If you’re looking for a delicious and affordable meal, look no further than Cheddar’s Scratch Kitchen. This restaurant offers a wide variety of made-from-scratch dishes that will satisfy even the most discerning palate. From their world-famous chicken tenders to their mouth-watering desserts, Cheddar’s has something for everyone. And with prices that won’t break the bank, you can afford to eat here every day!
About Cheddar’s Scratch Kitchen
Cheddar’s was founded in 1979 by Aubrey Good and also Doug Rogers. The very first place remained in Arlington, Texas, and the chain got to 10 locations by 1995.
By 2003, Cheddar’s generated $150 million in profits from 42 restaurants in 13 states and also Brazos Private Equity Partners made a first investment to expand the business that year. In August 2006, when the business created $245 million in income from 55 restaurants in 15 states, Oak Investment Partners and L Catterton Partners collectively acquired Cheddar’s.
In August 2007, the firm hired Kelly Baltes from Darden Restaurants to serve as CEO.
In October 2014, Ian Baines was induced as President and also CEO of Cheddar’s Scratch Kitchen, after functioning as CEO and President at Uno Restaurant Holdings Corporation. Throughout his career, he has actually held different roles of raised obligation with Darden Restaurants and also Brinker International, Inc
In 2015, the firm transformed its name to Cheddar’s Scratch Kitchen.
In 2017, Cheddar’s Scratch Kitchen completed its purchase of 44 restaurant places from Kentucky-based Greer Companies, the company’s biggest franchisee.The acquisition boosted Cheddar’s Scratch Kitchen’s corporately possessed dining establishments to 139 out of the 164 places nationwide, including areas in Kentucky, Ohio, Indiana, Tennessee, Virginia, West Virginia, and North Carolina.
On March 27, 2017, Darden Restaurants revealed its intent to get Cheddar’s from investors such as L Catterton and Oak Investment Partners for $780 million plus one more $10 million for transaction-related expenses. On March 28, 2017, when Darden revealed it that had actually acquired Cheddar’s Damage Cooking area, Darden became the greatest gainer that day on the S&P 500. The procurement was finished on April 24, 2017.