franchise restaurant industry is booming, and that has led to a flurry of acquisitions including Tampa-based <a href="http://www.checkers.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=qsr-checkers-rallys-elaborates-on-recent-aquisition-12014" target="_blank" rel="nofollow" target="_blank">Checkers &amp; Rally&#39;s</a> which was acquired by acquired by Oak Hill Capital Partners for around $525 million at the end of March.

According to a recent article in QSR Magazine, this comes as deals involving Burger King, Popeyes, Jimmy John&#39;s, CiCi&#39;s Pizza, and Wetzel&#39;s Pretzels have been completed in the first part of 2017.

&ldquo;Investors are looking for a strong track record. I think they&rsquo;re also looking or a strong and stable management team and they&rsquo;re also looking for exciting growth ahead,&rdquo; Rick Silva, President and CEO of <a href="https://checkers.1851franchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=qsr-checkers-rallys-elaborates-on-recent-aquisition-12014" target="_blank" rel="nofollow" target="_blank">Checkers Drive-In Restaurants, Inc.</a>, told QSR Magazine. &ldquo;At Checkers and Rally&rsquo;s, they found all three of them.&rdquo;

Checkers is coming off of six consecutive years of system-wide same-store sales growth and according to a study by Buxton, the brand has room for 3,000 units in the 29 states and the District of Columbia where they already have a presence - with even more opportunity in untapped markets.

You can read the entire article <a href="http://https//www.qsrmagazine.com/exclusives/why-are-so-many-quick-service-restaurants-being-sold?utm_source=1851franchise.com&utm_medium=article&utm_campaign=qsr-checkers-rallys-elaborates-on-recent-aquisition-12014" target="_blank" rel="nofollow" target="_blank">here</a>.

QSR: Checkers & Rally's Elaborates on Recent Aquisition

1851 Franchise

President and CEO Rick Silva elaborates on the Oak Hill Capital Partners sale and impact it will have on the concept

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QSR: Checkers & Rally's Elaborates on Recent Aquisition

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