Carlsbad-based Hot Dog on a Stick reportedly has been purchased by a portfolio company of Los Angeles private equity firm Levine Leichtman Capital Partners for $12.2 million.
HDOS Enterprises, which owned and operated 93 locations of Hot Dog on a Stick, announced that it filed for federal Chapter 11 bankruptcy protection in February of this year.
At the time, it was reported that the eatery had signed many expensive leases for its locations during the booming economy of the mid-2000s.
Hot Dog on a Stick was established in 1946 and sells hot dogs, corn dogs, lemonade and related items. HDOS was an employee-owned company.