Argonne Capital buys 40 Applebee’s units

Argonne Capital buys 40 Applebee’s units

Locations sold by Atlanta-based franchisee led by Applebee’s brand founder, Bill Palmer

Private-investment firm Argonne Capital Group LLC has purchased 40 Applebee’s restaurants in the Atlanta area from Apple Restaurants Inc., a franchise group operated by Applebee’s founder Bill Palmer, Argonne officials said Friday.

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