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Article: Fresh Choice Ends Business in Washington, D.C. Area.
- Article from:
- Business Wire
- Article date:
- January 13, 1997
CopyrightCOPYRIGHT 1997 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WASHINGTON--(BUSINESS WIRE)--Jan. 13, 1997--Fresh Choice Inc. of Santa Clara, Calif. sold its two restaurants in Columbia, Md. and Arlington, Va. to Fresh Fare Enterprises L.L.C. of Ellicott City, Md. on Dec. 29 for $750,000 and closed its other East Coast unit in Fairfax, Va. on Dec. 31.
As part of the sale, Fresh Choice has agreed that it will not compete in the Baltimore, Md. and Washington, D.C. areas for 4 years, and has agreed that Fresh Fare may operate the two restaurants it purchased using the Fresh Choice name and its trademark and trade dress for up to 90 days.
The Columbia restaurant is in the Exhibit Center and the others are in the ...