Rush to restaurant real estate brings 53 percent increase in valuation

Sep 12, 2011 Comments Off by

The cheapest restaurants in America are luring activist investors who are betting companies from Ruby Tuesday Inc. to Cracker Barrel Old Country Store Inc. can make more money selling real estate than food.
The 10 biggest U.S. restaurants that sell for less than the value of their property, plants and equipment trade at 70 cents on the dollar, according to data compiled by Bloomberg……………………………………….Full Article: Source

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