Newport Beach, CA (Restaurant News Release) National Franchise Sales (NFS) has been engaged to manage the marketing and sale process for approximately 50 Carl’s Jr. restaurant locations operated by Sun Gir Incorporated and affiliated entities as part of an ongoing Chapter 11 proceeding.
The Chapter 11 cases are pending in the United States Bankruptcy Court for the Central District of California, Santa Ana Division. The portfolio consists exclusively of California locations, with restaurants located primarily throughout Southern California and additional smaller presence in Northern California markets.
The decision to engage National Franchise Sales was driven by NFS’s extensive experience managing franchise restaurant transactions, distressed asset sales, and restructuring-related engagements throughout the franchise restaurant industry.
NFS is assisting in the asset recovery and sale process by identifying qualified buyers, coordinating diligence, and facilitating an orderly transaction process designed to maximize value for all stakeholders involved.
“National Franchise Sales is committed to executing a professional and efficient sale process for Sun Gir Incorporated and its affiliated entities. Our objective is to maximize value while creating opportunities for qualified operators and strategic buyers throughout California,” said Michael Ingram, Lead Advisor for the NFS Asset Recovery Team.
Additional marketing materials and the Confidential Information Memorandum (CIM) are expected to be released this week. Interested parties are encouraged to visit NationalFranchiseSales.com or contact their advisor for additional information regarding the opportunity.
About National Franchise Sales
National Franchise Sales (NFS) is a leading M&A advisory and brokerage firm specializing in the sale, acquisition, asset restructuring, and refranchising of existing franchise restaurants and restaurant brands. NFS provides strategic planning, expert advice, and proven execution to optimize the various stages of franchise investment.
Contact:
Michael Ingram
National Franchise Sales
mi@nationalfranchisesales.com
949-428-0482