NGA Role
• NGA appointed as receiver over the real estate and operating assets of this company by Clermont County Court of Common Pleas.

Problem
• Distressed restaurant needed to be controlled and sold along with company owned real estate.

NGA Solution
• NGA entered into contract with franchisor to allow them to manage the restaurant operation and lease the underlying real estate.
• NGA worked with secured lender to arrange sale of its note to another franchisee.

Outcome
• Secured lender sold note to a franchisee which took over the operation and real estate from the receivership.

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Contact Info

4675 Cornell Rd #195
Blue Ash, OH 45241

513-489-7399
turnaround@newgrowthadvisors.com

Daily: 9:00 am - 6:00 pm
Weekends: Closed

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