BT Brands, Inc. acquired Substantially all of the assets of Pie in the Sky, Inc. for $1.2 million.
May 11, 2022
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BT Brands, Inc. (NasdaqCM:BTBD) acquired Substantially all of the assets of Pie in the Sky, Inc. for $1.2 million on May 11, 2022.
BT Brands, Inc. (NasdaqCM:BTBD) completed the acquisition of Substantially all of the assets of Pie in the Sky, Inc. on May 11, 2022. Pie in the Sky, Inc. reported cash of $0.788916 million, Net Income of $1.44 million, Shareholders Equity of $1.72 million, Total Revenue of $1.98 million and Total Assets of $1.82 million for the year ended December 31, 2021.
BT Brands, Inc. owns and operates approximately 17 restaurants, including Seven Burger Time fast-food restaurants and one Dairy Queen franchise located in the North Central region of the United States, collectively (BTND); Bagger Daveâs Burger Tavern, Inc., a partially owned affiliate, operates six Bagger Daveâs restaurants in Michigan, Ohio, and Indiana (BDVB); Keeganâs Seafood Grille in Indian Rocks Beach, Florida; Pie In The Sky Coffee and Bakery in Woods Hole, Massachusetts, and Village Bier Garten is a German-themed restaurant, bar, and entertainment venue in Cocoa, Florida. Its Burger Time restaurants feature a variety of burgers and other affordable foods, sides, and soft drinks. Its Burger Time restaurants feature a variety of burgers and other affordable foods, sides, and soft drinks. The Companyâs Dairy Queen restaurant offers a proscribed menu consisting of burgers, chicken, sides, ice cream, other desserts, and various beverages.
BT BRANDS, INC. 