Famous Dave’s Sale Leaseback Financing

Famous Dave’s Sale Leaseback Financing

Bryant Park Capital serves as the financial advisor to a leading franchisee (the “Company”) in the Famous Dave’s of America, Inc. (NASDAQ: DAVE) franchisee restaurant system. In a two phased approach for the sale of the Company, it was determined that Bryant Park would first optimize the value of the real estate holdings by arranging sale-leaseback financing. In a highly competitive process, the asset value was increased by over 25% above the initial indications of interest while still maintaining an optimal occupancy cost to revenue ratio. In addition, key terms of the master leases were modified to further support and sustain the underlying value of the Company’s operations.

Famous Dave’s Sale Leaseback Financing

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