Logan's Roadhouse

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

Logan's Roadhouse
Private
IndustryFood service
FateIndefinitely Closed
Founded1991 (1991)
Lexington, Kentucky, U.S.
FounderGrant Mueller
Headquarters,
Number of locations
230
Key people
vacant
OwnerCraftWorks Restaurants & Breweries
Websitewww.logansroadhouse.com

HistoryEdit

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 eighteen of its 256 locations that are under-performing. 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]

On November 1, 2018, Logan's Roadhouse announced that it was acquired by CraftWorks Restaurants & Breweries.[11]

On March 3, 2020, Craftworks filed for Chapter 11 Bankruptcy protection.[12] On March 19, 2020, all open Logan's locations were temporarily closed amid the COVID-19 Pandemic[13] 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.[14] The company is unsure if they will be able to reopen their locations and said that they will keep people updated on the situation via their official website.

MarketingEdit

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.

MenuEdit

The chain's menu includes mesquite-grilled steaks, traditional American fare (sandwiches, soup, salads, and seafood), longneck ice-cold 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.

ReferencesEdit

  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.
  11. ^ Alfs, Lizzy (1 November 2018). "Nashville-based Logan's Roadhouse chain acquired by Colorado restaurant group". The Tennessean. Retrieved 2 November 2018.
  12. ^ "Logan's Roadhouse, Old Chicago owner files for bankruptcy". Retrieved 4 March 2020.
  13. ^ https://www.wtok.com/content/news/Logans-Roadhouse-closes-its-doors-due-to-the-coronavirus-outbreak-569070571.html
  14. ^ https://wcrz.com/logans-roadhouse-closing-all-261-locations-indefinitely/

External linksEdit