![]() ![]() "It is our responsibility to do what is right for our business and our employees – assuming a business that was unhealthy simply did not meet that obligation. "The financial risk of trying to complete a purchase transaction with a company carrying significant debt was too great, forcing us to make the difficult but necessary decision to move on," said Fox. ![]() ![]() Unfortunately, it became clear that an agreement to purchase the company could not be reached," said Fox. "We recognize and respect the Block family's legacy in this community, and have spent years in conversations to try and reach common ground and resolve this matter. Blocks Bagels, Bakery & Deli, Columbus: See 29 unbiased reviews of Blocks Bagels, Bakery & Deli, rated 4 of 5 on Tripadvisor and ranked 506 of 1970. In a statement, Fox said his company is prepared to make its case in court. Thanks to help from Lemonis, the family also plans to build a 9,500 square-foot retail storefront and commissary kitchen in Highland Park to make bagel chips, Kaplan said. The lawsuit also states due to the agreement, Block's backed away from opening a new Bexley-area location, after closing the original East Broad Street location in 2016. The lawsuit further notes Fox's purchase of Sammy's Bagels, a competitor of Block's, and the forming of a new company, FRG Enterprises, that Block's claims was used to avoid obligations of the original company, Fox's Foods.īlock's claims in the lawsuit that the abandonment of the supply agreement has harmed the company through a loss in revenue. Broad St., that has never been paid for, and during the agreement sourced products elsewhere, in violation of their agreement. In addition, the complaint alleges that Fox possesses equipment used at the original Block's location, at 3415 E. The suit also alleges that Fox did not exercise the option to purchase Block's. More: Ohio sues solar energy company following hundreds of complaintsĪccording to the lawsuit, Fox's company has not paid annual licensing fees and performance bonus payments, the latter of which required Fox to make payments "equal to 5 percent of the gross revenue in excess of $500,000, with a ceiling of $1,000,000, in annual sales generated from the Bexley store." The lawsuit claims the Bexley location has exceeded $1 million in revenue each year under the supply agreement. ![]()
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