M&A
confidence high
sentiment neutral
materiality 0.60
BT Brands acquires German-themed restaurant Von Stephan Village Bier Garten for $690K
BT Brands, Inc.
- Acquired substantially all assets of Von Stephan Village Bier Garten for $690,000 cash, including $30,000 inventory.
- German-themed restaurant and bar located in Cocoa, Florida; acquisition closed August 4, 2022.
- Purchase executed by wholly owned subsidiary 1519BT, LLC; lease signed for two properties on Delannoy Avenue.
- Seller Troy Stephan to provide management services under a Management Services Agreement post-closing.