Opportunity to acquire three Zaxby’s restaurant operations in South Carolina, located in strong and growing Southeast markets
Two locations in the North Charleston MSA with historically strong sales and above-average unit volumes
North Charleston locations benefit from average household incomes exceeding $100,000 and historical population growth above 2%
Both North Charleston stores have been operating for over a decade, with one location open for more than 20 years, providing a loyal, established customer base
Recent capital improvements completed at the North Charleston locations with no near-term capex required
Third location in the North Myrtle Beach MSA, constructed approximately three years ago and positioned for continued growth
Strong retail synergy at the North Myrtle Beach location, with Starbucks recently built adjacent and major national retailers, including McDonald’s, entering the corridor
Zaxby’s is a leading QSR brand with nearly 1,000 locations nationwide, $2.52B in systemwide sales (2023), ranked #44 on Franchise Times Top 400, and backed by Goldman Sachs