Tag: Mike Covelli A&W Franchise

A Real Estate Developer’s Tryst with Multi-Unit A&W Franchise
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A Real Estate Developer’s Tryst with Multi-Unit A&W Franchise

Lee Fry, a real estate developer, has worked with some of the world's most recognized brands, including Dunkin', Chipotle, Panera, Wendy's, and McDonald's. As a result of this experience, Lee Fry and his wife Karin determined the best business model for them to pursue as a franchise buyer. In December 2020, The Frys eventually purchased an A&W restaurant in North Aurora, Illinois. They have stressed the importance of having someone walk them through each stage of the franchise purchase process, which he did from a retiring owner. Almost every brand that offers a drive-thru model is required to obtain a special use permit, which requires a public hearing with the city to discuss everything—parking, hours of operation, zoning, and traffic. Fry was able to apply those lessons to A&a...