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RISE - Menu Monitor

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Bugaboo Creek Steak House<br />

Headquarters<br />

1450 Route 22 West, Mountainside, New Jersey 07092 USA<br />

Tel: (908)518-1800 Fax: (908)518-1509<br />

www.bugaboocreeksteakhouse.com<br />

Ownership: Private<br />

Segment: Full Service Steak<br />

System Characteristics 2006 2005 2004<br />

U.S. Systemwide Sales ($000) 109,824 97,300 95,091<br />

Company-owned ($000) 109,824 97,300 95,091<br />

Franchised ($000) - - -<br />

U.S. Number of Units 31 31 28<br />

Company-owned 31 31 28<br />

Franchised - - -<br />

International Sales ($000) - - -<br />

International Units - - -<br />

Average Sales/Unit ($000) 3,485 3,435 3,617<br />

Concept Positioning |<br />

Bugaboo Creek Steakhouse is a casual-dining concept with a friendly, relaxed atmosphere. The full-service chain has created<br />

its unique positioning within the steak sector through the use of electronically animated wildlife characters that unexpectedly<br />

come to life and tell tales of Bugaboo Creek. The characters are trademarked and include Moxie the Moose, Bill the Buffalo<br />

and Timber the Tree. This format of moderately priced meals and laid-back atmosphere attracts a great number of families<br />

with children. Bugaboo operates both company-owned and franchised units in the Northeast, Southeast and Mid-Atlantic<br />

states of the U.S.<br />

All units are freestanding and are large, ranging in size from 8,500–11,000 sq. ft. with seating for 270–325. Designed to<br />

resemble a Canadian Rocky Mountain lodge, decor includes wildlife photos, hunting trophies, fly fishing and other sports<br />

equipment, including skis, snow shoes, etc.<br />

Bugaboo Creek began operations in 1990. It made its initial public offering in 1994. In mid-1996, the company was acquired by<br />

RARE Hospitality International, Inc. In February 2007, RARE announced the sale of Bugaboo Creek to Bugaboo Creek<br />

Acquisition LLC, a wholly-owned subsidiary of Charlie Brown’s Acquisition Corp., for $28 million. Charlie Brown’s Acquisition is<br />

owned by private equity firm Trimaran Capital Partners. The transaction is expected to be finalized during the third quarter of<br />

2007.<br />

<strong>Menu</strong> Positioning |<br />

Bugaboo Creek promotes “Canadian Flavor From the Rockies” with separate lunch and dinner menus that feature appetizers,<br />

specials, sandwiches, burgers, steaks, combo platters, seafood, salads, pasta, sides, desserts and beverages. Signature<br />

menu items include seasoned steaks such as the Lodge Filet, Timber Creek Sirloin Steak and Honey Pepper Ribeye, classic<br />

prime rib, spit-roasted chicken, barbecue ribs, grilled salmon and trout, fresh fish and beer-marinated hamburgers. Appetizers<br />

include Canadian Cheese Spinach Dip, BBQ Chicken Nachos, Bear Trap Quesadillas and Baked Onion ‘N’ Ale Soup.<br />

Bugaboo’s specialty drink menu features creative cocktails such as the 1800 Avalanche Margarita and the Rocky Mountain<br />

Mudslide. A kids’ menu is also available. <strong>Menu</strong> prices range from $2.79–$12.99 for lunch and $2.75–$19.49 for dinner. Checks<br />

average $16.<br />

©Technomic Information Services 2007, CIS profiles may not be copied or distributed in any print or electronic format without a license or written consent.<br />

Technomic believes that its sources of information are reliable, but does not assume any responsibility or liability for the accuracy of the information<br />

published.<br />

97

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