This Beloved Seafood Restaurant Chain Is About to Be Sold
In 1950, Harry Berkowitz opened the Legal Cash Market grocery store in Cambridge, MA, and 18 years later, his son George opened a seafood restaurant right next door. In the ensuing 50-plus years, Legal Sea Foods would expand to nearly three dozen locations primarily focused in the Northeast, with multiple restaurants in Massachusetts and a few as far south as Washington, DC, and Northern Virginia.
Multiple Legal Sea Foods restaurants have closed recently, including six permanently shuttered during the COVID-19 pandemic. Today, the restaurant's website lists 28 active locations (at its height in 2018, the chain had 35 spots), all of which are slated to be sold to investment group PPX Hospitality Brands in the coming days, reports the Boston Globe.
This will represent a dramatic shift for the beloved seafood chain, which under current CEO Roger Berkowitz, remains a family operated business. The terms of the sale include all Legal Sea Foods restaurants as well as a 70,000 square-foot food processing plant and a food safety lab.
However, the Berkowitz family will maintain control over an online business selling seafood online that will continue to operate under the Legal Sea Foods name. PPX Hospitality Brands will add the restaurants—which it also plans to keep the name of—to its other operations including an international chain of steakhouses, reports Undercurrent.