Could Greater Cincinnati recoup more than two dozen of its lost Big Boy restaurants this spring?
The former landlord of Frisch’s Big Boy , a Florida real estate company indicated last week in a corporate filing that it was still in the eviction process for 64 properties for the beleaguered diner operator. But the company, Orlando-based NNN Reit , added it had taken back possession of more than half those locations, “ 28 of which properties have been re-leased to another restaurant operator with rent commencing May 1. ”
The filing appears to confirm a claim by Frisch’s last week that Michigan-based Big Boy plans to reopen dozens of its restaurants shuttered via eviction since October . The date in the filing indicates the restaurants could open this spring.
A court battle for Big Boys turf
In a lawsuit filed last week, Frisch’s objected to those plans, claiming they would violate its 2001 contract with Southfield, Michigan-headquartered Big Boy that gives it “exclusive, perpetual, and irrevocable rights to operate restaurants under the name ‘Big Boy,’” in Kentucky, Indiana and most of Ohio and Tennessee…