Hardee's franchisee acquires $8.5 million to buy Atlanta stores

DENVER Biscuits and Burgers LLC, based here, secured $8.5 million in financing to fund the previously announced purchase of 18 Hardee’s units in Atlanta from franchisor CKE Restaurants Inc., the Carpinteria, Calif.-based parent of the Hardee’s and Carl’s Jr. fast-food chains.

Longtime franchisees Steve Rosenfield and Dewey “Buddy” Brown formed Biscuits and Burgers earlier this year with the purpose of buying the Atlanta-area units. Including the Atlanta units,

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