search

The Real Deal Logo

Trending

Musklandia: Tesla divorces gigafactory land from city of AustinMusklandia: Tesla divorces gigafactory land from city of Austin“I wouldn’t use it, I would just lock the door”: Landlords pan new rehab law“I wouldn’t use it, I would just lock the door”: Landlords pan new rehab lawBillionaire hedge funder Larry Robbins makes South Florida moveBillionaire hedge funder Larry Robbins makes South Florida moveRepeal of rent control ban stalls out in Illinois General Assembly Repeal of rent control ban stalls out in Illinois General Assembly 
South Florida

SF pancake company hopes to flatten competition in Treasure Coast

Sign Up for the undefined Newsletter

A South Florida company is making its first foray Treasure Coast, with the opening of an Original Pancake House franchise at 4110 N.W. Federal Highway in Jensen Beach. The eatery’s exclusive Florida franchisee, a company known as OPH South Florida, bought the location for approximately half its original asking price of $2.1 million after the previous owner, Bob Evans Farms Restaurant, placed it on the market three years ago. Steven Kamelhair, president of OPH, said that timing was everything when it came to the franchise’s market move. “[The lower price] was a reflection of current market conditions and I’m happy we were able to take advantage of it,” Kamelhair said. “I’m sure Bob Evans wasn’t thrilled about it.” [TCPalm]