As restaurant franchisees and single-unit operators look to expand, they find out just how much they don’t know about the financing needed to fund growth, which longtime restaurateur Tabbassum Mumtaz and other franchise executives aim to fix with next week’s Dealmakers’ Summit in Chicago.
Mumtaz, chief executive of Dallas-based Apex Restaurant Management, which operates more than 165 locations of KFC, Taco Bell and Long John Silver’s, is one of several organizers of the summit, which takes place Aug. 28-29 at the Hotel Sofitel Chicago Water Tower. The event is meant not only to educate franchisees about finding growth capital and understanding finance deals, but also to connect those operators and franchisors with private-equity firms and other investors. Read more.