Schwartz's Sold

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The Travelin Man
Filet Mignon
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2012/03/06 12:24:14 (permalink)

Schwartz's Sold

MONTREAL - The deal is done for nearly $10 million and the declaration has been made: There will be only one Schwartz’s deli, and it stays on the Main.

Read more: http://www.montrealgazette.com/life/Schwartz+sold+franchised/6254312/story.html#ixzz1oMHZvYEq
 
Apparently, even our Canadian friends fear the chain-ization of their beloved treasures.  Franchising had been rumored for some time - and, especially when someone is plunking down that kind of coin for the operation, you have to wonder how they plan to recoup their investment.  Used to be $10M in Canadian money was only about $345 US, but now not so much.
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