New Owner of MOD Pizza Engages National Franchise Sales for Refranchising Effort
Newport Beach, CA (RestaurantNews.com) MOD Pizza’s new owner, Elite Restaurant Group, as part of their strategic growth and restructuring initiative, have engaged National Franchise Sales (NFS) to lead a comprehensive refranchising effort of their locations nationwide.
The new ownership group, Elite Restaurant Group (ERG) led by Michael Nakhleh is comprised of experienced investors and operators in the restaurant and hospitality industry. ERG is committed to enhancing MOD Pizza’s operations, expanding its footprint, and elevating the customer experience. The decision to partner with National Franchise Sales was driven by NFS’s extensive track record in successfully managing franchise resales and acquisitions, and their deep understanding of the franchise restaurant market.
“NFS’s expertise in refranchising, asset recovery reorganization, and franchise sales makes them the ideal partner to help us optimize MOD Pizza’s market presence and operational efficiency,” Nakhleh said. “We are confident that their strategic approach will be instrumental in identifying the right franchise partners to grow the MOD Pizza brand.”
As part of the refranchising initiative, NFS will employ its comprehensive scope of services to ensure seamless transitions for new franchisees. This will include franchisor and lease approvals, financial consulting, and managing the transaction process throughout the process.
“We are excited to collaborate with MOD Pizza’s new owners and support them in this pivotal phase of growth,” said Michael Ingram, Vice President of National Franchise Sales. “Our goal is to facilitate a refranchising effort that aligns with the brand’s core values and future vision, ensuring long-term success for MOD Pizza and its franchisees.”
For more information about MOD Pizza and the ongoing refranchising opportunities, please contact National Franchise Sales at 949-428-0480 or nfs@nationalfranchisesales.com
About MOD Pizza
MOD Pizza, founded in 2008, is a pioneer of the fast-casual pizza segment, offering artisan-style pizzas and salads that are individually crafted using fresh, flavorful ingredients. With over 500 locations across the United States, MOD is committed to creating a positive social impact in the communities it serves.
About National Franchise Sales
National Franchise Sales (NFS) is a leading brokerage firm specializing in the sale, acquisition, and refranchising of franchise restaurant businesses. NFS provides expert advice and strategic planning to optimize the value and efficiency of franchise resale transactions.
Contact:
Michael J. Ingram
Vice President
National Franchise Sales
mi@nationalfranchisesales.com
949-428-0482
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