Warren Offers $318000 For Lone Zoo-Kini’s Restaurant

LubbockOnline.com:

Brownfield-based fast-food franchisee Rodney Warren has offered $318,000 for the lone remaining Zoo-kini’s restaurant, in Abilene, in a process that could take into late January to complete.

The price was named in documents related to Tuesday’s Chapter 11 filing for Zoo-koncepts, the Lubbock-based corporate parent of Zoo-kini’s.

The corporation, part of admitted swindler Benny Lee Judah’s business holdings, is being liquidated to help pay back victims of Judah’s $50 million Ponzi scheme.

As part of the Zoo-koncepts bankruptcy filing, court-appointed receiver Fernando M. Bustos decided to close the Lubbock and San Angelo restaurants for financial reasons.

In a letter to creditors, customers and employees, Bustos wrote the San Angelo location had never been profitable.

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