Burger King
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owners and completely revamped them. The resulting purchases made Mr. Cabrerra BKB’s largest minority franchisee and Heartland one of BKH’s top franchises. By 2006, the company was valued at over 0 million, and was sold to New Yorkased GSO Capital Partners. Other purchasers included a three way group of NFL athletes Kevin Faulk, Marcus Allen and Michael Strahan who collectively purchased 17 stores in the cities of Norfolk and Richmond, Virginia; and Cincinnati-based franchisee Dave Devoy, who purchased 32 AmeriKing stores. After investing in new decor, equipment and staff retraining, many of the formerly failing stores have shown growth upwards of 20%.
Legal issues
Main article: Burger King legal issues
The Hoots’ family Burger King restaurant in Mattoon, Illinois, one subject of major litigation by Burger King.
Burger King has been involved in
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