Chuy's

Last updated

Chuy's Holdings, Inc.
Company type Subsidiary
Industry Restaurant
Founded1982;43 years ago (1982)
FoundersMike Young
John Zapp
Headquarters
Austin, Texas
,
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

Chuy's was founded by Mike Young and John Zapp, and 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] A second outside of Texas opened in March 2010 in Murfreesboro, Tennessee, followed that summer by locations in Birmingham, Alabama and Louisville, Kentucky. 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.

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. [15]

See also

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. ↑ "Chuy's to relocate headquarters after sale to Orlando-based restaurant operator becomes official". October 13, 2024.
  15. ↑ Garcia, Evelin (November 23, 2018). "Chuy's Children Giving to Children Parade Returns This Weekend". The Austin Chronicle . Retrieved January 23, 2020.


This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.