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RISE - Menu Monitor

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Shoney's<br />

Headquarters<br />

1717 Elm Hill Pike Suite B-1, Nashville, Tennessee 37210 USA<br />

Tel: (615)231-2153 Fax: (615)231-2531<br />

www.shoneys.com<br />

Ownership: Private<br />

Segment: Full Service Family Style<br />

System Characteristics 2006 2005 2004<br />

U.S. Systemwide Sales ($000) 465,000 475,000 505,000<br />

Company-owned ($000) 95,000 100,000 230,000<br />

Franchised ($000) 370,000 375,000 275,000<br />

U.S. Number of Units 282 290 318<br />

Company-owned 56 64 126<br />

Franchised 226 226 192<br />

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

International Units - - -<br />

Average Sales/Unit ($000) 1,580 1,555 1,550<br />

Concept Positioning |<br />

Shoney’s is a full-service family-style restaurant featuring traditional homestyle entrées as well as an extensive breakfast,<br />

lunch and dinner buffet. Privately held by Royal Hospitality Corp., the company operates 282 units in 18 Southern and<br />

Midwestern states, 226 of which are franchised.<br />

Shoney’s units are freestanding, averaging 1,580 sq. ft. and seating approximately 174 patrons. Takeout services are<br />

available at all restaurants. Units feature large windows, indoor and outdoor lights, awnings, live plants and framed photos.<br />

Newer stores have carpeting and partitioned areas for a more private dining experience. The Pie Shoppe provides larger<br />

waiting areas, flexible lighting patterns and new interiors with warmer colors and textures. The chain's Family Fun Night is a<br />

family-centered evening featuring clowns, face painting, balloon animals and prize giveaways.<br />

In 1947, Alex Schoenbaum opened his first Shoney’s at a Parkette Drive-In and Bowling Alley in Charleston, WV. In 1953,<br />

Schoenbaum bought the franchise rights for Big Boy. Ray Danner opened his first Shoney’s in Madison, TN, under a franchise<br />

agreement with Schoenbaum in 1959. The two joined forces in 1971 and became Shoney’s, Inc. in 1976. In 1984, the<br />

company terminated its affiliations with the Big Boy name and the brand became known as just Shoney’s. In 2002, Shoney’s<br />

merged with an affiliate of Dallas based Lone Star U.S. Acquisitions, LLC and U.S. Restaurant Properties in a cash transaction<br />

that took the company private. In 2007, Royal Hospitality, an Atlanta-based food service company acquired Shoney’s<br />

Restaurants from Shoney’s LLC under undisclosed terms.<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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