Able to drive the lane against his teenage grandsons while playing basketball at his Colorado vacation home, the 67-year-old franchisee of three budget steakhouses thought he was in great shape, financially and physically.The restaurateur, whom we’ll call “Warren,” though that’s not his real name, had built a reputation as one of his brand’s most distinguished operators. He was proud of his operations, in a Mississippi River resort town area, and often told his wife he was going to “work ...

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