Thesis
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The Redondo Beach Hennessey’s Tavern is located directly next to Rebel Republic, the<br />
new modern concept bar the company opened at the beginning of 2017. It is also just<br />
down the street from H.T. Grill, a more expensive formal dining restaurant opened in<br />
1987.<br />
The Hermosa Beach Hennessey’s Tavern is located two doors down from The Light<br />
House Café, which is not a Hennessey’s Tavern Inc. restaurant concept, but Paul<br />
Hennessey acquired the historic Jazz club restaurant in 1989. The Light House Café was<br />
used in the 2017 Academy Award winning movie, La La Land.<br />
The Dana Point Hennessey’s Tavern is located next to The Wine Bistro, an eclectic<br />
Hennessey’s Tavern Inc. concept, that opened in 2000.<br />
The Las Vegas Hennessey’s Tavern located in the up-and-coming downtown area of Las<br />
Vegas competes with three other Hennessey’s Tavern Inc. restaurants. The Las Vegas<br />
tavern was opened in 2006, along with a Mickie Finnz Fish House & Bar location. Mickie<br />
Finnz is a casual sea-themed restaurant that previously had locations in Redondo Beach<br />
and Dana Point. The Las Vegas Hennessey’s also competes LV Country Saloon, a country<br />
bar that Hennessey’s Tavern Inc. established in 2010.<br />
Having so many different restaurant concepts that appeal to different demographics<br />
and dinning preferences allows Hennessey’s Tavern Inc. to capitalize on a wide range of<br />
customers. This also helps the company control the restaurant market in certain areas.<br />
A Similar Restaurant Company Model:<br />
Hennessey’s Tavern Inc. has a very unique company hierarchy, with Paul Hennessey<br />
being the sole owner of all 16 restaurants even though they operate like separate<br />
entities. A business that could be compared to this management and expansion style, is<br />
Fox Restaurant Concepts LLC, based out of Phoenix, Arizona. The main difference<br />
between these companies is, Sam Fox, the owner of Fox Restaurant concepts LLC, has<br />
started to build restaurants and then sell them to investors and other buyers.<br />
Fox Restaurant Concepts has 53 restaurants in eight states across 16 brands. They<br />
include The Arrogant Butcher, Blanco Tacos + Tequila, Culinary Dropout, Juby True,<br />
Wildflower American Cuisine and Zinburger Wine & Burger Bar. Fox and his concepts<br />
have been recognized for excellence on both the business and culinary sides (Ruggless,<br />
2017). In 2014, Fox was honored with the Richard Melman Award by Restaurant<br />
Hospitality for his work as an innovator.<br />
Fox has a keen eye for seeing where restaurant trends are going before they get there.<br />
His concepts are innovative, modern and unique. The corporate model that Fox has built<br />
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