New York-based private-equity firm Sentinel Capital Holdings said Tuesday it has acquired Huddle House Inc., the franchisor to the 393-unit family-dining chain located primarily in the Southeast. Atlanta-based Huddle House reported more than $225 million in annual systemwide sales from 376 franchised restaurants and 17 company-owned units. Its same-store sales swung to positive territory last year, recording a same-store sales gain of 7.9 percent in the fourth quarter of 2011, and 7.2 ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now.We promise it will only take a few minutes!
Questions about your account or how to access content?