Chain Sells 4 Restaurants to Investment Group
- Share via
Hudson’s Grill of America Inc., the Ventura-based restaurant chain that was sold to a Texas entrepreneur over the summer, has sold four of its units to a family-owned investment group for $2.9 million in cash.
The group, headed by William and Gregory Georgas, purchased the chain’s restaurants in Ventura, Santa Barbara, San Luis Obispo and Santa Maria.
The restaurants will operate as franchises of Hudson’s Grill of America, which was purchased in August by Davis L. Osborn of Dallas. He plans to sell all 13 restaurants that he acquired and to concentrate on franchising the Hudson’s Grill concept.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
