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Tuesday, March 18, 2014

LANDMARK FORT LAUDERDALE RESTAURANT
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New York group buys landmark Fort Lauderdale restaurant

Popular Rustic Inn, open since 1955, acquired for $7.5 million
March 17, 2014 12:45 PM

A New York-based restaurant group purchased the home of Fort Lauderdale’s landmark Rustic Inn for $7.5 million.  Ark Restaurants picked up the popular restaurant and 4331 Ravenswood Road property west of I-95 and north of Griffin Road, the Sun-Sentinel reported. The company does not plan to make any immediate changes to the restaurant, which is known for its garlic crabs and newspaper-covered tables. W and O Inc. sold the site to Ark.

Open since 1955, Rustic Inn attracts numerous tourists and celebrities, along with a steady local customer base. Founder Henry Oreal, 90, eventually passed the business on to his sons. One of Oreal’s sons died in 2009, while the other retired. [Sun-Sentinel]Eric Kalis

http://therealdeal.com/miami/blog/2014/03/17/new-york-group-buys-landmark-fort-lauderdale-restaurant/

 
Posted at 10:51:16 PM
 
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