Chauncey Billups is venturing into the fast food business, he and former NBA player Junior Bridgeman have partnered up to purchase 30 Wendy’s establishments in St. Louis.
According to the official press release:
The Wendy’s Company today announced the sale of 30 restaurants in the St. Louis market to BB St. Louis, LLC, a partnership headed by current Wendy’s® franchisee and former National Basketball Association great Junior Bridgeman, along with current NBA star Chauncey Billups. The transaction includes 29 existing restaurants and one restaurant currently under construction.
With this transaction, Bridgeman, who is Wendy’s second-largest franchisee, now has total or partial ownership of 196 Wendy’s restaurants. This represents Billups’ initial foray into the restaurant industry.