After its acquisition by private equity firm The Walnut Group in late 2006, Stir Crazy is powered by some heavy hitters: chairman Frederic Mayerson was a cofounder of Chi Chi's Mexican Restaurants, CEO Michael Strauss created Harry's Pacific Grill and president and COO Greg Carey is a former COO of P.F. Chang's China Bistro. That last credential is particularly relevant for Stir Crazy, a full-service casual concept that features Chinese, Thai, Vietnamese and Japanese food with a focus on fresh, quality ingredients and bold flavors. Six units are scheduled to open this year.
Location | Chicago, Ill. |
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2007 Systemwide Sales ($000) | $36,000,000* |
YOY Sales Change | 20.0% |
2007 U.S. Units | 11 |
YOY Unit Change | 22.2% |
2007 Average Unit Volume ($000) | $3,600,000 |
Future 50 Year | 2008 |
*Technomic estimate
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