It’s only January 15th, and already six major restaurant expansions or acquisitions have occurred in DFW! It’s an exciting time in the restaurant industry. Here are the details:
First, Day Star Restaurant Group acquired Texas Land & Cattle and the Lone Star Steakhouse chains. Click here for more on that story. Texas Land & Cattle has long been a Texas staple, and this move ushers in great potential.
Next, Denton is getting its first Cafe Brazil. Known for great coffee and breakfast, this is quite a boon for Denton and the University of North Texas late night studiers! Click here for those details.
Also, Fort Worth just opened AF+B and Velvet Taco. Click here and here for those stories respectively.
Finally, the Fork In The Road is expanding to Arlington, and 3 Stacks in Frisco is undergoing a $500,000 renovation according to these stories: Fork Expansion and 3 Stacks.
The expansion of these restaurants mimics what we at TexasRestaurantLaw.com are also experiencing both in the restaurant sector and in other sectors. The end of 2013 saw tremendous growth, which unlike in other years, was not driven by tax or end of year issues.
Given these facts, it appears that 2014 will be another year to celebrate in the Texas restaurant industry!