Romacorp Agrees to Sell 11 Restaurants to New Tony Roma’s Franchisee
Jun 11, 2003
Dallas–Romacorp Inc. announced it has entered into an agreement to sell 11 company-owned Tony Roma’s restaurants in Texas and Oklahoma to Romadal LTD I, a new franchisee for the concept. Terms of the agreement include the future development of three new restaurants in the development territory. The transaction is expected to close this month. –Primezone
Dallas–Romacorp Inc. announced it has entered into an agreement to sell 11 company-owned Tony Roma’s restaurants in Texas and Oklahoma to Romadal LTD I, a new franchisee for the concept. Terms of the agreement include the future development of three new restaurants in the development territory. The transaction is expected to close this month. –Primezone