Logan's Roadhouse

Logan's Roadhouse
Private
Industry Food service
Founded 1991 (1991)
Lexington, Kentucky, U.S.
Headquarters Nashville, Tennessee, United States
Number of locations
 230
Key people
 Hazem Ouf (President & CEO)
Owner Kelso & Company
Website www.logansroadhouse.com

Logan's Roadhouse is a chain of restaurants based in Nashville, Tennessee, U.S. It was founded in 1991 in Lexington, Kentucky, United States.[1] There are 194 company operated and 25 franchised Logan's Roadhouse locations throughout 23 states and growing.[2]

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.[3]

On February 20, 2013, Mike Andres, a former McDonald's vice-president and former CEO of Boston Market, replaced Tom Vogel as CEO.[4] On January 12, 2017 Hazem Ouf, former CEO of American Blue Ribbon Holdings, was named President and CEO.[5]

On August 8, 2016, Logan's Roadhouse filed for bankruptcy and announced plans to close 18 of its 256 locations that are under-performing, though did not announce at the time which locations would close. The chain was reported to be struggling with heavy debt and falling sales.[6] 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.[7][8][9]

On December 1, 2016 Logan's Roadhouse formally exited bankruptcy with a debt load reduced from about $400 million to $100 million.[10]

Marketing

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.

The chain's menu includes mesquite-grilled steaks, traditional American fare (sandwiches, soup, salads, and seafood), ice-cold longneck beer, homemade yeast rolls, and unlimited buckets of in-shell peanuts.

Logan's serves appetizers, steak, and hamburgers, and offers side dishes such as salad, french fries, homestyle potato chips, rice pilaf and sweet or baked potatoes.

References

  1. ↑ Logan's Roadhouse, Inc. (2008). "All About Us". Logan's Roadhouse, Inc. Retrieved 2011-04-03.
  2. ↑ "About Us - Logans Roadhouse". Retrieved 6 August 2016.
  3. ↑ "Kelso & Company Inks Agreement to Buy Logan's Roadhouse".
  4. ↑ "Logan's Roadhouse names Mike Andres as CEO".
  5. ↑ "Logan's Roadhouse names Hazem Ouf CEO". Retrieved 20 February 2017.
  6. ↑ Fisher, Mark (August 8, 2016). "Logan's Roadhouse restaurant chain files for bankruptcy". WHIO-TV. Retrieved August 8, 2016.
  7. ↑ McLaughlin, Tom, "Well-known Mary Esther restaurant bites the dust", Northwest Florida Daily News, Fort Walton Beach, Florida, Thursday 29 September 2015.
  8. ↑ McLaughlin, Tom. "Well-known Mary Esther restaurant bites the dust". nwfdailynews.com.
  9. ↑ "Logan's Roadhouse closes".
  10. ↑ "Logan's Roadhouse emerges from bankruptcy". Retrieved 20 February 2017.
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