O'Charley's
 |
|
| Subsidiary | |
| Industry | Restaurants |
| Founded | 1971 |
| Founder | Charley Watkins |
| Headquarters | Nashville, Tennessee, United States |
|
Number of locations
|
230+ |
|
Area served
|
Southeast and Midwestern United States |
|
Key people
|
Wm Eddie Hall President |
| Revenue |
 US$830.1 million (2010) |
|
US$-17.3 million (2010) |
|
|
US$-34.9 million (2010) |
|
| Total assets |
US$422.7 million (2010) |
| Total equity |
US$178.2 million (2010) |
| Owner | American Blue Ribbon Holdings |
| Website | www |
O'Charley's is a casual dining restaurants chain in the United States, with more than 200+ company-owned locations. O'Charley's is located in 17 Southern and Midwestern states, including four franchised O'Charley's restaurants in Michigan, four franchised O'Charley's in Ohio, and three joint venture O'Charley's restaurants in Louisiana.
O'Charley's was part of the parent company O'Charley's, Inc. Enterprise, a multi-concept restaurant company that operated or franchised a total of 363 restaurants under three brands: O'Charley's, Ninety Nine Restaurant, and Stoney River Legendary Steaks. In 2012, O'Charley's, Inc. Enterprise was acquired by Fidelity National Financial and became part of American Blue Ribbon Holdings.
Charley Watkins founded O'Charley's restaurant in 1971 with a single restaurant on 21st Avenue South in Nashville, across the street from Vanderbilt University. Watkins ran O'Charley's from 1971 to 1984 when he sold the restaurant to David K. Wachtel. David K. Wachtel spent 23 years working for Shoney's where he eventually became president and chief executive officer of the restaurant company. Wachtel resigned from Shoney's in 1982. Wachtel intended to develop the O'Charley's restaurant into a restaurant chain. In mid-1987, the 12th O'Charley's opened in Lexington, Kentucky, occupying a site formerly used by the Bennigan's chain of restaurants. While the Lexington grand opening was under way, Wachtel was working on plans to convert two more Bennigan's units in Huntsville, Alabama and Nashville, Tennessee into O'Charley's.
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Wikipedia