Buying 6 Fazoli’s Franchises in Rural Texas: Would You Do It?

Would you buy 6 top-performing Italian franchise restaurants spread across rural West Texas?

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Thanks also to Edler Zain, the CPA firm built for entrepreneurs. From QofEs to full-service CFO support, get the Builders Package at https://www.edlerzain.com – and mention Acquanon!

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.

• Breakdown of a $5M asking price on $1.1M EBITDA
• Franchising dynamics: Why aren’t existing franchisees buying this?
• Real estate challenges: 6 locations, none of the real estate included
• CapEx cycles in restaurants and why “no CapEx required” might be misleading
• Geographic dispersion: Managing 6 locations spread across West Texas
• Who the ideal buyer is—and why it’s probably not you
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