Chuy's

Last updated

Chuy's Holdings, Inc.
Company type Subsidiary
Industry Restaurant
Founded1982;42 years ago (1982)
FoundersMike Young
John Zapp
Headquarters,
United States
Number of locations
100 [1]  (2023)
Area served
United States
Key people
Steve Hislop (CEO)
RevenueIncrease2.svgUS$422 million [2]  (2022)
Number of employees
7,400 [2]  (2022)
Parent Darden Restaurants
Website chuys.com

Chuy's Holdings, Inc. is an American Tex-Mex restaurant chain founded in 1982 in Austin, Texas, by Mike Young and John Zapp. [3] As of July 2024, Chuy's had 101 restaurants across 15 states in Arkansas, Louisiana, Colorado, Texas, Virginia, Florida, Ohio, Indiana, Tennessee, Georgia, Alabama, Kentucky, Oklahoma, North Carolina, and South Carolina. [4]

Contents

History

The first Chuy's location opened in 1982 on Barton Springs Road in Austin, Texas. [5]

On May 31, 2001, then President George W. Bush's twin daughters, Jenna Bush and Barbara Bush, were cited for using fake IDs at the Barton Springs Road Chuy's, [6] [7] which put Chuy's in the national spotlight. [8] [9] [10] [11]

In 2009, Chuy's opened its first restaurant outside of Texas, in Franklin, Tennessee. [5]

On July 24, 2012, Chuy's went public with a $75.8 million dollar IPO. [12] At that time they operated 36 locations in 7 states.

Cofounder Mike Young died on August 11, 2023, at the age of 74. [5]

In July 2024, Darden Restaurants agreed to acquire Chuy's in an all-cash deal valued at $605 million. [13] The acquisition was completed on October 11, 2024. [14]

Chuy's serves Tex-Mex cuisine, such as enchiladas, fajitas, tacos, and burritos as well as alcoholic cocktails. The food is prepared in each restaurant. [15]

Charitable contributions

Chuy’s Children Giving to Children Parade has annually collected toys to be distributed to underprivileged children via the Operation Blue Santa's city of Austin Police Department not-for-profit organization since 1988. [16]

See also

Related Research Articles

<span class="mw-page-title-main">Tex-Mex</span> Cuisine in the Southwestern United States and Northern Mexico

Tex-Mex cuisine is a regional American cuisine that originates from the culinary creations of Tejano people. It has spread from border states such as Texas and others in the Southwestern United States to the rest of the country. It is a subtype of Southwestern cuisine found in the American Southwest.

<span class="mw-page-title-main">Fajita</span> Mexican dish

A fajita, in Tex-Mex cuisine, is any stripped grilled meat, optionally served with stripped peppers and onions usually served on a flour or corn tortilla. The term originally referred to skirt steak, the cut of beef first used in the dish. Popular alternatives to skirt steak include chicken and other cuts of beef, as well as vegetables instead of meat. In restaurants, the meat is usually cooked with onions and bell peppers. Popular condiments include shredded lettuce, sour cream, guacamole, salsa, pico de gallo, shredded cheese, refried beans, and diced tomatoes. "Tacos de arrachera" is applied to the northern Mexican variant of the dish.

<span class="mw-page-title-main">Ninfa's</span> Mexican restaurant in Houston, Texas

The Original Ninfa's on Navigation is a popular Mexican restaurant located at 2704 Navigation Boulevard in Houston, Texas. The restaurant serves both Tex-Mex and Mexican cuisine. The Original Ninfa's was started by Ninfa Rodríguez Laurenzo, a Mexican-American woman, in a tortilla factory. Ninfa Laurenzo became a full-time restaurateur and the tortilla factory closed. Mama Ninfa is widely credited with popularizing the fajita among Houstonians.

Darden Restaurants, Inc. is an American multi-brand restaurant operator headquartered in Orlando, Florida. Darden has more than 1,800 restaurant locations and more than 175,000 employees, making it the world's largest full-service restaurant company. The company began as an extension of Red Lobster, founded by William Darden and initially backed by General Mills. Red Lobster was later sold in July 2014.

<span class="mw-page-title-main">Baja Fresh</span> American Tex-Mex restaurant chain

Baja Fresh is an American chain of fast-casual Tex Mex restaurants founded in Newbury Park, California, in 1990 and headquartered in Scottsdale, Arizona. It is owned by Canadian franchisor MTY Food Group. The chain emphasizes fresh ingredients, each restaurant featuring a self-serve salsa bar.

<span class="mw-page-title-main">Taco Bueno</span> U.S.-based fast-food restaurant chain

Taco Management LLC, doing business as Taco Bueno, is a U.S.-based, quick service restaurant chain specializing in Tex-Mex-style cuisine. The company is headquartered in Farmers Branch, Texas, in the Dallas–Fort Worth metropolitan area. Its first location opened in Abilene, Texas in 1967. The food chain has locations in Arkansas, Oklahoma, and Texas.

<span class="mw-page-title-main">KEYE-TV</span> CBS/Telemundo affiliate in Austin, Texas

KEYE-TV is a television station in Austin, Texas, United States, affiliated with CBS and Telemundo. Owned by Sinclair Broadcast Group, the station maintains studios on Metric Boulevard in North Austin and a transmitter on Waymaker Way on the city's west side.

<span class="mw-page-title-main">Kirk Watson</span> American politician

Kirk Preston Watson is an American attorney and politician who has served as the 59th mayor of Austin since 2023, previously holding the office as the 54th mayor from 1997 to 2001. A member of the Democratic Party, he ran unsuccessfully for Texas attorney general in the 2002 election, where he was defeated by Republican Greg Abbott, later governor of Texas. In 2006, Watson was elected to the Texas Senate from District 14.

Joe "King" Carrasco is a Tex-Mex new wave guitarist, vocalist and songwriter currently based in Puerto Vallarta, Mexico.

<span class="mw-page-title-main">Jenna Bush Hager</span> American journalist, author, and television personality

Jenna Welch Bush Hager is an American news personality, author, and journalist. She is the co-host of Today with Hoda & Jenna, the fourth hour of NBC's morning news program, Today. Hager and her fraternal twin sister, Barbara, are the daughters of the 43rd U.S. President, George W. Bush, and former First Lady Laura Bush. Hager is also a granddaughter of the 41st U.S. President George H. W. Bush and former First Lady Barbara Bush, great-granddaughter of former U.S. Senator Prescott Bush, niece of former Florida Governor Jeb Bush and first cousin of former Land Commissioner of Texas, George P. Bush.

<span class="mw-page-title-main">Ninfa Laurenzo</span> Texas restaurateur

Maria Ninfa Rodriguez Laurenzo, born with the family name Rodriguez, was an American restaurateur from Houston, Texas, who founded the restaurant Ninfa's. Laurenzo started out running a single taco stand in Houston, Texas.

<span class="mw-page-title-main">Tex-Mex cuisine in Houston</span>

Tex-Mex cuisine is very popular in Houston. Many Mexican cuisine restaurants in Houston have aspects that originate from Texas culture. Katharine Shilcutt of the Houston Press said in 2012 that "Tex-Mex has been a vital part of our city for more than 100 years" and that it "never waned in that century." She added that "[t]he cultural significance of Tex-Mex as a vital touchstone between generations and an expression of our roots cannot be denied."

<span class="mw-page-title-main">Texan cuisine</span> Food and drinks from Texas

Texan cuisine is the food associated with the Southern U.S. state of Texas, including its native Southwestern cuisine–influenced Tex-Mex foods. Texas is a large state, and its cuisine has been influenced by a wide range of cultures, including Tejano/Mexican, Native American, Creole/Cajun, African-American, German, Czech, Southern and other European American groups. The cuisine of neighboring states also influences Texan cuisine, such as New Mexican cuisine and Louisiana Creole cuisine. This can be seen in the widespread usage of New Mexico chiles, Cayenne peppers, and Tabasco sauce in Texan cooking.

<span class="mw-page-title-main">Molina's Cantina</span> Restaurant chain in Houston, Texas

Molina's Cantina is a Tex-Mex restaurant chain in Houston, Texas. As of 2022, Molina's is the oldest still-operating Tex-Mex restaurant in Houston.

<span class="mw-page-title-main">Robb Walsh</span>

Robb Walsh is an American food writer, cookbook author, and restaurant owner who divides his time between Galway Bay, Ireland, and Galveston, Texas. He is a former commentator on National Public Radio's Weekend Edition, Sunday; former restaurant critic at the Houston Press ; former editor-in-chief of Chile Pepper Magazine ; former food columnist for Natural History magazine, and three-time winner of the James Beard Award. He currently writes about food for magazines such as Houstonia and Texas Highways, and websites such as First We Feast. He was a partner and co-founder of the former El Real Tex-Mex Cafe in Houston's Montrose neighborhood.

