IDQ sells 58 corporate restaurants

Dairy Queen chain left with two corporate locations after deal

International Dairy Queen Inc. has completed plans to sell 58 of its 60 remaining corporate restaurants in a deal with franchisee Fourteen Foods.

Terms of the deal were not disclosed.

IDQ chief development and legal officer Troy Bader said Tuesday in an interview with Nation’s Restaurant News that prior to the Fourteen Foods transaction the company had sold 12 Grill & Chill restaurants to 12 individual joint-venture partners in Kentucky.

The combined divestiture

Register to view the full article

Register to view this article

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish