VP, Franchisee Transactions & Distressed Workouts

FAT Brands Inc.

Los Angeles (CA)

On-site

USD 180,000 - 240,000

Full time

3 days ago
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Job summary

FAT Brands Inc. in Los Angeles seeks a VP of Franchisee Relations to own complex franchisee matters, including transfers, workouts, and landlord negotiations, protecting unit counts and royalty bases.

The role sits above the Franchise Business Consultant team and covers the U.S. franchised portfolio across all brands, focusing on retained units, completed transfers, and avoidance of avoidable closures.

Qualifications

  • 10+ years in franchising, multi-brand experience preferred
  • Experience negotiating and closing commercial transactions
  • Ability to read franchise financial statements and model concessions
  • Strong understanding of franchise agreements, AREA Development and transfer provisions
  • Willingness to travel regularly

Responsibilities

  • Own transfers and ownership transactions end-to-end, including qualification, structuring, fees and closing coordination
  • Lead workouts with distressed franchises to preserve units and royalties
  • Advise on landlord and lease negotiations, extensions, assignments and terminations
  • Manage development obligation restructurings and renewals with counsel oversight
  • Monitor portfolio risk and report units at risk, arrears and closures avoided
  • Coordinate across Operations, Finance, Legal, Construction, Supply Chain and Marketing
  • Approve terms within authority thresholds and document recommendations

Skills

Negotiation
Franchise operations
Cross-functional coordination
Financial acumen
Strategic planning
Communication
Travel readiness

Education

Bachelor's degree
MBA or JD (nice-to-have)

Job description

FAT Brands Inc. in Los Angeles seeks a VP of Franchisee Relations to own complex franchisee matters, including transfers, workouts, and landlord negotiations, protecting unit counts and royalty bases.

The role sits above the Franchise Business Consultant team and covers the U.S. franchised portfolio across all brands, focusing on retained units, completed transfers, and avoidance of avoidable closures.

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