April 04, 2025 // Franchising.com // Newport Beach, CA – National Franchise Sales (NFS) is pleased to announce the successful close of escrow and ownership transfer for 77 Pizza Hut restaurants across three key markets. This marks the completion of a competitive auction process, recovering just under $12 million for the bankruptcy estate.
Held on January 28 in Dallas, the auction attracted strong interest from qualified franchise operators and investors. Despite financial challenges, including negative EBITDA at nearly one-third of the locations, NFS deployed a strategy focused on a core group of 38 higher-performing restaurants, and supplemental strategy for an additional 39 locations. This dual track strategy invigorated buyer interest and maximized recovery for the estate.
“Situations like these require the right mix of strategy, industry insight, and buyer relationships—something we take pride in bringing to the table,” said Alan Gallup, NFS Partner leading the company’s Asset Recovery Team. “With escrow closed and ownership transitioned, these locations are now poised for growth under their new operators.”
NFS remains the trusted partner for franchise operators, lenders, and stakeholders seeking expert guidance in asset recovery, refranchising, and M&A advisory.
National Franchise Sales (NFS) is a leading M&A advisory and brokerage firm specializing in the sale, acquisition, asset restructuring, and refranchising of existing restaurants and restaurant brands. With decades of experience and an extensive network of qualified buyers, NFS delivers strategic solutions to maximize value in franchise transactions.
SOURCE National Franchise Sales
National Franchise Sales has led franchise brokerage since 1978, helping franchisees and franchisors buy and sell businesses, from single units to multi-unit sales of over 50 units.