Restaurant & QSR Expansion Report

Partners Buy Macaroni Grill……

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.


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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:

NOTES, NAMES & NUMBERS:

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