Beachfront restaurant sells for $7M
The JB's on the Beach restaurant along the coast in Deerfield Beach was sold to Ark Restaurants Corp., said Jeff Sussman, president of Sussman Restaurant Brokerage. Michael S. Weinstein, CEO of New Your-based Art Restaurants (Nasdaq: ARKR), said they paid about $7 million for the business. "This was a well managed business that was up for sale in an interesting location and...