Grand Rapids, MI-based Small Business Deal Advisors (“SBDA”) is pleased to announce the successful sale of A&W All American Food ® Restaurant of Stansbury Park, Utah, to an individual investor.
A&W of Stansbury Park opened in early 2018. The All-American restaurant serves hamburgers, hot dogs, shakes, and their iconic A&W root beer. A&W Stansbury operates out of a beautiful newly renovated building.
Jenny Kingston, general manager at A&W of Stansbury Park, commented, “Working with SBDA was a great decision for us. Their confidential and professional marketing brought numerous buyers to the table and we closed the deal just four months after starting the process. I did not think this could get done so quickly but I am glad it did. SBDA has a great team, and their franchise resale process is second to none.”
The buyer, Daniel Crockett, added, “I’m very excited to step into the A&W franchise system. What an incredible brand and legacy.”
The deal was led by Associate Broker Doug Yntema. SBDA advised A&W of Stansbury Park on the sale through the development of marketing materials, comprehensive marketing of the acquisition opportunity, and consulting through the negotiation,
due diligence, and closing periods. SBDA continues to take on engagements nationwide and the A&W transaction demonstrates that SBDA is able to successfully source and close deals across the country.
A&W Restaurants, Inc. is an international chain of fast-food restaurants that dates to 1919. There are currently over 625 A&W locations in the United States and 340 international locations. A&W is an iconic brand that is experiencing a major renaissance under new franchisee ownership. The A&W Brand is owned by a partnership of international and domestic franchisees, including the National A&W Franchisees Association (NAWFA). With their years of experience working on the front lines of their own franchises, NAWFA helped restructure the A&W business model in 2011, bringing the brand back in line with its 100-year-old roots.
Terms of the transaction were not disclosed.