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November 8, 2004
Report: W. Va. Firm Acquires 37 Chicago-Area Burger Kings
C.H. James & Co. of Charleston, W. Va., has acquired 37 franchised Burger King restaurants in the Chicago area, according to a Chicago Tribune report.
The firm, which, according to the report, is said to be the country’s oldest continually operating African-American-owned business, purchased the restaurants from franchisee Sheldon Friedman for an undisclosed price.
C.H. James & Co. Chief Executive Charles James III will move to the Chicago area to oversee the newly acquired operations.
This is a new business for the company, which previously distributed produce to chain restaurants before selling those operations during an industry consolidation last year, the report stated.
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