Increasing the Sizzle
Pacific Equity Partners, an Australian based firm, announced plans to sell the Sizzler family steakhouse system, fanning the flames of speculation that it may return to American ownership according to
this article. Pacific Equity Partners acquired the restaurant system in 2005 from Worldwide Restaurant Concepts, took it private, and now after infusing the system with greater profitability, is ready to flip it.
Posted by franchiselawblog at February 11, 2008 05:27 PM