Restaurant Equipment Articles : Carrols Restaurant Group Inc to Purchase 30 Burger King Restaurants in North Carolina
Carrols Restaurant Group, Inc. (Nasdaq:TAST) announced that on September 18, 2014 it exercised its right of first refusal to purchase 30 BURGER KING® restaurants in eastern North Carolina under the same terms and conditions of an existing purchase and sale agreement between the sellers and an unrelated third party.
Carrols Restaurant Group Inc to Purchase 30 Burger King Restaurants in North Carolina
Carrols Restaurant Group, Inc. (Nasdaq:TAST) announced that on September 18, 2014 it exercised its right of first refusal to purchase 30 BURGER KING® restaurants in eastern North Carolina under the same terms and conditions of an existing purchase and sale agreement between the sellers and an unrelated third party.
Carrols Restaurant Group, Inc. (Nasdaq:TAST) announced that on September 18, 2014 it exercised its right of first refusal to purchase 30 BURGER KING® restaurants in eastern North Carolina under the same terms and conditions of an existing purchase and sale agreement between the sellers and an unrelated third party. The total purchase price is approximately $20 million payable in cash at closing, and the assets to be purchased include 12 fee-owned properties. The Company anticipates that subsequent to closing it will market and enter into sale/leaseback transactions for 10 of the fee-owned properties for total estimated proceeds of $13 million to $14 million.
Daniel T. Accordino, the Company's Chief Executive Officer said, "The addition o
Restaurant Equipment Articles : Carrols Restaurant Group Inc to Purchase 30 Burger King Restaurants in North Carolina
Carrols Restaurant Group, Inc. (Nasdaq:TAST) announced that on September 18, 2014 it exercised its right of first refusal to purchase 30 BURGER KING® restaurants in eastern North Carolina under the same terms and conditions of an existing purchase and sale agreement between the sellers and an unrelated third party.
Carrols Restaurant Group Inc to Purchase 30 Burger King Restaurants in North Carolina
Carrols Restaurant Group, Inc. (Nasdaq:TAST) announced that on September 18, 2014 it exercised its right of first refusal to purchase 30 BURGER KING® restaurants in eastern North Carolina under the same terms and conditions of an existing purchase and sale agreement between the sellers and an unrelated third party.
Carrols Restaurant Group, Inc. (Nasdaq:TAST) announced that on September 18, 2014 it exercised its right of first refusal to purchase 30 BURGER KING® restaurants in eastern North Carolina under the same terms and conditions of an existing purchase and sale agreement between the sellers and an unrelated third party. The total purchase price is approximately $20 million payable in cash at closing, and the assets to be purchased include 12 fee-owned properties. The Company anticipates that subsequent to closing it will market and enter into sale/leaseback transactions for 10 of the fee-owned properties for total estimated proceeds of $13 million to $14 million.
Daniel T. Accordino, the Company's Chief Executive Officer said, "The addition o