Joyal Capital Divests from 14-Store Dunkin’ Profile in City Boston
January 20, 2021
A subsidiary of Joyal Funding Monitoring has unloaded from a profile of 14 Dunkin’ retail areas in city Boston. The transaction was valued at $44 million.
Northern Management Group, a franchisor of hotel, corner store and dining establishment concepts that runs greater than 100 residential properties in the Northeast, got the profile. In an unrelated transaction, Joyal Funding additionally lately closed on the sale of 61 Dunkin’ shops in Southeast Florida to a concealed buyer.
“For time, our firm wanted to acquire brand-new assets found in New England, particularly in the Dunkin’ brand name, yet discovering chances was tough,” claimed Jigar Patel, companion at Northern Management Group.
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