Brinker International, Inc.
Out of this environment emerged three American casual dining giants: TGI Fridays ($PRIVATE:TGIFRIDAYS), owned by private investment firm Sentinel Capital Partners, Chili’s ($EAT), owned by Brinker International, and Applebee’s ($DIN), owned by Dine Brands Global.
The franchise is for a Chili’s Grill & Bar or a Chili’s Special Venue restaurant . Chili’s Grill & Bar restaurants are full service restaurants featuring a casual dining atmosphere and a full service bar. $4,637,695.
|Type of Fee||Amount|
|Offering||Franchise /Development Agreements – $10,000.|
Darden Restaurants, Inc. Darden Restaurants.
|Divisions||Olive Garden LongHorn Steakhouse Cheddar’s Scratch Kitchen Yard House The Capital Grille Seasons 52 Bahama Breeze Eddie V’s Prime Seafood|
|Footnotes / references|
It was among the first restaurant of its kind and helped pioneer the casual dining industry. Throughout the late 70s and 80s, Chili’s was known for serving a grilled, mouth-watering, napkin-soaking gourmet burger. It was one of the best, if not the best burger around.
Redrock Partners, LLC
DALLAS , Sept. 5, 2019 /PRNewswire/ — Today, Brinker International , Inc. (NYSE: EAT), a leader in the casual dining industry, completed the acquisition of 116 Chili’s ® Grill & Bar restaurants from its 14-year franchisee, ERJ Dining.
The solid food choices and attractive meal and drink deals at Chili’s reigned supreme in the end. While my Chili’s meal cost just over $25, I spent nearly $60 at Applebee’s . With far more impressive portion sizes and overall better food, I ordered the same amount of food at Chili’s for just half the Applebee’s price.
Outback Steakhouse parent Bloomin’ Brands Inc. Such pressures have hurt Olive Garden parent Darden Restaurants Inc., DRI 0.67% which also owns Red Lobster and Outback competitor LongHorn Steakhouse. Darden’s business has fluctuated over the past year as it deals with higher food costs and tougher competition.
Burger King announced in August 2020 that “several hundred” locations are expected to close. Burger King reported plans to close up to 250 restaurants in 2019, with closures coming into effect this year and over the next few years.
Despite its success, Chick-fil-A charges a franchise fee of just $10,000 to open a new restaurant, and the company told Business Insider it doesn’t require candidates to meet a threshold for net worth or liquid assets. That’s cheaper than every major fast-food chain in the US.
Franchise Description: Applebee’s Franchisor LLC is the franchisor. Franchisees operate sit-down, table service restaurants, including the service of food and alcoholic beverages, under the trade name of “ Applebee’s Neighborhood Grill & Bar.”
Does Olive Garden offer franchise opportunities? Click here .com/darden international/ olive garden / .com/darden international/ olive garden / to learn more about restaurant franchising .