Miami-based restaurant group Sliderz MG is partnering with Boca Raton, Florida, venture capitalists Benzion Aboud and Joe Randazza in securing $21 million in funding for Sliderz UL national expansion. Sliderz MG will have an exclusive management contract to operate the new locations.
“This partnership will increase our national footprint much faster than we could have done on our own,” says Buzzy Sklar, Sliderz MG CEO and newly named CEO of Sliderz UL. “We couldn’t be more excited to begin seeking out new locations according to our roll our plan.”
Sliderz MG will work closely with Sliderz UL on implementing and executing an aggressive national rollout plan, which will total 80 locations over the next five years.
“My partner Joe Randazza and I are thrilled to be joining the Sliderz family at such a critical inflection point,” Aboud says.
Each new location will occupy a nonconventional lease space with a main focus on mall food courts, airports, stadiums, and casinos under a licensing and management agreement where all locations will be operated by Sliderz MG. The brand’s main goal is to bring a healthier option to the fast-casual dining industry with naturally sourced, high quality food that is hormone and antibiotic free.
Sliderz is already expanding quickly in the South Florida area with a confirmed opening at Simon Malls operated Boca Town Center in August 2016 and active deals with General Growth Properties, Macerich, and Westview taking possession of those locations in early 2017.
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