A farewell to Dairy Queens

[T’Boo Ted Marshall 2736]

When I was looking up my cousin, I came across this:
Meanwhile, Diamond Land Company LLC, managed by Donald Feinstein, continues to unload Wendy’s locations, this time selling the 5322 Essen Lane location for $1.5 million to Wendy’s International LLC. In July, Diamond sold to a Slidell developer a vacant building near the Florida Boulevard and Sharp Road intersection that was previously a Wendy’s. And In March, Diamond sold another former Wendy’s restaurant at 3322 Lake St. for $825,000 to an LLC managed by the owners of Louie’s Café. Louie’s has since relocated to that space from its longtime nearby home at 209 W. State St. 
He was an attorney by trade and made his money off of the Wendy's real estate rather than off the profits of his Wendy's. I don't know the EBITDA but those sales prices seem to reflect the value of the properties.
 

Yup. We see it often that people want to sell their business but don’t realize the RE is the more profitable play.

[zork 629]

title should reflect that  the DQ owned by Vasari are the ones going out of business.  the rest of them are not.

[Dewey 3286]

I can still get my steak fingers?

[Post Oak 20253]

This thread has really hit me in the feels.

My grandparents would always take us to the one in Mart when we would spend the night.

I would get a country basket, a couple quarters for the Simon game in the corner and if I begged a blizzard.  

 

 

[Johnny Sack 8397]

My grandmother lived in Haskell.  My granddad died before I was born and she remarried a real nice gentleman and farmer from Haskell.  He used to go to the Haskell DQ every day for coffee.  He would take us with him.  But those old timers would go there every day and just shoot the bull.

[tx 3 putt 77154]

5 hours ago, Johnny Sack said:

But those old timers would go there every day and just shoot the bull.

small town life, love it

[Underdog 28742]

Poor bull.