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BOUTIQUE INVESTMENT ADVISORY


SOLD
Arbys Fort Wayne IN
220 Coliseum Boulevard West
Fort Wayne, IN
46805
Arby's was founded in 1964, but the concept for a roast beef sandwich franchise was rooted many years earlier. Forrest Raffel, a graduate of Cornell University School of Hotel and Restaurant Administration and his younger brother Leroy, a graduate of Wharton School of Finance, University of Pennsylvania, bought an uncle's restaurant equipment business in the 1950s. A late-night excursion to a small Boston sandwich shop one rainy Halloween was the inspiration for the Raffels, who joined a damp, but determined huddle of patrons to await the main attraction -- a 79-cent roast beef sandwich.
$1,200,000
Building Size
4,398 sf
Deal Type
NNN
Sale Price
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