This is part of the Nation’s Restaurant News annual Top 200 report, a proprietary ranking of the foodservice industry’s largest restaurant chains and parent companies.
What is it? Eddie V’s is described by operator Darden Restaurants Inc. as a contemporary fine-dining restaurant and oyster bar concept that targets major metropolitan areas, features live music in the lounge and adapts menus and wine lists to reflect regional tastes and pricing practices. It is Darden’s leading luxury brand, by guest spend, as Eddie V’s patrons, on average, dropped $98 each during the year ended in May, compared with the average $82 personal tab at larger sister concept The Capital Grille.
Growth drivers: Darden is betting that Eddie V’s unique-to-each-location decor, personal service and attention to details, such as in-house preparation of tortillas for lobster tacos, will resonate with higher-income social and business diners. It recently converted two Wildfish Seafood Grille restaurants to Eddie V’s locations, while continuing other new-store development initiatives.
Price point: From $3 for a single oyster to $89 for two South African lobster tails; per-person average is $98.
Headquarters: Orlando, Fla.
The figures shown in the graphic above reflect Top 200 data for the Latest Year, with a fiscal year-end of May 2018.
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