How to Build a Portfolio of 20 Franchise Locations
Michael Horowitz was looking to buy an independent business when a different path opened up. Today he owns 20 Wingstops.
Topics in Michael’s interview:
Pros and cons of searching within franchises
Why Michael was attracted to QSR’s (quick service restaurants)
Buying 7 Wingstop locations in Ohio
Writing an operating agreement for 3 co-owners
Development agreements with franchises
Operating QSR’s during Covid
Opening and closing a ghost kitchen
Daily operations of owning 20 Wingstop locations
Motivating hourly restaurant employees
Michael’s advice for searchers considering QSR’s
Links and how…
The skinny
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