The Restaurant Boiler Room

Join Managing Director Rick Ormsby of Unbridled Capital with VP Derek Ball and Tom Ice of Gray Ice Higdon Attorneys at Law as they discuss some legal considerations to make when you plan on acquiring a restaurant business. Some topics of discussion will include: 1. Negotiating a Letter of Intent 2. Key elements of a Purchase Agreement 3. Franchisor transfer approval legal considerations 4. Due dil...

With permission from Franchise Times, we will be playing a recent webinar with myself and others, moderated by the good folks at Franchise Times and the Restaurant Monitor. The webinar's title is: Franchisees Attracting New Investors and How You Can Join the Club. This was a webinar for Dealmaker’s Week, and Unbridled won a Dealmaker of the Year award for 2023. I hope you enjoy it!

Managing Director of Unbridled Capital Rick Ormsby is joined by SG Ellison to discuss his rise from being a real estate investor to owning 300+ Taco Bell franchises. Some topics of discussion will include: 1. How SG got into the industry 2. How his team built out a 200+ unit platform on Taco Bell and Arby's restaurants 3. Thoughts on the current operating environment 4. M&A and growth plans for th...

Managing Director of Unbridled Capital Rick Ormsby discusses the following topics in this episode of The Restaurant Boiler Room: 1. Unbridled wins a dealmaker of the year award 2. New trends of franchisors preferring midsize operators to large PE funds 3. Thoughts from the recent KFC Convention 4. Supply and demand of restaurant M&A deals currently 5. Musings on the pizza business 6. Lenders eager...

Managing Director of Unbridled Capital Rick Ormsby is joined by VP Derek Ball & Senior Manager Peter Fisher to discuss the state of franchise M&A in 2023. Some topics of discussion will include: 1. Considerations when doing a deal in 2023 2. Commentary on current supply and demand for buying and selling 3. Lending, Cap Rates, EBITDA multiples 4. Thoughts on inflation, sales forecasting, and timing...

Managing Director Rick Ormsby ends the year with an M&A wrap-up for 2022. He also gives some talking points for over the holidays when friends or family make the comment that they might want to own a franchise. The Restaurant Boiler Room will be back for season 5 in January! We thank you all for your continued support!

Managing Director Rick Ormsby gives an update on the Restaurant Finance and Development Conference he recently returned from in Las Vegas. While at RFDC, Rick was a panelist and discussed the inflationary environment and its impact on valuations. In this episode, he also discusses some of his responses from the panel.

Rick Ormsby is joined by Adam Diamond & Tom Scott to discuss: -How did Tom and Adam decide on franchise ownership? -What brands do they operate and why? -How do they capitalize their businesses? -What are their growth plans? -What are their views on the future, giving the concerns on inflation and recession?

I will be doing a walk down memory lane with M&A patterns from the past 20 years as well as give some reactions from discussions with franchisees at several recent restaurant conventions, I’ll talk about recent M&A transactions completed, and I’ll discuss the impact of the new FAST Act legislation in California.

In this episode of The Restaurant Boiler Room, Rick Ormsby is joined by Josh Lewis and Chelsea Mandel to discuss franchise real estate updates for 2022. Some topics of discussion will include: - macroeconomic picture: how has the real estate market for buyers & sellers changed this year? - how are terms changing during due diligence? - what is the impact of rising interest rates on real estate val...

In this episode of The Restaurant Boiler Room, Rick Ormsby discusses some M&A perspectives in the franchise lending environment, as well discussing deal cyclicality in a calendar year and addresses some real estate valuation considerations in a slowing deal market.

Join Rick Ormsby with special guests Michael Eagen and John Dysart as they discuss the following topics about the lending atmosphere for Q2 of 2022: - Macroeconomic outlook for franchise loans right now? - How have terms changed? - How is credit/risk making decisions right now? - Which brands are performing well? - Second half outlook for rates, leverage, and loan volume

In this episode of The Restaurant Boiler Room, Rick Ormsby is joined by Derek Ball & Tony Petrunin to discuss Q2 M&A with a 15 question countdown.

In this episode of The Restaurant Boiler Room, Managing Director of Unbridled Capital Rick Ormsby discusses the lifecycle of a brand's turnaround efforts - from distressed, to wildly successful, and back to distressed. He also gives an update on valuations as the unpredictable year progresses. Finally, he talks factors that could be leading us to a recession but might create a favorable supply/dem...

In season 4 episode 3 of The Restaurant Boiler Room, we unveil the details and negotiations from 2 of Unbridled’s landmark deals closed in 2021. Rick also talks about deal challenges we are seeing in the M&A market in 2022. And we will tackle the question – "What to do if your buyer wants to walk away or re-trade your deal?"

In this episode of The Restaurant Boiler Room, join Managing Director Rick Ormsby as he participates in the Franchise Management Guest Speaker Series at Kennesaw State University in Georgia. Rick is joined by Jordan Krolick, professor of MGMT 4124. Listen as he answers questions about his background, personal and professional story, and as he explains how Unbridled Capital operates within the fran...

In the first episode of season 4 of The Restaurant Boiler Room, Rick Ormsby, Managing Director of Unbridled Capital discusses his thoughts on franchise M&A trends for 2022. What does he see changing this year? What does he see staying the same? Find out as we delve into our first episode of 2022!

In this episode, Managing Director of Unbridled Capital, Rick Ormsby, will be answering 10 of the most commonly-asked questions from sellers, buyers, and investors who are fueling the surge in M&A activity in the franchise sector. These questions are wide in scope, so they should provide valuable insights for almost any listener.

Join Managing Director Rick Ormsby, along with Derek Ball and Tony Petrunin from Unbridled Capital, as they discuss: We answer a series of questions aimed at laying out our 4th Quarter views on the franchise M&A market, due diligence and timing pressures as we approach year end, the lending market on franchise deals right now, an outlook for franchise M&A in 2022, and commentary on brands, segment...

In season 3 episode 10 of The Restaurant Boiler Room, Rick Ormsby discusses this month’s view of the M&A landscape, how franchisees are thinking about tax legislation, observations from recent franchise conventions, tough operating conditions right now in the franchise industry, franchisors becoming more involved and aggressive, and what happens when a business starts to underperform during due di...

In this episode of The Restaurant Boiler Room, Rick Ormsby discusses the steps to take to purchase a franchise business internationally.

Rick Ormsby of Unbridled Capital is joined by Apple-Metro CEO Zane Tankel. Tankel talks with Ormsby about the re-emergence of casual dining after the pandemic. Tankel's story is one of perseverance, resilience, and dedication to his company, his staff, and himself.

In this episode of The Restaurant Boiler Room, Rick Ormsby discusses the steps needed to compress a deal timeline to meet a year-end closing. With quarter four approaching quickly, learn what steps are needed to close with ease.

Rick shares his YTD perspectives on sales, profits, valuations, real estate, financing, and M&A in the restaurant industry.

What has changed in franchise M&A in the past few months? How is deal flow right now? What is happening to valuations? Are lenders eager or stingy? Join Rick Ormsby, Derek Ball, and Tony Petrunin, as they discuss these questions among the following topics: 1. Q2 M&A market conditions 2. QSR sales and profit outlook 3. Restaurant valuation update 4. Results from a recent lender survey 5. Real Estat...