The family owners of Ritter's Frozen Custard have agreed to sell the popular homegrown chain to New York-based TruFoods LLC for an undisclosed price, according to The Indianapolis Business Journal.
Bob Ritter, CEO of parent RFC Franchising LLC, confirmed the deal in an interview with IBJ this morning (2 May). He said the chain's headquarters and most of its staff will remain in Indianapolis.
Friday, May 2, 2008
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