Restaurants Unlimited Inc Explained

Restaurants Unlimited, Inc. (RUI) was an American food and beverage firm. Rich Komen founded the company in 1969, and it was headquartered in Seattle, Washington, United States.^[1]

Brands included Skates on the Bay, Portland City Grill, Manzana Grill, Palisade, Cutters Crabhouse, Stanford's, Henry's Tavern, Kincaid's, Palomino Restaurant & Bar and Portland Seafood Company.^[2]

Restaurants Unlimited filed for Chapter 11 bankruptcy on July 7, 2019. At the time of filing, there were 35 locations owned by the firm across six states.^[3]

History

In 2007, Sun Capital Partners acquired Restaurants Unlimited for an unspecified amount.^[1]

In July 2015, Jim Eschweiler was named president and CEO.^[4]

In 2018, Unlimited began adding a 1% “Living Wage Fee” to their customer's bill.^[5]

On July 7, 2019 the firm filed for Chapter 11 bankruptcy protection.^[6]

In September 2019, Landry's, Inc. purchased the firm.^[7]

Further reading

• Web site: Leson . Nancy . Ouchi . Monica Soto . Buyout firm purchases Restaurants Unlimited . The Seattle Times . March 28, 2007 . July 6, 2016.

External links

• Restaurants Unlimited Inc

Notes and References

1. Web site: Restaurants Unlimited of Seattle is sold to Florida investment firm . Richman . Dan . March 28, 2007 . . August 30, 2019.
2. Web site: Restaurants Unlimited . July 28, 2015.
3. Web site: Restaurants Unlimited files for Chapter 11 bankruptcy . Thorn . Bret . July 8, 2019 . . August 30, 2019.
4. Restaurants Unlimited, Inc. Names Jim Eschweiler as New President and CEO. August 30, 2019. Cision. July 17, 2015.
5. Web site: Local Minnesota Restaurant Adding 'Equity' Charge to Customer's Bills. 25 June 2021.
6. Web site: Case 19-11509-LSS Doc 17 Filed 07/07/19 . July 7, 2019 . csbankruptcyblog.com . August 30, 2019.
7. Web site: Landry's wins bid to buy Seattle-based restaurant co. out of bankruptcy. Campbell . Megan . September 25, 2019 . . September 27, 2019.