Retail Sale Leaseback – Pizza Hut in Castle Rock, CO

Background:

The Ascension Advisory team represents Grand Mere Restaurant Group, a leading Pizza Hut franchisee with over 145 locations in nine states. Grand Mere recently opened a new Pizza Hut location in Castle Rock, Colorado in 2022 that showcases the brand’s latest design features.

Client Objective: 

Given Ascension’s experience in QSR sale leasebacks, Grand Mere engaged the Ascension team to structure and facilitate a sale leaseback transaction, seeking to free up unnecessary capital in the real estate to reinvest in the business and continued expansion of the platform.

Solution: 

The Ascension team got straight to work, baking up marketing materials and beginning investor outreach for a competitive marketing process. By leveraging their network of private and institutional investors with a QSR focus, Ascension generated multiple offers and awarded the deal to an experienced private buyer local to the Castle Rock location. The Ascension team worked with the parties to successfully close the transaction, creatively structuring the long term sale leaseback to achieve attractive terms for the client and investor.