Logan's Roadhouse

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Logan's Roadhouse
TypePrivate
IndustryFood service
GenreCasual Dining
Founded1991; 30 years ago (1991)
Lexington, Kentucky, U.S.
FounderDave Wachtel & Charles F. McWhorter
Headquarters
Houston, Texas
,
United States
Number of locations
135
ProductsSteak, ribs, Burgers, chicken, Seafood, Sandwiches, Desserts, Family Meals, Alcoholic Beverages, Kids Menu, Appetizers, Soups and Salads [1]
ParentSPB Hospitality
Websitewww.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.[2] There are 135 Logan's Roadhouse locations throughout twenty-two states.[3]

The chain uses retro style decorations, and provides free buckets of peanuts that come at each table. 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, homemade yeast rolls, and buckets of in-shell peanuts.[citation needed]

History[]

In 1999 it became a wholly owned subsidiary of the publicly held CBRL Group, Inc (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.[4]

On February 20, 2013, Mike Andres, a former McDonald's vice-president and former CEO of Boston Market, replaced Tom Vogel as CEO.[5] On January 12, 2017, Hazem Ouf, former CEO of American Blue Ribbon Holdings, was named president and CEO.[6]

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.[7] Locations closing in late September 2016, include, in Florida, two in Kissimmee, two in Orlando, and one each in Mary Esther, Tampa, and Tallahassee; one in Macon, Georgia; one in Houston, Texas; one in Lafayette, Louisiana and one in Waynesboro, Virginia.[8][9][10]

On December 1, 2016, Logan's Roadhouse formally exited bankruptcy with a debt load reduced from about $400 million to $100 million.[11]

On November 1, 2018, Logan's Roadhouse announced that it was acquired by CraftWorks Restaurants & Breweries.[12]

On March 3, 2020, Craftworks filed for Chapter 11 Bankruptcy protection.[13] On March 19, 2020, all open Logan's locations were temporarily closed amid the COVID-19 Pandemic.[14] 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.[15]

On June 12, 2020, SPB Hospitality purchased Craftworks restaurants out of bankruptcy for $93 million.[16]

References[]

  1. ^ "Menu".
  2. ^ Logan's Roadhouse, Inc. (2008). "All About Us". Logan's Roadhouse, Inc. Retrieved 2011-04-03.
  3. ^ "About Us - Logans Roadhouse". Retrieved 6 August 2016.
  4. ^ "Kelso & Company Inks Agreement to Buy Logan's Roadhouse".
  5. ^ "Logan's Roadhouse names Mike Andres as CEO".
  6. ^ "Logan's Roadhouse names Hazem Ouf CEO". 12 January 2017. Retrieved 20 February 2017.
  7. ^ Fisher, Mark (August 8, 2016). "Logan's Roadhouse restaurant chain files for bankruptcy". WHIO-TV. Retrieved August 8, 2016.
  8. ^ McLaughlin, Tom, "Well-known Mary Esther restaurant bites the dust", Northwest Florida Daily News, Fort Walton Beach, Florida, Thursday 29 September 2015.
  9. ^ McLaughlin, Tom. "Well-known Mary Esther restaurant bites the dust". nwfdailynews.com.
  10. ^ "Logan's Roadhouse closes".
  11. ^ "Logan's Roadhouse emerges from bankruptcy". Retrieved 20 February 2017.
  12. ^ Alfs, Lizzy (1 November 2018). "Nashville-based Logan's Roadhouse chain acquired by Colorado restaurant group". The Tennessean. Retrieved 2 November 2018.
  13. ^ "Logan's Roadhouse, Old Chicago owner files for bankruptcy". 3 March 2020. Retrieved 4 March 2020.
  14. ^ "Logan's Roadhouse closes its doors for public health precaution".
  15. ^ "Logan's Roadhouse Closing All 261 Locations Indefinitely".
  16. ^ Jun. 12, Heather Lalley on; 2020. "SPB Hospitality takes over former Craftworks restaurants". Restaurant Business. Retrieved 2020-07-15.CS1 maint: numeric names: authors list (link)

External links[]

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