After being up for sale for some weeks, the Dairy Bar which also houses Studio 2000 Fitness Gym has been sold for $85 million, according to realtor Pete’s Real Estate. But the realtor wouldn’t disclose the name of the new owner.
The establishment has been hit with its fair share of woes as bandits attacked it on at least two occasions. In one instance, a security guard was killed at the location during a robbery.
The business was put on the market earlier this year, and according to the realtor, a deal was closed about a month ago.
This newspaper had tried getting in touch with previous owner, former customs officer David Alicock regarding his decision to sell, with no success.
The business was sold with all the equipment and both the fast food outfit and the gym are in operation under the new management, this newspaper has learnt.
The Original Dairy Bar ice cream franchise of Trinidad & Tobago had entered into a joint venture with a local company called Investments 2000 Inc – owned by Alicock, and opened its first branch in Guyana towards the end of 2000.
The investment amounted to about $50 million.
