RISE - Menu Monitor

Champps Entertainment, Inc.
Headquarters
10375 Park Meadows Dr. Suite 560, Littleton, Colorado 80124 USA
Tel: (303)804-1333 Fax: (303)804-8477
www.champps.com
Ownership: Private
Segment: Full Service Varied Menu
System Characteristics 2006 2005 2004
U.S. Systemwide Sales ($000) 252,600 261,003 262,445
Company-owned ($000) 209,600 218,187 220,502
Franchised ($000) 43,000 42,816 41,943
U.S. Number of Units 63 66 62
Company-owned 50 53 50
Franchised 13 13 12
International Sales ($000) - - -
International Units - - -
Average Sales/Unit ($000) 4,175 4,200 4,400
Concept Positioning |
Champps Entertainment is a chain of casual-dining restaurants with themed sports bars. Champps has a varied menu concept
and serves up traditional fare such as steaks, burgers, pasta and sandwiches in a lively and energetic atmosphere. F&H
Acquisition Corp. is the parent company of Champps Entertainment. The sports themed atmosphere involves a centralized bar
that boasts several TVs that project the latest sports games. Champps projects a lively and festive atmosphere and invites
patrons to hold parties and other special events in its space. There is an extensive menu of appetizers, entrees, desserts and
alcoholic beverages that appeal to a wide demographic. Approximately 80% of the restaurants are company owned; the
remaining units are franchised. Champps Entertainment is a national chain.
Units are typically freestanding buildings located in high-traffic areas such as shopping malls and megaplex movie theaters.
Champps units are large, averaging 7,000–12,000 sq. ft. with seating for 250–270 customers on multiple levels. A smaller
prototype operates in nontraditional sites, such as Dallas/Fort Worth International Airport. Kitchens are open for customer
viewing and large screen televisions allow patrons to view sporting events. Live DJs spin background music, and karaoke is
offered as an entertainment option. A red, white and blue color scheme, along with an American flag, makes up the logo that
sits above the brightly lit awnings that adorn the outside of the buildings. Arcade games are also available in a separate game
room. Champps-branded merchandise, including apparel and sports-related items, are sold in its separate retail shop.
Founded in 1980 by Dean Vlahos, the first Champps restaurant was in St. Paul, Minnesota. Champps Entertainment
completed is initial public offering in mid-1994. In 1995, Daka International Inc. announced the acquisition of Champps
Entertainment in a $69 million stock swap. The merger was completed in February 1996. In mid-1997, its parent name was
changed from Daka International Inc. to Unique Casual Restaurants as part of a planned spin-off by Daka when its
noncommercial holdings were acquired by Compass Group PLC. In mid-1999, the corporate name was changed to Champps
Entertainment Inc. to better reflect is flagship brand. In 2007, Champps Entertainment Inc. was acquired by F&H Acquisition
Corp., becoming a wholly-owned subsidiary of that company. F&H is also the parent company of FOX & Hound Restaurant
Group. Champps is currently focusing on expanding its presence in existing markets by opening several new company-owned
units over the next several years.
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