Tacoma, Inc, a Martinsville, Virginia based YUM! Brands franchisee owned and operated by long-time franchisees, Will Pannill, Tim Reith and Amy Lampe, has sold 25 Taco Bell restaurants, including the real estate underlying 21 of the locations, to an affiliate of BurgerBusters, Inc., owned and operated by Tassos Paphites, a franchisee since 1986. Eighteen of the stores are stand-alone Taco Bell restaurants, five are Taco Bell/ Pizza Hut express restaurants and two are Taco Bell/ Long John Silver’s co-branded restaurants.
Amy Lampe, CEO of Tacoma, had the following comments about the level of service provided by the Auspex team: “They are very professional and very good at what they do, and they deliver. They painted a very realistic picture of what the deal process was going to be and gave us very good advice throughout the process. They have done so many of these transactions including, sell-side, buy-side and financings, and all that experience brought a wealth of knowledge to our transaction. They under-promise and over-deliver. They became our trusted advisor and that’s what you want when you are doing one of these deals – somebody you know is going to tell you the truth, that you can get hold of and somebody you can count on to give you good advice.”