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Follow on Google News | ![]() Franchise Restaurant Sold by We Sell Restaurants Loco's Grill BuckheadFranchise Restaurant Loco's in Buckhead was sold by Atlanta Restaurant Brokers, We Sell Restaurants. This franchise resale is one of many the firm has brokered.
By: Robin Gagnon, Atlanta Restaurant Broker, MBA Locos Franchise Company has been franchising Locos restaurants since 1997.The concept began a tiny general store and deli in Athens, Georgia called Locos Deli and General Store. They sold sandwiches, milk, toilet paper and other basic needs of college students and delivered them to the residents and students around the University of Georgia. Nearly 20 years later Locos is a thriving concept with the name Locos Grill & Pub, and has grown to more than twenty locations throughout the Southeast. Eric Gagnon represented the seller in the transaction and had this to say, "Resale of a franchise is a specialty of our firm. We work closely with the sellers to understand the financial position of the business and market it both clearly and confidentially so there's never any question what the buyer can expect. That helps us achieve a 90% closing rate on contracts, far above the national average." More information about their services can be found online at http://www.wesellrestaurants.com The buyer, Smit Valiani is also longtime client of We Sell Restaurants. He has invested several years in his search for the ideal restaurant to buy. He was pleased to find a franchise operation with excellent books and records available for review along with a talented team at the franchise level to assist in the transition. He had this to say of his experience, "It was really good, very easy and Jason here, helped me through the whole process." Jason Holbrook was the agent representing the buyer in the transaction. # # # We Sell Restaurants is one of the nation’s largest restaurant brokerage firms. They wrote the book on selling restaurants. Appetite for Acquisition is described as "the definitive guide for anyone looking to enter the restaurant industry." More information can be found online at http://www.appetiteforacquisition.com/ End
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