Form 8-K for Custom Restaurant & Hospitality Group, Inc.
Entry into a Material Definitive Agreement, Exhibits
September 25, 2009
Entry into a Material Definitive Agreement
On September 16, 2009, American Restaurant Concepts, Inc., a Nevada corporation (the "Purchaser"),a wholly owned subsidiary of Custom Restaurant & Hospitality Group, Inc., a Nevada corporation (the "Parent") entered into an Asset Purchase Agreement (the "Agreement") with Millie's, Inc, a California corporation (the "Seller"). The Agreement provides that the Purchaser shall pay the Seller $2,900,000.00, subject to closing adjustments, (the "Purchase Price") for the Purchaser to acquire 10 Millie's Restaurant locations from the Seller. Attached hereto as Exhibit 99.1, is a fully executed copy of the Agreement.
Attached as Exhibit 99.2 to this Form 8-K is copy of the press release dated September 24, 2009.
Exhibits
99.1 Stock Purchase Agreement dated September 16, 2009
99.2 Press Release dated September 24, 2009