Friendly’s Will Sell to Investment Group for About the Price of a Brooklyn Brownstone
EATER
NOVEMBER 2, 2020
The 85-year-old chain intends to sell its assets to Amici Partners Group, an investor group affiliated with Brix Holdings, the restaurant company behind Red Mango, Smoothie Factory, and other franchises. Restaurant Business reports that the selling price will fall just under $2 million.
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