Deal marks Landry's third restaurant purchase this year
Landry’s Inc. said Monday it had acquired the 32-unit Bubba Gump Shrimp Co. casual-dining chain, fresh off the restaurant and gaming company's purchase of Claim Jumper last week. Terms of the deal for San Clemente, Calif.-based Bubba Gump Shrimp Co. were not disclosed. Landry’s said Bubba Gump Shrimp Co. Restaurants Inc. generated about $200 million in sales in 2009 and averaged annual domestic revenues of $7.2 million per unit. “The business model of Bubba Gump Shrimp ...
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Contact: Desiree Torres Desiree.Torres@penton.com