Chain Restaurants

The Inside Track to Wings Success

Quaker Steak & Lube FRANCHISE FEE $40,000DEVELOPMENT FEE $20,000ROYALTY FEE 5 percentMARKETING FEE up to 4 percentMINIMUM NET WORTH $3 millionLIQUID ASSETS $500,000OVERALL INVESTMENT $1.4 to $3.7 millionAVERAGE UNIT VOLUME ...

TGI Fridays Sold for $800 Million

TGI Fridays has been sold by Carlson Restaurants Inc. to private-equity firms Sentinel Capital Partners and TriArtisan Capital Partners, according to multiple reports.

Darden Sells Red Lobster Brand

Golden Gate Capital, a private equity firm, has agreed to purchase the Red Lobster business from Darden Restaurants for $2.1 billion in cash.