November 29, 2012
Jimmy Buffett has sold his restaurant chain Cheeseburger in Paradise (named after a song of the same name) for $11 million.
A portion of the chain was sold to Paradise Restaurants Group LLC in 2009, but Buffett was still receiving part of the profits. This time around, Buffett will be receiving a portion of the $11 million paid for the chain.
There are 14 Cheeseburger in Paradise locations across America.
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