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Ep. 147: Mike Esposito, Franchise Equity Partners | Box Economics and Multi-Unit Franchise Investing
Season 4
Episode 52
Published 3 weeks ago
Description
On this episode, Mike Esposito, Co-Founder and Co-Managing Partner at Franchise Equity Partners, unpacks why multi-unit franchise investing has stayed an underserved niche in private equity, and what it takes to underwrite these deals well.Learn how box economics—margins, rent and store format—separate the franchise brands worth backing from the ones that aren't, and why new-unit development, not same-store sales growth, drives most of the returns. Then hear how bringing data science and marketing discipline into overlooked "pre-moneyball" industries like car washes and garage door repair unlocks value most operators are leaving on the table.