In mid-April, Phoenix, Arizona-based Redrock Partners LLC completed the acquisition of Romano’s Macaroni Grill from Ignite Restaurant Group Inc. “Our entire team is excited to begin writing the next chapter of the Mac Grill story,” said John Gilbert, President, CEO of the new entity, which will operate under the name Romano’s Macaroni Grill. He explained that since introducing the fast-casual option in October, the restaurants have been experiencing double-digit traffic increases at lunch. “We added dinner four weeks ago, and we’re already seeing a similar pattern,” he said. Macaroni Grill is an Italian restaurant brand with nearly 150 company-owned locations in 33 states along with 25 franchise locations in the United States and eight other countries. The company generates more than $300-million in U.S. sales and another $40-million through its franchise operations. The restaurants blend Italian traditions with progressive culinary inspiration from all regions of Italy and the U.S. An extensive wine list and the chain’s unique honor wine system finish out the experience in a polished casual atmosphere. Dean Riesen, a Redrock partner and Chairman of the new company added, “We’re eager to start growing this business again, and we think we know how to do it,” adding that he was immediately traveling to the Middle East to meet with Macaroni Grill franchisees. Dick Monfort is the third partner in the acquisition.
CATEGORY: Full Service Casual
Chain Name: Romano’s Macaroni Grill
Company Name: Redrock Partners LLC
Street Address: 9900 Westpark Dr., Suite 300, Houston, Texas 77063
Tel: 713/366-7500 Fax:
Email: [email protected] Website: www.macaronigrill.com
Menu Specialty: Italian menu
Introduced: Founded in 1988 by Phil Romano
No. of Locations: Almost 175 restaurants in about 33 U.S. states & eight countries
Areas of Operation: National, Middle East
Types of Location:
BusinessType (corp., franchise, jv): Corporate, Franchise
Size Req’d:
Special Requirements (patio, drive-thru, etc):
Contact Name: John Gilbert – President, CEO, Partner – Redrock Partners
Dean Riesen – Chairman, Partner – Redrock Partners
Dick Monfort – Partner – Redrock Partners
REAL ESTATE REPRESENTATIVES:
FRANCHISE REPRESENTATIVES:
PARENT COMPANY: Redrock Partners LLC, Phoenix, Arizona
Related Chains:
Last Report: Restaurant & QSR Expansion Report # 134 Last Update:
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