From: HERE
"Ruth’s Hospitality Group, owner of Ruth’s Chris Steakhouse and several other restaurant chains, has benefited over the past few years from sale-leasebacks of its restaurants. Last month, the company took the strategy a step further with a $12 million sale-leaseback deal for its Heathrow, Fla., corporate headquarters. "
“Many companies would have been much better off entering into these agreements 12 or 24 months ago,” Mr. Pagliari said. “They’re going to get lower prices now.”
If you are interested in finding out how a sale-leaseback could help you, email me.
~Andy
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