Far West Services up for sale with banks and direct lenders eyeing financing
- Emily Fasold
- +Bill Weisbrod
Wing Stop franchisee Far West Services is working through a sale process managed by North Point, sources told 9fin.
The California-based business is being marketed on roughly $40m in LTM adjusted EBITDA, sources said.
Far West is targeting a valuation in the 9-10x range, driven by typical valuations in the franchisee space, sources said.