Graves: Company-owned restaurant chains achieve far higher valuations than franchise models
Todd Graves · Advice Line with Todd Graves of Raising Cane's · Dec 25, 2025 · at 19:11
Raising Cane's founder Todd Graves compares the valuation and financial economics of company-operated stores versus franchised locations.
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“Another advantage of having your own restaurants, company restaurants, is that your valuations are way higher, right? So your sales, your profitability, your EBITDA that goes through as you grow company restaurants, just the company's worth so much more, man.”
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