<span class="mw-page-title-main">Antone's Famous Po' Boys</span> Restaurant in Texas, United States

Antone's Famous Po' Boys, formerly Antone's Import Company, is a sandwich shop chain based in Houston, Texas. Established by Jalal Antone, an American of Lebanese and Syrian descent, it grew to having fifteen locations and having products distributed throughout the Southern United States, but was beset by ownership disputes within the surviving family in the 1990s. Legacy Restaurants now owns the trademark and operates all restaurants with the name. From circa the 1990s until 2018 several shops franchising the Antone's name were operated as the Original Antone's Import Company.

<span class="mw-page-title-main">Shady Grove (restaurant)</span> Defunct restaurant in Austin, Texas, U.S.

Shady Grove was a restaurant in Austin, Texas, in the United States. The restaurant closed in 2020, during the COVID-19 pandemic, after operating for 28 years.

<i>Get a Life</i> (Doug Sahm album) 1998 studio album by Doug Sahm

Get a Life is a 1998 album by Doug Sahm released by the Dutch label Munich Records. The tracks were recorded in Austin and San Marcos, Texas, Seattle, Washington and Los Angeles, California. The producers of the tracks included Sahm, Mike Stewart, Billy Stull and Bob Flick. Sahm wrote the liner notes for the album. The recordings featured The Gourds, as well as Augie Meyers. Sahm met The Gourds as he performed at a music festival in Belgium in 1997. Sahm approached the band after he heard them sing a cover of his original "At the Crossroads".

Mi Cocina is a Tex-Mex restaurant.

References

  1. "Form 10-Q" (PDF). U.S. Securities and Exchange Commission. September 24, 2023. Retrieved January 1, 2024.
  2. 1 2 "Form 10-K" (PDF). U.S. Securities and Exchange Commission. December 25, 2022. Retrieved January 1, 2024.
  3. "Our Story". chuys.com. Retrieved December 22, 2019.
  4. "Darden Restaurants to Acquire Chuy's Holdings, Inc. in Approximately $605 Million Transaction". Chuy's Holdings, Inc. July 17, 2024. Retrieved July 18, 2024.
  5. 1 2 3 "Mike Young, co-founder of Chuy's, has died". KXAN Austin. August 12, 2023. Retrieved August 14, 2023.
  6. "President Bush's daughters using fake ID at Chuy's (pt 1)". Austin American-Statesman. June 1, 2001. p. 13. Retrieved August 14, 2023.
  7. "President Bush's daughters using fake ID at Chuy's (pt 2)". Austin American-Statesman. June 1, 2001. p. 39. Retrieved August 14, 2023.
  8. Ellison, Michael (May 31, 2001). "Fake ID lands Bush daughter in trouble with law - again". The Guardian. ISSN   0261-3077 . Retrieved August 14, 2023.
  9. "EATERY SORRY IT DROPPED DIME ON BUSH TWINS". June 6, 2001. Retrieved August 14, 2023.
  10. Kurtz, Howard (May 31, 2001). "Bush Daughters Grab the Spotlight". Washington Post. ISSN   0190-8286 . Retrieved August 14, 2023.
  11. "Bush daughter used borrowed ID in new alcohol incident, police say - May 30, 2001". www.cnn.com. Retrieved August 14, 2023.
  12. "Chuy's 2012 IPO". Austin American-Statesman. July 25, 2012. pp. B7. Retrieved August 14, 2023.
  13. DURBIN, DEE-ANN. "Darden Restaurants buys Tex-Mex chain Chuy's for $605 million". ABC News. Retrieved July 18, 2024.
  14. https://www.kvue.com/article/news/local/austin-texas-chuys-mexican-restaurant-sale-official-relocating-orlando-florida/269-8e6d2735-e49c-4eba-b94e-6206ac7ac88c
  15. Williams, JaNae. "Chuy's opens first Oklahoma City location with a 'Boom-boom'". The Oklahoman. Retrieved July 18, 2024.
  16. Garcia, Evelin (November 23, 2018). "Chuy's Children Giving to Children Parade Returns This Weekend". The Austin Chronicle . Retrieved January 23, 2020.