Who is PF Chang’s owned by?

P. F. Chang’s
Type Private
Key people Ariel Helwani CEO of P.F. Chang’s China Bistro, Inc. Brian Campbell CFO of P.F. Chang’s China Bistro, Inc.
Products American Asian cuisine
Owner TriArtisan Capital Advisors, Paulson & Co
Website pfchangs.com

Did PF Chang’s change ownership?

Chinese restaurant chain P.F. Chang’s China Bistro Inc., burdened with a heavy debt load and fierce industry competition, entered an agreement to be sold to TriArtisan Capital Partners LLC and Paulson & Co. Inc., according to a private notice sent to investors and seen by Bloomberg News.

Is Panda Express owned by PF Changs?

P.F. Chang’s China Bistro chain of restaurants, which has a highly valued publicly traded stock on Nasdaq, is launching a chain of cook-to-order fast-service Chinese restaurants named Pei Wei. … Panda Restaurant Group also owns five Panda Inn traditional restaurants and nine Hibachi-San Japanese fast-food outlets.

Did TGI Friday’s buy PF Changs?

It was part of a group that acquired the TGI Friday’s restaurant chain in 2014. In summer 2018, the board of managers of Wok Parent LLC, the parent company of P.F. … Centerbridge had purchased P.F. Chang’s in 2012 for $1.1 billion.

Who owns PF Changs and Cheesecake Factory?

Centerbridge Partners L.P.
The Scottsdale, Ariz. -based casual-dining chain has been owned by New York-based private-equity firm Centerbridge Partners L.P. since 2012, when it took P.F. Chang’s and its sibling fast-casual Pei Wei Asian Kitchen brand private in a deal estimated at $1.1 billion.

Who is CEO of PF Changs?

Damola Adamolekun
Damola Adamolekun became CEO of P.F. Chang’s in June 2020 at the height of the pandemic shutdown, after serving on the board as a partner with Paulsen & Co., which acquired the casual-dining chain in February 2019 with TriArtisan Capital Advisors.

How much is a PF Changs franchise?

The franchise fee is a fair $40k and the term of the franchise is 20 years, but the minimum net worth is $1 million per unit. There’s also a high end initial estimate investment of $2.6 million to get just one location off the ground, but it is a proven business model that invites success.

Is PF Chang publicly traded?

P.F. Chang’s has traded on the public markets before. Chang’s went public in 1998 and was on the NASDAQ market for 14 years. Private-equity firm Centerbridge Partners LP took the company private in 2012 in a deal valued at about $1.1 billion and sold it to TriArtissan Capital Advisors in March 2019.

How much did PF Changs sell for?

Chang’s to be sold for $700 million in coming months. PHOENIX — Scottsdale-based P.F. Chang’s China Bistro Inc. has agreed to be sold this year amid heavy debt issues, according to a report by Bloomberg News.

Is Cheesecake Factory a franchise?

Thank you for your interest in The Cheesecake Factory Incorporated. Our full-service restaurants in the United States and Canada are Company-owned and operated. We currently do not franchise or joint venture domestically and have no plans to do so in the future.

How many PF Changs are there?

Today, P.F. Chang’s has 210+ U.S. restaurants, including airport locations, plus over 95 restaurants in more than 25 countries across the globe.

What does PF stand for in PF Changs?

Ever wondered what our name stands for? It’s actually a combination of our two co-founders’ names. P.F. = Paul Fleming, Chang’s = Philip Chiang.

How much cost chick fil a franchise?

Opening a Chick-fil-A franchise costs between $342,990 and $1,982,225, including a $10,000 franchise fee, but unlike most other franchisors, Chick-fil-A covers all opening expenses, meaning franchisees are on the hook only for that $10,000.

How much does it cost to buy a McDonald’s franchise?

McDonald’s franchisee applicants must have a minimum of $500,000 available in liquid assets and pay a $45,000 franchise fee. Those looking to launch a new McDonald’s franchise can expect to shell out between $1,314,500 and $2,306,500. Existing franchise prices can cost upwards of $1 million or more.

What chain owns Cheesecake Factory?

The company operates 220 full-service restaurants: 206 under The Cheesecake Factory brand, 13 under the Grand Lux Cafe brand, and one under the RockSugar Southeast Asian Kitchen brand.
…
The Cheesecake Factory.
Type Public
Founder David Overton
Headquarters Calabasas, California , U.S.
Number of locations 308 (2021)

Why is it only cost $10 K to own a Chick-fil-A franchise?

The reason for this? Unlike other franchise models, Chick-fil-A — not the franchisee — covers nearly the entire cost of opening each new restaurant (which, according to its financial disclosures, runs from $343k to $2m). The franchisee only pays the $10k franchise fee.

How much does a Chick-fil-A owner make a year?

According to the franchise information group, Franchise City, a Chick-fil-A operator today can expect to earn an average of around $200,000 a year.

How much does a Taco Bell franchise cost?

$1,500,000: Your minimum net worth in order to open a franchise. $45,000: The fee you must pay to Taco Bell to own a franchise. $1,200,000: The average start up and construction costs to build a new Taco Bell. Could be as high as $2.5 million.