Bob Evans to sell, lease back Ohio headquarters, 2 plants

Bob Evans announces closing of 20 restaurants. (Photo/Bob Evans Farms, Inc.)
Bob Evans announces closing of 20 restaurants. (Photo/Bob Evans Farms, Inc.)

COLUMBUS, Ohio (AP) — The owner of the Bob Evans restaurant chain is planning to sell its new Ohio headquarters just outside Columbus along with two manufacturing plants.

Bob Evans Farms Inc. says it will then lease back the properties and use the money from the sale for stock buybacks.

It’s the latest move in the company’s attempts to improve its bottom-line.

The Columbus Dispatch reports that the sale of headquarters and food manufacturing plants in Lima and Sulphur Springs, Texas, should go through this summer.

The company isn’t saying how much it expects to get in the deal. The headquarters in the Columbus suburb of New Albany opened less than two years ago.

Bob Evans Farms has over 500 restaurants in 19 states mostly in the Midwest, mid-Atlantic and Southeast. provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others and keep the conversation on topic and civil. If you see an inappropriate comment, please flag it for our moderators to review.

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