Skip to: Content
Skip to: Site Navigation
Skip to: Search
TUESDAY, NOVEMBER 24, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter


5

Mickelson Looks to Buy Waffle House Franchise

Golfer's company makes $20.2 million offer for budget restaurant chain

Share

(Newser) – Phil Mickelson has made a bid for SouthEast Waffles, a group of 105 Waffle House restaurants in four southern states, the Tennessean reports. Mickelson’s GS Acquisitions offered to buy SouthEast Waffles out of bankruptcy for $20.2 million. Though neither Mickelson nor his two other partners at GS have any restaurant experience, the trio thinks the low-cost chain is a good investment.

"We think in these economic times, they will fare well," said one GS partner.

Fans line up to see Kid Rock at the Waffle House restaurant in Duluth, Ga., in 2008.
Fans line up to see Kid Rock at the Waffle House restaurant in Duluth, Ga., in 2008.   (AP Photo/Stanley Leary)
In this June 21, 2009, file photo, Phil Mickelson looks on during the third round of the U.S. Open Golf Championship at Bethpage State Park's Black Course in Farmingdale, N.Y.
In this June 21, 2009, file photo, Phil Mickelson looks on during the third round of the U.S. Open Golf Championship at Bethpage State Park's Black Course in Farmingdale, N.Y.   (AP Photo/Morry Gash)
« Prev« Prev | Next »Next » Slideshow
OFF THE GRID
11.23.09
Books Are Bad for You
11.20.09
The Health-Care Wars Have Just Begun
5 comments
VIEWING:
 
godawgs
Jul 23, 09 6:26 PM CDT
the waffle house is the greatest "restaurant" of all time. I like mine scattered and covered. Reply
Vote up! Vote down!
0
Shannonals
Jul 23, 09 8:31 PM CDT
Who the heck is Phil Mickelson? Reply
Vote up! Vote down!
0
IN RESPONSE:
Caps
Jul 23, 09 10:15 PM CDT
He is a darn good golfer on the PGA tour.
Vote up! Vote down!
0
rajanKazhmin
Jul 23, 09 9:28 PM CDT
It's like eating in a bathroom. Reply
Vote up! Vote down!
0
IN RESPONSE:
tameesha_sharpton
Jul 23, 09 10:25 PM CDT
hilarious..... and true,
Vote up! Vote down!
0
LEAVE A
COMMENT Comment Policy
Facebook ConnectPost this comment to Facebook?

After connecting you will have the option to post your comment on your Facebook profile.

 

Related Newser Stories

33 Stories

 GM to Sell Opel 
 to Canada's Magna 

Detroit firm also recommends Vauxhall go to Magna

Sep 10, 09 9:30 AM CDT
(Newser) - After painfully drawn-out negotiations, General Motors’ board has agreed to sell its Opel unit to Canadian firm Magna International, maintaining a tie that will keep Opel a "a fully integrated part of GM's global product development organization," the company said. The German government, which earlier this year loaned... More »

MORE ABOUT:
Angela Merkel • Magna International Inc. • Germany • Canada • bankruptcy • General Motors • Detroit • acquisition • Big Three • Opel • Vauxhall

pga championship

 Woods Retakes 
 Control at PGA 


Aug 14, 09 6:44 PM CDT
(AP) - Just like that, Tiger Woods was back in control of the US PGA Championship today. Woods took advantage of the shortened par-4 14th and a poor finish by Ross Fisher, needing only two holes to turn a tie into a three-stroke lead. Woods, looking to win his first major of... More »

MORE ABOUT:
golf • Tiger Woods • Phil Mickelson • PGA Championship • Jay-ZTV

(Newser) - Phil Mickelson's mother has breast cancer and will undergo surgery this week at the same hospital that's treating her daughter-in-law for the disease. Amy Mickelson, the star golfer's wife, was diagnosed in May. Mary Mickelson's daughter, Tina, tells the San Diego Union-Tribune she made the diagnosis public in hopes that... More »

MORE ABOUT:
cancer • breast cancer • golf • Phil Mickelson • PGA • Amy Mickelson • Mary Mickelson

33 Stories


Business  •  Sports 
TwitterFollow @NewserBusiness on Twitter

 
golf • Phil Mickelson • bankruptcy • acquisition • restaurant industry • restaurant chain • Waffle House

from our news partners