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management duties in the Chicago Operation included the approval
of new restaurant locations, supervising the construction of new
restaurants, and the hiring and training of their employees. As
of November 1969, the Chicago Operation directly operated 37
Burger King restaurants and was subfranchisor of 29 other
Chicago-area Burger King restaurants.
In 1970, after a corporate reorganization of the Chicago
Operation, FIC sold its interest in the Chicago Operation to
Self-Service Restaurants (Self-Service), a publicly traded Burger
King franchisee. In exchange for all of FIC's shares in the
Chicago Operation, FIC received shares of Self-Service common
stock that FIC later sold for approximately $222,000, as well as
Self-Service's promissory note in the principal amount of
$868,500. Following the sale, Robert was employed by Self-
Service to assist during the period of transition to Self-Service
management.
In 1971, Robert terminated his employment with Self-Service.
Robert remained in Chicago, where he managed five Burger King
restaurants that he owned directly, and participated in the
management of six Burger King restaurants in Milwaukee,
Wisconsin, in whose corporate franchisee he had acquired a 27-
percent stock interest.
In 1973, FIC purchased an existing Burger King restaurant in
Fort Myers, Florida. Thereafter, in 1976, after Robert returned
to Florida, FIC acquired three existing Burger King restaurants,
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