What is Mastoran?
Founded in 1985 by Larry and Paige Kohler, Mastoran has evolved from a focused restaurant operator into a multifaceted enterprise. With a workforce of 1,200 employees, the company oversees 43 Burger King locations across Maine, Massachusetts, and New Hampshire. Beyond its core food service operations, Mastoran distinguishes itself through an integrated in-house construction and real estate development division. This internal capability allows the firm to manage the entire lifecycle of its assets, from initial design-build projects to ongoing maintenance and renovations. Under the current leadership of President Brek Kohler, the company continues to leverage its deep operational expertise to optimize its real estate holdings and maintain a strong market presence in the regional hospitality landscape.
How much funding has Mastoran raised?
Mastoran has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
Key Investors in Mastoran
PPP
Public-Private Partnership
What's next for Mastoran?
With the recent influx of capital, Mastoran is well-positioned to accelerate its strategic development initiatives. The company is expected to prioritize the modernization of its existing restaurant portfolio and the expansion of its commercial real estate footprint. By leveraging its internal construction expertise, Mastoran aims to enhance asset value and operational efficiency, ensuring long-term sustainability. The transition to next-generation leadership, combined with this significant financial backing, provides the firm with the necessary resources to navigate evolving market conditions and pursue new growth opportunities in the hospitality and property management sectors.
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