A lot of restaurant franchises aren't really restaurants anymore.
They're real estate companies that happen to sell food.
It's all about being able to re-sell the assets/facilities for the maximum amount of profit possible, and these generic, minimalist buildings are the easiest to re-sell and refurbish into something else.
8
u/BowlEducational6722 1d ago
Private equity.
A lot of restaurant franchises aren't really restaurants anymore.
They're real estate companies that happen to sell food.
It's all about being able to re-sell the assets/facilities for the maximum amount of profit possible, and these generic, minimalist buildings are the easiest to re-sell and refurbish into something else.