IBJNews

  • Home

Buffalo Wild Wings franchisee sells 16 area restaurants

IBJ Staff
September 21, 2011
Keywords
Franchises, Real Estate & Retail, Restaurants, Retail
Back to TopCommentsE-mailPrint

A large, local franchisee of Buffalo Wild Wings Grill & Bar has sold its 16 restaurants in central Indiana to a group led by the former president of the Papa John’s pizza chain.

The Indianapolis-based Franchisee Group sold the restaurants for an undisclosed amount to Greenwich, Conn.-based Consolidated Wings Investment LLC.

Periculum Capital Co. LLC in Indianapolis, which brokered the sale for the Franchisee Group, announced the transaction Tuesday afternoon.

Consolidated Wings is led by Dan Holland, the former president of Louisville-based Papa Johns International Inc., and Bill Ogden, the founder and managing director of Granite Capital Partners LLC in Greenwich.

Peter Watson founded the Franchisee Group in 1996 with the opening of a Buffalo Wild Wings restaurant in Lafayette. He grew the company to include 16 restaurants with overall annual revenue of $36 million.

Founded in 1982, Buffalo Wilds Wings is headquartered in Minneapolis. It has 780 locations in 45 states.

Holland was president at Papa John's from 1989 to 1995 and led the company while it grew from 23 units to more than 900.

Consolidated Wings reported to the Securities and Exchange Commission in August that it had raised $7 million in a private offering.
 


ADVERTISEMENT
  • Thank God
    ScottOctober 13, 2011 5:19 PM
    Hopefully this includes the franchises in Castleton and Lawrence. Those 2 businesses have to be the worst managed establishments I've ever been in. The staff is always clueless and there is obviosly no training whatsoever. Always short-staffed. If their wings weren't soo good, and beer so cheap I'd never go...and even with that, I've begun avoiding those stores.
    Reply to CommentFlag Comment

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

ADVANCED SEARCH
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ

  1. Lauren: I reported BJ's plans based on their filing for construction permits. Of course, it's possible the plans fell through. Will update if I can find out more.

  2. This weekend the Indianapolis School of Ballet performed Russian Treasures at the Scottish Rite Cathedral Theater for huge, enthusiastic crowds. This group of young people, returning students and young guest artists did fantastic performances of Balanchine's Valse-Fantaisie, Swan Lake Act II, Raymonda Act III and Allegro Vivace. I was blown away by the professionalism and energy of this school, which is on the caliber with most professional companies. If you're looking for great dancing and production value, this downtown venue is worth seeing and supporting.

  3. Are they indeed going up there? I was told by BJ's directly they had no new stores planned in the area...

  4. The article mentions that Indiana casinos are losing revenue to Ohio and Illinois casinos, but neglects to mention that those regional competitors are smoke-free for worker health.

    In other words, Indiana's smoke-filled casinos are losing revenue to smoke-free competitors - without a local or statewide clean air law in Indiana to blame for it. Meanwhile, Indiana's casino workers, in order to provide for their family in a tough economy, must face the health hazards of secondhand smoke on a daily basis including cancer, heart disease, COPD, and many other preventable diseases, and associated healthcare costs.

    Indiana lawmakers should take a cue from states like Ohio, Illinois, Maryland, and Massachusetts and ensure that casino jobs don't sicken the very people those jobs are intended to help. Even sophisticated casino ventilation systems do not protect people from the serious health hazards of secondhand smoke.

  5. Some bump day, huh? Why were Loyd and Hamilton not allowed to run? Both say they had rides. It must be all part of the Vision. The good news is no traffic and plenty of room to stretch out. It would be nice if someone picked up some trash, there was so much trash in the Paddock Penthouse yesterday it looked like a Hulman George family reunion.

ADVERTISEMENT