Brinker completes sale of 95 Chili's restaurants
June 28, 2007
by FoodBusinessNews.net Staff
DALLAS — Brinker International, Inc. has completed the sale of 95 Chili’s Grill & Bar restaurants to Pepper Dining, Inc., an affiliate of Olympus Partners.
The restaurants are located in the Northeastern and mid-Atlantic regions, and were purchased for about $155 million.
Pepper Dining has also entered a development agreement to build 14 to 38 Chili’s restaurants in upcoming years.