RISE - Menu Monitor

Expansion Plans |
Huddle House plans to open 26 restaurants in Houston, TX, over the next three years. The first unit is expected to open in
January. (bizjournals.com 12/15/06)
Huddle House plans to double the number of restaurants already in existence in eight years. (Company Release 1/11/07)
Huddle House opened its new test kitchen and research and development center in Atlanta. The center is designed to develop
new menu items and increase quality and service. (Company Release 2/21/07)
Huddle House plans to open eight restaurants in the Fort Worth market, where it hopes to eventually have 1,000 restaurants.
Huddle House has 420 restaurants nationwide, mainly in the Southeast, and plans to have a total of 750 outlets within the next
five years. (Star-Telegram 2/22/07)
Promotion Plans |
Huddle House announced the first-prize winner of its $100K Giveaway promotion. Phillip Weathers of Eastaboga, AL, won a
trip to the 2008 Daytona 500, including airfare for two, hotel, a car rental and race tickets. The promotion’s grand prize of
$100,000 went unclaimed because no contestant met the criteria of collecting all the letters from scratch-offs to correctly spell
“HUDDLE.” (Franchising.com 11/26/07)
Personnel |
Susan Franck, Director of Marketing
Phil Greifeld, CEO
Tom Cossuto, CFO
Mike Weimers, COO
News & Other |
Huddle House Inc. has been acquired by Allied Capital Corp., for approximately $124.1 million. Allied Capital is a Washingtonbased
private equity firm with investments worth up to $4 billion, including companies such as Hot Stuff Foods and Meineke
Car Care Centers. Huddle House operates 400 restaurants in 17 states in the Southeast and Midwest. (NRN Daily NewsFax
12/22/06; Company Release 12/21/06; Atlanta Journal-Constitution 1/11/07)
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