Wisconsin Cheese Adds Value

When you turn cheeseburgers into Wisconsin Cheeseburgers, you’re not just adding extra flavor, you’re adding the prestige of award-winning quality. Quality your customers will pay a premium for.
Click HERE to visit the Wisconsin Cheese Burger page and get the recipe for the Juicy Lucy Sliders with Wisconsin Provolone and Sun-Dried Tomato Pesto shown below!


Visit the Killer Burger Recipe Vault

Want the recipe for the Double Cheese Poutine Burger shown above? Looking for burger recipes from Bobby Flay, Jamie Oliver, Umami Burger or Michael Symon’s B Spot? Visit BurgerBusiness.com’s Killer Burger Recipes vault. _________________

Hot, Fresh Burger News

Add Community News

You have to be logged in in order to post.

Fuddruckers Parent Buying Cheeseburger in Paradise

Luby’s Inc., which purchased burger chain Fuddruckers two years ago, came back for seconds this week, announcing it will acquire the 23-unit Cheeseburger in Paradise chain. Houston based Luby’s will pay $11 million plus “customary reimbursements for cash-on-hand, inventory, and accounts receivable offset by liabilities assumed at closing.” Prior-year revenues for those Cheeseburger in Paradise locations were roughly $50 million.

In 2010, Luby’s paid $63.5 million for the 59 company-owned Fuddruckers (with 129 franchised) plus three Koo Koo Roo California Kitchen units.

Luby’s can be expected to look at opportunities to co-brand Cheeseburger in Paradise with its core Luby’s cafeteria concept, as it has done with Fuddruckers. In August, Luby’s opened a side-by-side Luby’s Cafeteria and Fuddruckers in Pearland, Texas, a suburb of its Houston headquarters city.

Luby’s occupies about 8,500 square feet of the co-branded building, with Fuddruckers taking approximately 2,500 square feet. The dining rooms of the two concepts can each access a 460-square-foot patio.

In a statement, Luby’s President-CEO Chris Pappas said, “Cheeseburger in Paradise will nicely complement our core family-friendly brands, Luby’s Cafeterias and Fuddruckers, with a casual dining restaurant and bar offering. A number of their 23 locations are located in high traffic areas, many near successful malls and tourist attractions. With the addition of Cheeseburger in Paradise, we will further enhance our competiveness and increase the Company’s opportunities for revenue growth in the future.”

In June, Burger King Worldwide completed its complicated $1.4 billion business combination with Justice Holdings (with 3G Capital continuing as majority shareholder). Additionally, there have been several other restaurant-industry mergers/acquisitions this year, including Darden buying Yard House for $585 million; Landry’s acquisitions of both McCormick & Schmick’s ($131.6 million) and Morton’s Restaurant Group ($116 million); and Starbucks’ recent announcement that it will absorb Teavana in a $620 million all-cash deal.

Leave a Reply




You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>