Tenant Profiles

24 Hour Fitness

24 Hour Fitness is a privately owned and operated fitness center chain headquartered in San Ramon, California. It is the second largest fitness chain in the United States based on revenue after LA Fitness, and the fourth in number of clubs (behind LA Fitness, Anytime Fitness & Gold's Gym),[4] operating 420 clubs in only 13 U.S. states with four million clients to LA Fitness's 725 clubs in 30 states. The company was founded by Mark S. Mastrov and owned by AEA Investors. The company filed for bankruptcy in June 2020.

Private
NR
N/A
Healthcare
725
22,000

7-Eleven

7-Eleven, Inc. is the U.S. subsidiary of an international chain of convenience stores that operates, franchises and licenses some 58,300 stores (as of January 2016) in 17 countries. In the U.S. and Canada, the company operates, franchises and licenses close to 8,700 convenience stores. Of the more than 8,700 stores the company operates and franchises in the United States, more than 6,400 are franchised. A typical 7-Eleven store in the U.S. has between 2,400 and 3,000 square feet and carries about 2,500 different items. 7-Eleven Inc. is headquartered in the US city of Dallas. Its parent company, Seven-Eleven Japan Co., Ltd., is located in Tokyo. Seven-Eleven Japan is held by the Seven & I Holdings Co. holding company.

Private
AA-
N/A
Gas/C-Store
956526
N/A

Financial Profile

(all numbers in thousands)

2019 2019 2018
Revenue 21,033 21,033 21,871
EBITDA 52,173 52,173 50,107
Assets 7,735 7,735 7,949
Debt - - -

99C Only Stores

99 Cents Only Stores LLC operates retail stores in the United States. Its stores offer consumable products and other household items, and seasonal items, as well as domestic and imported fresh produce, deli, dairy, and frozen and refrigerated food products. As of April 25, 2017, the company operated 391 stores located in California, Texas, Arizona, and Nevada. It also engages in the wholesale of merchandise to retailers, distributors, and exporters. The company was founded in 1965 and is based in City of Commerce, California. 99 Cents Only Stores LLC is a subsidiary of Number Holdings, Inc.

Private
B-
N/A
Big Box
N/A
N/A

A&W

A&W Restaurants, Inc. is a chain of fast-food restaurants distinguished by its craft root beer and root beer floats. Its origins date back to when Roy W. Allen opened a walk-up root beer stand in Lodi, California, in 1919. Allen’s employee Frank Wright partnered with him and founded the first A&W restaurant in Sacramento, California, in 1923. The company name was taken from the initials of their last names — Allen and Wright. The company became famous in the United States for its “frosty mugs,” where the mugs would be kept in the freezer and filled with A&W Root Beer before they are served to

Public
BB
NYSE: YUM
Quick Service Restaurant (QSR)
N/A
N/A

Aarons

Aaron’s, Inc. a leading omnichannel provider of leasepurchase solutions was founded in 1955, has been publicly traded since 1982, and owns the Aarons, Progressive Leasing and HELPcard brands. Aaron’s engages in the sales and lease ownership and specialty retailing of furniture, consumer electronics, home appliances and accessories through its more than 1,860 company-operated and franchised stores in 47 states and Canada as well as its e-commerce platform Aarons.com. Progressive Leasing, a virtual lease-to-own company, provides leasepurchase solutions through approximately 19,000 retail locations in 46 states. Dent-A-Med, Inc., d/b/a the HELPcard, provides a variety of second-look credit products that are originated through a federally insured bank.

Public
NR
NYSE: AAN
Specialty & Other
N/A
N/A

Financial Profile

(all numbers in thousands)

2019 2019 2018
Revenue 3,207,716 3,207,716 3,383,708
EBITDA 1,546,971 1,546,971 1,703,330
Assets - - 2,692,264
Debt - - 368,798