O'Charley's outsources food supply for Ninety Nine brand - Nashville Business Journal:

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The Nashville-based restauranteur (Nasdaq: CHUX) said Monday it has enteredc into an agreement with to take over food and supplyu distributionfor O’Charley’s 116 Ninety Nine locationas and to sell related assetas at its distribution facility in Mass. O’Charley’s said it expects the change to reduce its investmenyin non-restaurant assets and cut ongoing expenses by $200,00o0 to $400,000 annually. Reinhart will purchase all of O’Charley’e assets in Bellingham for estimated cash proceeds ofbetweenn $6 million and $8 The deal is expected to closs in mid-August.
Reinhart will subleaswe and continue to operate the Bellingha facility for aninterim period, expectede to be less than one as it expands its existing distribution facility in New Mass., to take over the operations. O’Charley’zs operates or franchises 371 restaurants undefthree brands: O’Charley’s, Ninety Nine Restaurant, and Stoney Riveer Legendary Steaks. The O’Charley’s concept includes 245 restaurants in 20 states in the Southeastand