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Logan's Roadhouse
Company type Subsidiary Industry Food service Genre
Founded 1991; 33 years ago (1991 ) Lexington, Kentucky , U.S. Founder Dave Wachtel Charles F. McWhorter Headquarters
,
Number of locations
135
Area served
United States
Key people
Hazem Ouf (CEO)[1] Stephen Anderson (Senior VP, Marketing) Len Popering (Chief marketing officer) Michelle Zavolta (Chief human resources officer) Products Steaks , ribs , Burgers, chicken , Seafood, Sandwiches, Desserts, Family Meals, Alcoholic Beverages, Kids Menu, Appetizers, Soups and Salads [2] Revenue US$537 million (2021)
Number of employees
4,723 (2021) Parent Independent (1991–1999)CBRL Group (1999-2006)Bruckmann, Rosser, Sherrill & Co. , Canyon Capital Advisors LLC, Black Canyon Capital LLC (2006-2010)Kelso & Company (2010-2018)CraftWorks Restaurants & Breweries (2018-2020) SPB Hospitality (2020-present)Website www .logansroadhouse .com
Logan's Roadhouse is a chain of casual dining restaurants based in Houston, Texas , United States , founded in 1991 in Lexington, Kentucky , U.S.[3] There are 135 Logan's Roadhouse locations throughout twenty-two states.[4]
The chain uses retro style decorations. Some of the Logan's establishments have locality-inspired decor and artwork. For example, Detroit area Logan's have murals of people wearing Detroit Pistons shirts.[citation needed ] The chain's menu includes mesquite-grilled steaks, traditional American fare such as sandwiches, soup, salads, and seafood, longneck cold beer, and homemade yeast rolls.[citation needed ]
History [ edit ]
In 1999 it became a wholly owned subsidiary of the publicly held CBRL Group, which also owns Cracker Barrel . On December 6, 2006, CBRL Group sold Logan's Roadhouse to affiliates of Bruckmann, Rosser, Sherrill & Co. , Canyon Capital Advisors LLC, and Black Canyon Capital LLC for $486 million. In 2010, private equity firm Kelso & Company acquired the company.[5]
On February 20, 2013, Mike Andres, a former McDonald's vice-president and former chief executive officer of Boston Market, replaced Tom Vogel as chief executive officer.[6] On January 12, 2017, Hazem Ouf, former chief executive officer of American Blue Ribbon Holdings, was named president and chief executive officer.[7]
On August 8, 2016, Logan's Roadhouse filed for bankruptcy and announced plans to close eighteen of its 256 locations that are under-performing. The chain was reported to be struggling with heavy debt and falling sales.[8] Locations closing in late September 2016, include, in Florida, two each in Kissimmee & Orlando , and one each in Mary Esther , Tampa , and Tallahassee ; one in each of those cities: Macon, Georgia ; Houston, Texas ; Lafayette, Louisiana & Waynesboro, Virginia .[9] [10] [11]
On December 1, 2016, Logan's Roadhouse formally exited bankruptcy with a debt load reduced from about $400 million to $100 million.[12]
On November 1, 2018, Logan's Roadhouse announced that it was acquired by CraftWorks Restaurants & Breweries .[13]
On March 3, 2020, Craftworks filed for Chapter 11 Bankruptcy protection.[14] On March 19, 2020, all open Logan's locations were temporarily closed amid the COVID-19 pandemic.[15] On April 4, 2020, Craftworks announced that all the Logan's Roadhouse locations would remain closed indefinitely, and that all 18,000 employees would be laid off.[16]
On June 12, 2020, SPB Hospitality purchased Craftworks restaurants out of bankruptcy for $93 million.[17]
References [ edit ]
^ "All About Us" . Logan's Roadhouse. 2008. Retrieved 2011-04-03 .
^ "About Us - Logans Roadhouse" . Retrieved 6 August 2016 .
^ "Kelso & Company Inks Agreement to Buy Logan's Roadhouse" . 30 August 2010.
^ "Logan's Roadhouse names Mike Andres as CEO" .
^ "Logan's Roadhouse names Hazem Ouf CEO" . 12 January 2017. Retrieved 20 February 2017 .
^ Fisher, Mark (August 8, 2016). "Logan's Roadhouse restaurant chain files for bankruptcy" . WHIO-TV . Retrieved August 8, 2016 .
^ McLaughlin, Tom, "Well-known Mary Esther restaurant bites the dust", Northwest Florida Daily News , Fort Walton Beach, Florida, Thursday 29 September 2015.
^ McLaughlin, Tom. "Well-known Mary Esther restaurant bites the dust" . nwfdailynews.com .
^ "Logan's Roadhouse closes" .
^ "Logan's Roadhouse emerges from bankruptcy" . Retrieved 20 February 2017 .
^ Alfs, Lizzy (1 November 2018). "Nashville-based Logan's Roadhouse chain acquired by Colorado restaurant group" . The Tennessean . Retrieved 2 November 2018 .
^ "Logan's Roadhouse, Old Chicago owner files for bankruptcy" . 3 March 2020. Retrieved 4 March 2020 .
^ "Logan's Roadhouse closes its doors for public health precaution" . 24 March 2020.
^ "Logan's Roadhouse Closing All 261 Locations Indefinitely" . 4 April 2020.
^ Lalley, Heather (June 12, 2020). "SPB Hospitality takes over former Craftworks restaurants" . Restaurant Business . Retrieved 2020-07-15 .
External links [ edit ]
R e t r i e v e d f r o m " https://en.wikipedia.org/w/index.php?title=Logan%27s_Roadhouse&oldid=1226024685 "
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a d d i t i o n a l t e r m s m a y a p p l y . B y u s i n g t h i s s i t e , y o u a g r e e t o t h e T e r m s o f U s e a n d P r i v a c y P o l i c y . W i k i p e d i a ® i s a r e g i s t e r e d t r a d e m a r k o f t h e W i k i m e d i a F o u n d a t i o n , I n c . , a n o n - p r o f i t o r g a n i z a t i o n .
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