
31 Mar Acquisitions Anonymous: Buying 6 Fazoli’s Franchises in Rural Texas: Would You Do It?
In this episode of Acquisitions Anonymous, the full panel—Mills, Bill, Michael, and Heather—dives into a listing for six Fazoli’s franchise locations scattered across Abilene, Midland-Odessa, and Lubbock, Texas. With over $13M in revenue and $1.1M in EBITDA, the team breaks down the dynamics of buying a foodservice business in rural America. They explore the challenges of multi-location management in a geographically spread market, the hidden costs of restaurant leases, CapEx requirements, and why existing franchisees might be passing on the deal. From franchising quirks to fast-casual Italian economics, it’s a meaty one—hold the marinara.