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Acquiring Minds

How to Build a Portfolio of 20 Franchise Locations

94 min • 17 april 2023

Michael Horowitz was looking to buy an independent business when a different path opened up. Today he owns 20 Wingstops. 

Topics in Michael’s interview:

  • Pros and cons of searching within franchises
  • Why Michael was attracted to QSR’s (quick service restaurants)
  • Buying 7 Wingstop locations in Ohio
  • Writing an operating agreement for 3 co-owners
  • Development agreements with franchises
  • Operating QSR’s during Covid
  • Opening and closing a ghost kitchen
  • Daily operations of owning 20 Wingstop locations
  • Motivating hourly restaurant employees 
  • Michael’s advice for searchers considering QSR’s

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