A Drybar franchise roll-up platform built around Joy Vertz's existing 8-store base, expanding through two active acquisitions in Miami and the Regent Portfolio.
Joy Vertz is a 2023 Drybar Franchisee of the Year building a multi-state roll-up platform on top of an established, profitable 8-location base across Illinois, Wisconsin, Indiana, and Montana. The platform is expanding through two active acquisitions: a South Florida portfolio (4 operating locations plus 7 development licenses) and the Regent Portfolio (a 26-location footprint spanning New York, Nevada, and California, with 11 locations currently priced and under negotiation).
Both acquisitions are structured as joint ventures between Joy's holding entities and a capital partner who funds the acquisition and stands as guarantor on the debt, sharing in an 80/20-to-20/80 profit waterfall that flips once the capital partner's investment is recovered.
This portal consolidates everything a lender or capital partner needs to evaluate the platform: the teaser, full financial models for each target and for Joy's existing portfolio, current deal terms, and the complete data room.
Operating since 2018 across IL, WI, IN, and MT. Established, cash-flowing, and the platform's financial foundation.
4 locations + 7 development licenses. $3.0M underwriting basis. DSCR ~2.05x at proposed terms.
26 locations (NY/NV/CA). 11-location tranche priced at $2.0M; CA scope pricing in progress.
Live, interactive financial models for each acquisition target — adjustable loan terms, DSCR, and investor return waterfalls.
The existing 8-store base — the sponsor's operating track record and the financial foundation the platform is built on.
Current deal terms for both active acquisitions.
Every document referenced above, plus supporting materials, organized by category.