Villa Enterprises Has Purchased The Office
The parent company of Villa Cafe and George & Martha's purchased restaurant chain for $4.68 million.
Villa Enterprises, an international restaurant franchisor and parent company of Villa Cafe and George & Martha's American Grille in Morristown, purchased in late January The Office Beer Bar & Grill, according to its website.
The Office, which has seven locations throughout New Jersey including on South Street in Morristown, in Westfield, Bridgewater, Summit, Cranford, Montclair and Ridgewood, was sold for $4.68 million.
Previously owned by C.B. Holding Company, which owns Charlie Brown’s Steakhouse, The Office first opened in 1966 as The Jolly Trolley and was sold under an asset purchase approved by the U.S. Bankruptcy Court for the District of Delaware on Jan. 21.
“The Office has been a popular dining destination in New Jersey for more than 40 years and we’re happy to add these seven restaurants to our growing family of full-service dining concepts,” said Villa Enterprises Management CEO Anthony Scotto. “This chain features a strong, recognizable brand in choice locations throughout the state and we’re excited to invest in this concept as well as the employees and communities it supports.”
Villa Enterprises operates 300 quick service restaurant locations including Villa Fresh Italian Kitchen, Green Leaf’s, South Philly Steak & Fries, as well as six full service restaurant entities including George & Martha’s American Grille and Villa Cafe, in Morristown, Villa Cafe, in Chatham, The Black Horse Pub and The Black Horse Tavern in Mendham, Ristorante Il Forno in Warren, and MacKenzie’s in Mendham.