Restaurant & QSR Expansion Report

Purchased for Growth

In early July, Tampa, Florida-based private equity firm Third Lake Capital acquired the Ker’s WingHouse chain of sports-themed bars/restaurants in Florida, according to reports in the Tampa Bay Times. Ker’s WingHouse is a chain of 24 franchised restaurants that was introduced in 1994 by former NFL player and all-American offensive lineman Crawford Ker. The management, including Ker as CEO, will remain in place as plans are underway for aggressive expansion of the chain.


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CATEGORY:   Full Service, Casual & Sports Bar

Chain Name:  Ker’s WingHouse Bar & Grill

Company Name:  Ker Inc.

Street Address:  7491 Ulmerton Rd., Suite B, Largo, Florida  33771

Tel:   727/535-2939                     Fax: 727/535-2827

Email:   info@winghouse.com  & realestate@winghouse.com   Website:  www.winghouse.com

Menu Specialty:  Chicken wings, Chicken Fingers, Tacos, Burgers, Sandwiches, Wraps, Soups, Salads, entrees, etc.

Introduced:  1994

No. of Locations:  24 restaurants in Florida

Areas of Operation:  Florida

Types of Location:  Freestanding, High profile End Caps

BusinessType (corp., franchise, jv):  Franchise

Size Req’d:  4800 to 7500 Sq. Ft. on 1.3 to 2 acres

Special Requirements (patio, drive-thru, etc):  Minimum seating for 150, patio,  90,000 people within three miles and 25 percent in the 25 to 44 year category, Median household income of $50,000 within three miles,

Contact Name:  Crawford Ker- Founder, CEO

REAL ESTATE REPRESENTATIVES:

FRANCHISE REPRESENTATIVES:

PARENT COMPANY:  Third Lake Capital , 100 North Tampa St., Suite 400, Tampa, Florida 33602  Kenneth P. Jones – President, CEO (813/515-4558)

Related Chains: 

Last Report:    Restaurant & QSR Expansion Report #120   Last Update:

NOTES, NAMES & NUMBERS:

 

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