American Restaurant Concepts to buy Millie’s

SOLANA BEACH Calif. In a deal valued at more than $2.9 million, a subsidiary of Custom Restaurant & Hospitality Group Inc., based here, has agreed to acquire the 10-unit Millie’s Restaurant & Bakery chain from Millie’s Restaurants Inc. of Brea, Calif.

To acquire the assets of the Southern California-based Millie’s chain, CR&HGI’s American Restaurant Concepts Inc. subsidiary has agreed to provide the seller with $600,000 in cash, up to $1,000 from cash on hand and the

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