An Oh La La! Deal
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IRVINE — Good Food Fast Cos. has completed its acquisition of Java Centrale Inc.’s Oh La La! division for $2.7 million.
Sacramento-based Java Centrale said Thursday it expects to report a profit of about $200,000 on the sale. Java Centrale said it will receive $1.25 million in cash, a three-year convertible note for $750,000 and convertible preferred stock in Good Food Fast valued at $700,000.
Oh La La! is a chain of espresso bars and a bakery.
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