Drive Thru QSR Sale Leaseback

Yes, we loop in franchise counsel when San Diego, CA buyers need clarity on assignment rights, personal guarantees, and franchisor approval requirements. Franchise agreements often restrict who can hold the lease, which affects how quickly a sale leaseback can close.

We collect trailing twelve month sales reports and point of sale data where the operator or franchisor discloses it, so San Diego, CA investors can verify rent coverage before making an offer rather than relying on the asking cap rate alone.

We structure multi asset identification lists so San Diego, CA exchangers can combine several drive thru stores and still stay inside the three property rule or the two hundred percent rule, whichever fits the combined value of the relinquished property.

Yes, in a sale leaseback the current operator is selling the real estate and signing a fresh lease at closing, while an existing net lease purchase involves an assumed lease already in place. San Diego, CA investors sometimes prefer sale leasebacks because lease terms can be negotiated fresh to match exchange timing.

We generally prioritize leases backed by a corporate guarantee from the parent franchisor or a well capitalized multi unit operator rather than a single store personal guarantee, since corporate backing typically provides stronger downside protection for San Diego, CA investors.

Sale leaseback transactions can close quickly once terms are agreed, which helps San Diego, CA exchangers working against the forty five day identification and one hundred eighty day closing deadlines, though we still recommend building backup candidates in case a specific deal stalls in due diligence.