Smokey Bones Explained

Barbeque Integrated Inc.
Trade Name:Smokey Bones Bar & Fire Grill
Type:Subsidiary
Industry:Restaurant
Genre:Casual dining
Foundation: in Orlando, Florida
Location:Beverly Hills, California, U.S.
Locations:61 (2023)
Area Served:United States
Key People:Ken Kuick (Co-CEO)
Rob Rosen (Co-CEO)
Thayer D. Wiederhorn (COO)
Num Employees:3,700 (2015)[1]
Parent:Darden Restaurants
(1999–2007)
Sun Capital Partners
(2007-2023)
FAT Brands
(2023-Present)
Footnotes:[2]

Barbeque Integrated Inc. (or simply Smokey Bones and doing business as Smokey Bones Bar and Fire Grill) is an American casual dining restaurant chain owned by FAT Brands. Its franchise headquarters are in Beverly Hills, California. As of April 2023, Smokey Bones has 62 restaurants[3] in 16 Eastern states.[1] Under its previous owner, Smokey Bones had as many as 128 restaurants across most of the United States before it shrank to its current core area.

History

In August 1999, Darden Restaurants, Inc. opened the first Smokey Bones restaurant in Orlando, Florida, at the site previously occupied by Red Lobster and close to Darden's headquarters.[4] [5] By June 2001, Darden had opened 8 additional Smokey Bones BBQ Sports Bar restaurants in Florida, the Midwest and Northeast.[6]

On May 5, 2007, it was announced that Darden Restaurants was closing 56 Smokey Bones restaurants and planning to sell the remaining 73 in its struggling chain.[7] The closings occurred in 22 states, primarily across the southwest and north-central United States.[8]

In December 2007, Darden sold Smokey Bones to Barbeque Integrated Inc., a subsidiary of Sun Capital, for approximately $80 million.[9]

On August 4, 2015, Ryan Esko was named CEO of Smokey Bones.[1] Esko was replaced by James O’Reilly in 2019.

On September 25, 2023, FAT Brands acquired Barbeque Integrated Inc. from Sun Capital Partners for $30 million.[10]

See also

External links

Notes and References

  1. Smokey Bones Names Ryan Esko as CEO. PR Newswire. August 4, 2015. August 5, 2015.
  2. Web site: Sun Capital Partners, Inc. Smokey Bones Bar & Fire Grill. Sun Capital Partners. August 5, 2015.
  3. Web site: Cobe . Patricia . Smokey Bones turns brunch into an all-day event on Sundays . Restaurant Business . Apr 6, 2023 . 2023-04-21.
  4. News: Darden Cooks Up Barbecue . . July 23, 1999 . Jerry . Jackson.
  5. News: 2 New Area Restaurants Open Doors In Wildly Different Style . . September 13, 1999 . Jerry . Jackson.
  6. Darden Restaurants Announces National Expansion Of Smokey Bones BBQ Sports Bar . June 21, 2001.
  7. News: Darden Restaurants Sees Charge On Sale, Closure of Smokey Bones . . May 6, 2007 . .
  8. News: Darden restaurants to close, sell Smokey Bones locations . . May 6, 2007 . .
  9. News: Darden to sell Smokey Bones restaurant to Barbeque for $80 mln . . December 4, 2007 . .
  10. Web site: FAT Brands Announces Acquisition of Smokey Bones Barbecue Chain.