Charlie Brown's Steakhouse

Charlie Brown's Steakhouse
Charlie Brown's Steakhouse
Industry Restaurants
Genre Casual dining
Founded 1966
Headquarters Mountainside, New Jersey, United States
Number of locations 20+
Area served New Jersey, New York, Pennsylvania
Products American cuisine
Employees 1,100 (2011)[1]
Website charliebrowns.com

Charlie Brown's Steakhouse (or simply Charlie Brown's) is a regional American casual dining restaurant chain based in Mountainside, New Jersey. There are locations in New Jersey, New York and Pennsylvania.

Contents

History

Charlie Brown's Steakhouse was founded in 1966 in Warren, New Jersey, by three businessmen. Their mission was to serve the highest quality cuts of meat to their patrons. The business soon became a success, which led to the opening of various Charlie Brown locations throughout New Jersey, as well as expanding to the bordering states of New York and Pennsylvania. Considered a New Jersey Steakhouse icon, the overwhelming success of Charlie Brown's Steakhouse can be credited to the concept's architects and their impeccable execution of serving fresh cuts of meats alongside garden fresh produce from the highest quality farms in the Garden State. The restaurant was originally owned by CB Holding Corp. In 1997, Charlie Brown's was sold to Castle Harlan, and then acquired in 2005 by Trimaran Capital Partners.[2] As of April 2011, Charlie Brown's Steakhouse is currently owned by Praesidian Capital, a private equity company.[1]

Menu

Charlie Brown's offers many fresh foods made to order, including steak, seafood, sandwiches, salads, chicken, BBQ ribs, pasta, and burgers. The restaurant is well known for serving their signature raisin bread, as well as their "Farmer's Market Salad Bar", where patrons can enjoy unlimited helpings of fresh salad, dressings, and other specialties.

Bankruptcy

The restaurant filed for bankruptcy in November 2010, as part of a restructuring that included the closing of 47 restaurants.[2] In 2011, a New York private-equity company agreed to pay $9.5 million to buy Charlie Brown's Steakhouse. CB Restaurants Inc. is in line to take over 20 Charlie Brown’s restaurants, including 17 locations in New Jersey.[2]

References

  1. ^ a b Tom Zanki (April 11, 2011). "Praesidian Capital acquires Charlie Brown's Steakhouse restaurants". lehighvalleylive.com. http://www.lehighvalleylive.com/breaking-news/index.ssf/2011/04/praesidian_capital_acquires_ch.html. Retrieved October 21, 2011. 
  2. ^ a b c Michael L. Diamond (April 7, 2011). "Bankrupt Charlie Brown's steakhouse chain sold for $9.5 million". Daily Record. http://www.dailyrecord.com/article/20110407/NJNEWS10/110407017/Bankrupt-Charlie-Brown-s-steakhouse-chain-sold-9-5-million. Retrieved April 29, 2011. 

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