(Education Fair Use - Photo: Melissa Hom, Grub Street)
YOU CAN'T HAVE THE NEWS YOUR WAY - North Alabama Burger King Franchise Sold.
Burger King Franchise holder Wessel-Templeton Restaurants (WESFAM) sells out to Burger King Franchise holder Premier King Inc. of Montgomery, Alabama.
Previous Wesfam management sources revealed that when the restaurant chain was sold in May 2014 there was a turnover of most management in the Wesfam-Templeton chain. Reports were received that some long term managers did not have it their way, the managers were put on the street with no job, no money, no retirement, no severance.
In June 2013 Jean Templeton reported to the Huntsville Times they owned 27 Burger King Restaurants in North Alabama. http://www.al.com/business/index.ssf/2013/06/burger_queen_jean_templeton_ce.html
About Premier King CEO Patrick Sidhu - "Patrick Sidhu was practically born to own a chain of fast-food restaurants, or what the industry calls – quick-service restaurants. Either way, Sidhu already owns 38 Burger King restaurants and he is just getting started. He has seven in Montgomery; one in Prattville; one in Selma; eight in Birmingham; and 21 in Atlanta. That number will rise dramatically as he is working on a 40-unit deal in the Southeast..." http://www.montgomerychamber.com/PREMIER-KINGS
It is estimated that Wesfam was worth near $200 million dollars. There are no known news articles which could be found on this important sale.
