5 posts categorized "Restaurants - Northeast Tarrant County"

10/30/2012

Southlake's Bonefish Grill looking for employees

Bonefish Grill is looking to hire about 100 Southlake-area residents for its new restaurant that will open Dec. 3 at 1201 E. Southlake Blvd.

Positions include angler, host and kitchen staff. Applications are available online at www.bonefishgrill.com or www.Bloominbrandscareers.com/Bonefish and enter the store number 60904.

_ Star-Telegram 

 

07/31/2012

Gourmet hamburger maker Twisted Root plans Bedford location

Twisted Root Burger Co. has bought the vacant property at the southeast corner of Central Drive and Harwood Road in Bedford and plans to open a restaurant in February.

It will be the company’s eighth Dallas-Fort Worth location. Twisted Root, which offers burgers made from scratch, has locations in Dallas, Richardson, Roanoke, Fairview, Plano and Arlington.

"We opened our first Twisted Root location just six years ago, and I’ve been thrilled at how the DFW community has embraced our better burger concept," said owner Jason Boso, in a statement. "By expanding to Bedford, we’ll be sharing our chef driven menu and fun, casual atmosphere with lots of new customers, and I’m confident they’ll like our burgers as much as we do."

The location is in front of Bedford Meadows shopping center. Its new owner, Legacy Alliance Holdings, has been working with the city to redevelop the corner and shopping center. The center added six new leases this year.

Legacy Alliance, based in Addison, bought the 59,909-square-foot shopping center in 2011. At the time, the center was 40 percent leased.

Roger Smeltzer with Vision Commercial negotiated the sale. Carter Wilson with Cambridge Companies represented Twisted Root.

_ Sandra Baker

07/17/2012

Del Frisco's sets IPO price at $14 to $16

Southlake-based Del Frisco's Restaurant Group, which in January said it plans to go public, on Tuesday filed disclosures showing it hopes to issue up to 8.05 million shares at $14 to $16 each. The company will sell 4.33 million of the shares, raising an estimated $57.2 million after expenses, while its largest shareholder, Lone Star Fund, plans to sell at least 2.67 million shares, or up to 3.7 million shares if the demand exists. (Lone Star bought a predecessor corporation in 2006.) An issue date has not been announced, but the shares will trade under the ticker DFRG on the Nasdaq. Del Frisco's said it will use $50 million to pay down outstanding debt.

According to its filing with the Securities and Exchange Commission, Del Frisco's last year reported $9 million in net income on $201.6 million in sales. That compared to $8.7 million in earnings on $165.6 million in revenues in 2010. It operates 32 restaurants in 18 states under three names: Del Frisco's Double Eagle Steak House, Sullivan's Steakhouse, and Del Frisco's Grille.

-- Jim Fuquay

01/24/2012

Del Frisco's seeking to raise $100 million, sees opportunities to add restaurants

Del Frisco's Restaurant Group, LLC, filed to go public today, saying it expects to raise up to $100 million.

The company, based in Southlake, said it will use the proceeds to repay debt, sever a management agreement with an affiliate of its controlling shareholder, and for working capital and other general uses.

Del Frisco's said it has not yet been deternined how many shares will be offered, how many shares may be sold by the equityholder Lone Star Fund, or what the price range will be.

Del Frisco's said it currently operates 31 restaurants in 18 states under the Del Frisco's Double Eagle Steak House, Del Frisco's Grille, and Sullivan's Steakhouse names. The company recorded revenues of $186.4 million for the four quarters that ended Sept. 6, and had 3,227 employees as of that date.

The company said it sees opportunities to add three to five restaurants annually, including one Double Eagle Steak House and two to four of the other restaurants.

"Our operating model has proven successful across a wide variety of geographic and demographic markets since our establishment more than 30 years ago," the company said in a federal filing.

- Scott Nishimura

 

09/01/2011

Jersey Mike's opening more North Texas restaurants

Jersey Mike's Subs has been opening more stores in the Fort Worth area.

The company opened a new store this week outside North East Mall in Hurst, and in August on Camp Bowie Boulevard in west Fort Worth.

On Sept. 7, Jersey Mike's will open a new restaurant in Denton, at 1800 S. Loop 288. The restaurant will hold a "free sub fundraiser" Sept. 7-Sept. 11 for the Susan G. Komen Race for the Cure 

Jersey Mike's stores have been running a six-month fundraiser for the Race for the Cure.

- Scott Nishimura

 

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