Triton Pacific Affiliate Acquires Two KFC Restaurants in Alabama
LOS ANGELES, April 5, 2023 /PRNewswire/ — Triton Pacific Capital Partners (Triton Pacific) announced today that its portfolio company, Tasty Chick’n, LLC (Tasty Chick’n), recently completed the acquisition of a two-unit KFC operator in Colbert County, Alabama, located in the northwestern area of the state and part of the Florence-Muscle Shoals MSA. The purchase price was less than $300,000 per restaurant. The acquisition serves as a strategic add-on investment for Tasty Chick’n, which already owns and operates five KFC restaurants in Alabama. Both stores have long-term franchise agreements in place and no near-term capital expenditure requirements, along with strong potential…