This business offering consists of a nightlife franchisor focused on hookah and hemp lounges, and a food & beverage service franchisor.

Key Aspects

Revenue for the nightlife company grew at a compound annual growth rate (CAGR) of 390% from 2019-2021
The nightlife company has 15 active franchise locations with 22 new signed franchise agreements for locations coming soon
The food & beverage company has 16 active locations with 14 new signed franchise agreements for locations coming soon
Featured in Quick-Service and Fast Casual Restaurant News and Information (QSR) magazine

Financial Note: The nightlife company financials are subject to intercompany transactions that have not been identified

Opportunities

Continued geographic expansion both domestically and internationally to target markets
Legalization of marijuana and ability to offer “smoke-friendly” products and services in the nightlife market
Hold company-owned units to yield higher returns beyond franchise fees
Expansion to hotels, airports, and stadiums to increase brand recognition

Headquartered

Current Markets

The company is a franchisor in the nightlife, and food & beverage industries serving customers throughout the Central and Southeastern United States and expanding rapidly throughout the US.

Real Estate

The company operates from an approximately 1,000 sq. ft. office leased from an unrelated third party. The office space is shared with related franchise brands. The business will need to be relocated.

Shareholder Objectives

The nightlife company is indirectly controlled through a related party, with two minority partners owning 5% each. The related party fully owns the food & beverage company. The founder of both companies is the sole owner of the related party. Ownership is willing to stay on for a transitionary period.

Benchmark International

Two Franchisors in the Night Life and Food & Beverage Industries- BN000041531