As most of you have heard in the news, the Seminole Tribe has purchased the Hard Rock Cafe franchise for $965 Million. 145 restaurants, hotels, and casinos in 45 countries, except the ones in Las Vegas and London.
The tribe pays 25 percent of profits to the franchise, so they might as well buy the whole thing and own it. The money they spent to buy the franchise will be less than their annual percentage that they pay to it.
It should be very interesting to see what the tribe will be able to invest into now.