Fort Worth, TX (April 25, 2014) –
An 11,736 square foot Net Leased Furr’s Fresh Buffet (Buffet Partners, LP) – Fort Worth, TX sold for an undisclosed amount.
The Seller was represented by Ken Wimberly and Branson Blackburn of KW Net Lease Advisors, a Texas based investment real estate brokerage & advisory firm, and the Buyers were an unrepresented private equity group.
ABOUT FOOD MANAGEMENT PARTNERS
Privately held Food Management Partners (FMP) is a multi-concept operator of both franchised and independent brands co-founded by three industry veterans in 1999. In June 2014, FMP acquired Furr’s Fresh Buffet and Dynamic Foods, a manufacturer and distributor of multiple lines of fresh and frozen products for contract food service and grocery stores, as well as restaurants and retail establishments.
FURR’S FRESH BUFFET
Guests continue to enjoy favorite recipes that made Furr’s restaurants famous, including the legendary Millionaire Pie and Skillet-Grilled Chicken Fried Steak. Guests also crave Furr’s contemporary new items such as grilled sirloin steak, golden-fried butterflied shrimp, Citrus-Fired Chicken, hand-carved roast beef, baked fish; fresh build-your-own salads; steamed veggies; oven-baked breads; and mouthwatering desserts. Furr’s all-you-wish-to-enjoy buffet serves delicious food you wish you had time to cook, all for one price of about $10.http://www.furrs.net
See more about Furr’s Fresh Buffet including average trading prices, lease details and cap rates.