LOS ANGELES Frandeli Group LLC, a foodservice-focused venture fund and 50-unit Papa John’s Pizza franchisee based here, is plotting a turnaround for the recently stagnant Spaghetti Warehouse system following Frandeli’s purchase of the 22-restaurant casual-dining chain this month.
Frandeli CEO Doug Pak said the overhaul of Spaghetti Warehouse could take six months to a year to execute.
The seller, AMRESCO Commercial Finance LLC, completed the divestiture June 1
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