Franchise operator QFM Group has sold its 21 Costa Coffee outlets to Sim Trava, ending its 17-year run with the coffee chain.
The deal brings Sim Trava’s total number of Costa Coffee locations to 80, making it the second-largest Costa franchisee in the UK.
Between 2020 and 2021, Sim Trava became the first Costa franchisee to purchase existing Costa stores from Costa Limited.
In 2022, the company acquired 17 stores located across the Preston, Blackpool, and Southport regions.
This deal was supported by law firm Freeths.
Leading the Freeths team on this deal was partner Andy Francey. He was supported by managing associate Megan Atack, director Tomasin Reilly, partner Toby Pochron and managing associate Alex Angelides. The Freeths team worked closely with the Patel family throughout the process.
Andy Francey said: “We’re proud to have supported the Patel family and QFM Group on this important transaction. The family has built a first-class business with strong values, and it’s been a pleasure to help them realise the next chapter in their journey.
We wish both QFM and Sim Trava continued success.”
Kishan Patel, director of QFM Group, added: “This was a significant and emotional decision for our family, and we’re incredibly grateful to Andy and the wider Freeths team for guiding us through the process with such professionalism, care, and expertise.
Their support was instrumental in ensuring a smooth and successful transaction, and we truly valued their thoughtful, values-driven approach throughout.”
