The first Keg Steakhouse & Bar opened in 1971 in Vancouver, British Columbia, by entrepreneur George Tidball, and the chain has grown slowly and steadily ever since. Now the restaurants number 97, of which 17 are in the United States. However, the company plans to focus growth on this side of the border, where steak, once bedeviled, is now very much back in vogue.
|2006 Systemwide Sales ($000)||$40,000,000|
|YOY Sales Change||23.1%|
|2006 U.S. Units||17|
|YOY Unit Change||21.4%|
|2006 Average Unit Volume ($000)||$2,500,000|
|Future 50 Year||2007|
For more insights from Technomic as well as Technomic’s analysis, growth forecast and more: