Logan's Roadhouse
Template:Short description Template:Use mdy dates {{#invoke:Infobox|infobox}}Template:Template otherTemplate:Main other{{#invoke:Check for clobbered parameters|check|nested=1|template=Infobox company|cat=Template:Main other|name; company_name|logo; company_logo|logo_alt; alt|trade_name; trading_name|former_names; former_name|type; company_type|predecessors; predecessor|successors; successor|foundation; founded|founders; founder|defunct; dissolved|hq_location; location|hq_location_city; location_city|hq_location_country; location_country|num_locations; locations|areas_served; area_served|net_income; profit|net_income_year; profit_year|owners; owner |homepage; website }}{{#invoke:Check for unknown parameters|check|unknown=Template:Main other|preview=Page using Template:Infobox company with unknown parameter "_VALUE_" | ignoreblank=y | alt | area_served | areas_served | assets | assets_year | aum | brands | company_logo | company_name | company_type | defunct | dissolved | divisions | embed | equity | equity_year | fate | footnotes | headquarters | former_name | former_names | foundation | founded | founder | founders | genre | homepage | hq_location | hq_location_city | hq_location_country | incorporated | image | image_alt | image_caption | image_size | image_upright | income_year | industry | ISIN | key_people | location | location_city | location_country | locations | logo | logo_alt | logo_caption | logo_class | logo_size | logo_upright | members | members_year | module | name | native_name | native_name_lang | net_income | net_income_year | num_employees | num_employees_year | num_locations | num_locations_year | operating_income | owner | owners | parent | predecessor | predecessors | production | production_year | products | profit | profit_year | rating | ratio | revenue | revenue_year | romanized_name | services | subsid | subsidiaries | successor | successors | traded_as | trade_name | trading_name | type | website| qid | fetchwikidata | suppressfields | noicon | nocat | demo | categories }} Logan's Roadhouse is an American chain of casual dining restaurants based in Houston, Texas, United States, founded in 1991 in Lexington, Kentucky, U.S.<ref name="aboutus">{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> There are 135 Logan's Roadhouse locations throughout twenty-two states.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
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.Template: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.Template:Citation needed
History
In 1999 it became a wholly owned subsidiary of the publicly held Cracker Barrel. On December 6, 2006, Logan's Roadhouse was sold 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.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
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.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> On January 12, 2017, Hazem Ouf, former chief executive officer of American Blue Ribbon Holdings, was named president and chief executive officer.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
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.<ref name="bankruptcy">Template:Cite news</ref> Locations closing in late September 2016, include, in Florida, two each in Kissimmee and Orlando, and one each in Mary Esther, Tampa, and Tallahassee; one in each of those cities: Macon, Georgia; Houston, Texas; Lafayette, Louisiana and Waynesboro, Virginia.<ref>McLaughlin, Tom, "Well-known Mary Esther restaurant bites the dust", Northwest Florida Daily News, Fort Walton Beach, Florida, Thursday 29 September 2015.</ref><ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref><ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
On December 1, 2016, Logan's Roadhouse formally exited bankruptcy with a debt load reduced from about $400 million to $100 million.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
On November 1, 2018, Logan's Roadhouse announced that it was acquired by CraftWorks Restaurants & Breweries.<ref>Template:Cite news</ref>
On March 3, 2020, Craftworks filed for Chapter 11 Bankruptcy protection.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> On March 19, 2020, all open Logan's locations were temporarily closed amid the COVID-19 pandemic.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> 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.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
On June 12, 2020, SPB Hospitality purchased Craftworks restaurants out of bankruptcy for $93 million.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
References
External links
- Steakhouses in the United States
- Companies based in Houston
- American corporate subsidiaries
- 1991 establishments in Kentucky
- Restaurants established in 1991
- Restaurant franchises
- Companies that filed for Chapter 11 bankruptcy in 2016
- Companies that filed for Chapter 11 bankruptcy in 2020
- 1999 mergers and acquisitions
- 2006 mergers and acquisitions
- 2010 mergers and acquisitions
- 2018 mergers and acquisitions