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RISE - Menu Monitor

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Fire Mountain<br />

Headquarters<br />

1460 Buffet Way, Eagan, Minnesota 55121 USA<br />

Tel: (651)994-8608 Fax: (651)365-2356<br />

www.ryansrg.com/index.php<br />

Ownership: Private<br />

Segment: Limited Service Steak<br />

System Characteristics 2006 2005 2004<br />

U.S. Systemwide Sales ($000) 165,000 144,000 85,000<br />

Company-owned ($000) 165,000 144,000 85,000<br />

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

U.S. Number of Units 65 70 47<br />

Company-owned 65 70 47<br />

Franchised - - -<br />

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

International Units - - -<br />

Average Sales/Unit ($000) 2,450 2,395 2,457<br />

Concept Positioning |<br />

Ryan’s Restaurant Group, Inc., has operated its Ryan’s Grill, Buffet & Bakery concept since 1978. The company introduced a<br />

new prototype, Fire Mountain, in 2000. The new stores had higher-than-average startup volume and remodeled sites had<br />

double-digit sales increases (averaging 15%). In 2004, Ryan’s announced that henceforth all new restaurants would<br />

incorporate the Fire Mountain concept. Restaurants operate in 23 states, primarily in the Southern and Midwestern U.S.<br />

Units are freestanding, generally near or adjacent to residential neighborhoods. Units average 8,000–12,500 sq. ft., with<br />

seating for 300–500 people in two or three dining areas. The company seeks sites in well-trafficked commercial areas with<br />

nearby populations of 75,000 or more.The cozy, casual, mountain lodge-style Fire Mountain is an all-you-can-eat flat-price<br />

buffet with display cooking in a glass-enclosed grill and cooking area in the dining room. Designed to be highly visible, it also<br />

has customer access to facilitate service of cooked-to-order meats. Meats are displayed on a central bar and served to order<br />

by dedicated personnel. The display grill also offers an assortment of “hot off the grill” entrées and vegetables for lunch and<br />

dinner. Meals at Fire Mountain also include unlimited visits to enhanced food bars, including fresh fruit and salad bars, or<br />

patrons can choose to make their own salads from the selection of fresh vegetables, fruits, toppings and dressings. Bakery<br />

bars located in dining rooms allow customers to view preparation of freshly baked cookies, muffins, brownies and other baked<br />

goods, many that are sugar-free. Freshly baked bread and drink refills are brought to the table. Most units are open from 11<br />

a.m. to 10 or 10:30 p.m. seven days a week; recently the company started rolling out Saturday and Sunday breakfast, starting<br />

at 7:30 a.m.<br />

Fire Mountain and Ryan's Grill, Buffet & Bakery are now owned and operated by Buffets Holdings Inc. A 2006 acquisition of<br />

Ryan's by Buffets Holdings for $876 million made Buffets Holdings, the parent of such chains as Old Country Buffet/Hometown<br />

Buffet and Country Buffet, the nation's largest buffet restaurant chain. The company has not disclosed expansion plans.<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 />

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