If there’s one musician who has made the most of one song in the history of musicians it’s Jimmy Buffet. The song “Margaritaville” is not only a tremendous hit but it’s spawned a virtual money making machine for Jimmy Buffett ever since the song was released. Granted Buffet also sings “Cheeseburger in Paradise” but make no mistake about it, he’s known for “Margaritaville” and it’s because of that song that Buffett as an estimate net worth of $550 million. Guess what Beyonce’s net worth is. $290 million. While I wouldn’t call Jimmy Buffett a “one hit wonder” he’s far
Soon We’ll Get to Waste Away in a Real-Life Margaritaville...
Soon We’ll Get to Waste Away in a Real-Life Margaritaville...
- 4/2/2017
- by Nat Berman
- TVovermind.com
Jimmy Buffett has sold his restaurant chain Cheeseburger in Paradise (named after a song of the same name) for $11 million.
A portion of the chain was sold to Paradise Restaurants Group LLC in 2009, but Buffett was still receiving part of the profits. This time around, Buffett will be receiving a portion of the $11 million paid for the chain.
There are 14 Cheeseburger in Paradise locations across America. ...
A portion of the chain was sold to Paradise Restaurants Group LLC in 2009, but Buffett was still receiving part of the profits. This time around, Buffett will be receiving a portion of the $11 million paid for the chain.
There are 14 Cheeseburger in Paradise locations across America. ...
- 11/30/2012
- by rnazarali
- Foodista
Nov 28 (Reuters) - Jimmy Buffett is parting with Cheeseburger in Paradise, a chain of theme restaurants that is named after one of his songs, for $11 million.
Luby's Inc. announced on Wednesday it was buying Paradise Restaurants Group LLC with cash and credit, acquiring its 23 Cheeseburger in Paradise locations in 14 states that in previous years had generated revenue of more than $50 million.
Cheeseburger in Paradise was founded 10 years ago in collaboration with the entertainer, based on his 1978 ode to "heaven on earth with an onion slice."
"Luby's anticipates developing opportunities to expand the brand," the company said in a statement.
The restaurants created an island, beach-party atmosphere that would be familiar to fans of Buffett's music and a slight departure from the more family-oriented Luby's Cafeterias and Fudduckers restaurants operated by Luby's Inc.
Luby's Inc. announced on Wednesday it was buying Paradise Restaurants Group LLC with cash and credit, acquiring its 23 Cheeseburger in Paradise locations in 14 states that in previous years had generated revenue of more than $50 million.
Cheeseburger in Paradise was founded 10 years ago in collaboration with the entertainer, based on his 1978 ode to "heaven on earth with an onion slice."
"Luby's anticipates developing opportunities to expand the brand," the company said in a statement.
The restaurants created an island, beach-party atmosphere that would be familiar to fans of Buffett's music and a slight departure from the more family-oriented Luby's Cafeterias and Fudduckers restaurants operated by Luby's Inc.
- 11/29/2012
- by Reuters
- Huffington Post
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