Lone Star Steakhouse & Saloon, Inc.
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Lone Star Steakhouse & Saloon, Inc. - overview
Established
1989
Location
Plano, TX, US
Primary Industry
Travel & Leisure
About
Lone Star Steakhouse & Saloon, Inc. is a dining establishment specializing in providing quality steak and casual dining experiences in a relaxed atmosphere, focusing on hearty American cuisine. Lone Star Steakhouse & Saloon, Inc. operates as a restaurant chain that offers a variety of steak and casual dining options.
Founded in 1989 in Plano, US, the company was acquired by Day Star Restaurant Group in December 2013, although financial details were not disclosed. The current CEO is Samina Khattak, who has been instrumental in guiding the company through its business strategies. The firm has engaged in a total of 2 deals, with the most recent deal occurring on January 7, 2014. Lone Star Steakhouse & Saloon, Inc.
specializes in a diverse menu centered around steaks and other American cuisine. The restaurant is known for its signature dishes which cater to a wide range of dining preferences, providing customers with a casual yet enjoyable dining experience. The company targets families and individuals looking for hearty meals in a welcoming environment, ensuring a broad appeal across various consumer demographics. In the most recent year, Lone Star Steakhouse & Saloon, Inc.
reported a revenue of USD 669. 36 mn and an EBITDA of USD 52. 84 mn, reflecting its operational performance in the dining sector. Looking ahead, Lone Star Steakhouse & Saloon, Inc.
aims to introduce new menu items and enhancements to its dining experience. The company is also exploring opportunities for expansion into new geographic regions, although specific locations and timelines for these initiatives have not been detailed. The recent acquisition by Day Star Restaurant Group in December 2013 is expected to support these growth strategies, leveraging the financial backing to develop new products and enhance operational efficiency.
Primary Industry
Travel & Leisure
Sub Industries
Food, Restaurants & Nightlife
Website
www.lonestarsteakhouse.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Lone Star Steakhouse & Saloon, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Lone Star Steakhouse & Saloon, Inc. | - | ||||||||
| Buyout | Completed | Del Frisco’s Restaurant Group, Inc. | - | ||||||||
| Public to Private | Completed | Lone Star Steakhouse & Saloon, Inc. | - |
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