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.[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. 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.
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.[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 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.[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]
External links
References
- 35-Year Industry Veteran Selected After Nationwide Search;Turnaround Executive Will Hold Title Of "CEO AND Partner" For Leading Casual Dining Steakhouse Logan's Roadhouse^
- Menu^
- 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^
- Mark Fisher. Logan's Roadhouse restaurant chain files for bankruptcy WHIO-TV, August 8, 2016, 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.^
- Tom McLaughlin. Well-known Mary Esther restaurant bites the dust nwfdailynews.com^
- Logan's Roadhouse closes^
- Logan's Roadhouse emerges from bankruptcy retrieved 20 February 2017^
- Lizzy Alfs. Nashville-based Logan's Roadhouse chain acquired by Colorado restaurant group The Tennessean, 1 November 2018, 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^
- Heather Lalley. SPB Hospitality takes over former Craftworks restaurants Restaurant Business, June 12, 2020, retrieved 2020-07-15^