RISE - Menu Monitor

Chart House
Headquarters
1510 West Loop South, Houston, Texas 77027 USA
Tel: (713)850-1010 Fax: (713)850-7205
www.chart-house.com
Ownership: Private
Segment: Full Service Seafood
System Characteristics 2006 2005 2004
U.S. Systemwide Sales ($000) 105,000 107,000 103,500
Company-owned ($000) 105,000 107,000 103,500
Franchised ($000) - - -
U.S. Number of Units 24 26 25
Company-owned 24 26 25
Franchised - - -
International Sales ($000) - - -
International Units - - -
Average Sales/Unit ($000) 4,300 4,200 4,050
Concept Positioning |
Chart House restaurants offer an upscale, full-service dining experience. The concept specializes in fresh seafood, including
seasonal fresh fish, shrimp and other seafood entrees. The atmosphere provides a fine-dining experience with waterfront
views, attracting an upwardly mobile adult clientele. Chart House is open for lunch, dinner and weekend brunch. Landry’s
Restaurants Inc. is the parent company of Chart House, which does not franchise. There are 25 Chart House locations across
the U.S.
Chart House units capitalize on the attractiveness of a unique natural site or historic building. Generally located near lake
shores, sea coasts or mountains and within major metropolitan areas. Units range from 4,600–32,000 sq. ft. (with an average
of 8,950) and seat 176–890 (average is 287) persons. Exteriors of its restaurants range from a restored 1887 Victorian
boathouse on Coronado Island in San Diego Bay to a modern three-tiered glass restaurant in Philadelphia overlooking the
Delaware River. The chain underwent an extensive remodeling program, and in recent years, some 80% of the system has
been given a new, more contemporary decor.
The first Chart House restaurant was opened in Aspen, CO, in 1961 by Joey Cabell and Buzzy Bent. In 1987, the company
acquired Paradise Bakery and sold it in late 1995. In 1992, it created a license agreement for the Islands hamburger chain to
develop them nationwide and in early 1996, sold its majority rights to concentrate solely on the Chart House brand. In mid-
1997, financier Sam Zell’s Equip Group Investments, Inc. acquired some 29% of the outstanding shares of Chart House stock.
In 2002, Landry’s Restaurants acquired the Chart House chain. Chart House is considered Landry’s most upscale concept.
The company’s other brands include its flagship concept, Landry’s Seafood House, as well as casual-dining themed-restaurant
chain Rainforest Café. Landry’s also owns the Golden Nugget Casino in Las Vegas. The company has not disclosed any longterm
expansion plans for Chart House.
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