FOR IMMEDIATE RELEASE
DATE: May 1, 2019
CONTACT: Larry Lane
VR Business Brokers Facilitates Sale of Papa Johns
May 1, 2019 – VR Business Brokers of Dallas TX, a leader in the sale of privately held companies,
recently facilitated the sale of a two-store package of Papa John’s Pizza locations. The stores are
located in Sherman and Denison, TX.
Papa Johns Pizza in Sherman was opened in 2015, followed by a second store opening in Denison
in 2016 – the original owners being brothers Ali and Rahim Hemani. Papa Johns is a leading pizza
chain in the US with over 5,000 locations.
The two locations have now been purchased by Relianse Global, LLC of McKinney, TX. Relianse
Global is a family owned investment firm with a variety of business holdings.
“We are extremely excited to acquire the Papa Johns locations in Sherman and Denison, and look
forward to continuing to serve the local communities with the ‘better ingredients, better pizza’
tradition that has helped build the Papa Johns brand”, says Haresh Surti, president of Relianse
Global. The new owners assumed possession of the business on April 22, 2019!
VR Business Brokers of Dallas, TX handled all aspects of the transaction, from initial business
valuation to marketing the opportunity and providing support through the closing process. Terms
of the transaction were not disclosed.
About VR Business Brokers, Dallas, TX
VR Business Brokers of Dallas is part of the worldwide franchisor organization that has been
servicing small to medium size privately held companies since 1979. VR Business Brokers of
Dallas has handled transactions for privately held businesses with revenue ranging from $200,000
to $60,000,000 and assists business owners with exit strategy planning, business valuations,
packaging and marketing of the opportunity, and full negotiation services through to closing. For
more information about VR Business Brokers, please call 214-733-8282, or visit