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In 2023, Benihana was exploring a possible sale that could value the chain at $600 million or more. [23] In 2024, Benihana was acquired by One Group Hospitality Inc. [24] One Group completed the deal in February 2024 for $365 million in cash, acquiring 86 Benihana locations, as well as Benihana's 19 Ra Sushi restaurants. [25]
One Group currently has 63 restaurants under its belt comprised of the several dozen Kona Grill and STK Steakhouse locations, respectively, per Restaurant Business Magazine. But when the company ...
A Big Boy franchise until 1987. One restaurant in the chain was named "Galaxy Diner". Koo Koo Roo: Chicken United States 38 Owned by Luby's Lee Roy Selmon's: Casual dining United States 3 Its original location closed in 2018 after 17 years. Little Chef: Roadside restaurants United Kingdom 439 Ended in 2018 Lum's: Family United States 273 Mao ...
Original location Founded Headquarters Parent company Number of U.S. locations Areas served Notes BonChon Chicken: Busan, South Korea: 2002 Dallas, Texas: 115 Nationwide Cupbop: Salt Lake County, Utah: 2013 Salt Lake City, Utah: 38 Mountain states, Oklahoma L&L Hawaiian Barbecue: Honolulu, Hawaii: 1976 Honolulu, Hawaii: 209
SPB Hospitality is a multi-brand restaurant operator headquartered in Houston, Texas.The company owns several casual dining restaurant chain brands, including Logan's Roadhouse, Old Chicago Pizza + Taproom, J. Alexander's, Stoney River Steak House, Krystal Restaurants, Gordon Biersch Brewery Restaurants, and Rock Bottom Restaurants Breweries.
Whitbread PLC, with 45 locations in the United Kingdom, was a major international franchisee until 2007. On January 17, 2007, Whitbread sold operating rights of all 45 restaurants back to TGI Fridays UK Limited (a consortium consisting of Carlson Restaurants Worldwide Inc. and ABN Amro Capital) thus exiting a partnership formed in 1986. [59]
After he received his associate degree in management in 1963, [7] [13] he used the $10,000 he had saved from the ice cream business to convince his father to co-invest in the first Benihana, a four-table teppanyaki restaurant on West 56th Street. "Benihana", taken from the Japanese name for safflower, was suggested by Aoki's father. According ...
Since 2009, several Houston's locations around the US have changed their names to Hillstone. The company maintains the changes are in keeping with a long-term strategy of disassociating from the chain image to remain a niche player in the industry. The practice of changing restaurant names is not a new strategy for the company, which has similarly converted severa