Fox Restaurant Concepts sold its 20 True Food restaurants — a moderately upscale chain developed with author and health guru … North Italia is one of the concepts that initially sparked the … “As we move forward, we are committed to making the quality of food and service our No. Cool. It had single units of The Arrogant Butcher, Flower Child, The Greene House, The Henry, Little Cleo’s, Modern Burger, The Rocket and Wildflower. The news comes more than a year after the Cheesecake Factory purchased Fox Restaurant Concepts for $353 million. Fox opened the first Sauce Pizza & Wine in 2003. Additionally, the restaurant group plans to open a takeout-only version of fast-casual Flower Child, which serves vegetarian, vegan, and paleo dishes. No minimum purchase necessary. In case you don’t already know, Fox Restaurant Concepts was created by Sam Fox back in 1998. Fresh. Boutique restaurant group with 10 original restaurant concepts & over 50 locations in … A Fox spokeswoman said the company remains intent on creating and growing concepts. Fox Restaurant Concepts has restaurants in 15 states, the majority of which are in Arizona. "With our aligned cultures and philosophies, The Cheesecake Factory is the right partner to embrace our creative spirit, enabling us to innovate concepts, while providing the infrastructure and capital to scale," the statement continues. Must have an account for coupon code to apply. Phoenix-based Fox Restaurant Concepts, whose 14 other concepts include the full-service True Food Kitchen and North Italia chains, said it sold the fast-casual brand to Sauce Holdings LLC, an investment group led by Phoenix restaurateur Scott Kilpatrick. FRC has the right to end or modify promotion at any time 79. 1851. Fox Restaurant Concepts will retain one Sauce unit at Phoenix Sky Harbor International Airport, a spokeswoman said. 2 photos. Fox Restaurant Concepts sold its pizza brand, Sauce Pizza and Wine, to a group led by local restaurateur Scott Kilpatrick. Number 8860726. Fox founder Sam Fox sold his company to Cheesecake Factory in 2019 in a deal worth a reported $308 million, but Fox Restaurant Concepts still operates the restaurants. The company currently operates 45 restaurants in seven states and Washington D.C. Contact Ron Ruggless at [email protected]. North Italia, a modern Italian restaurant, got its start when the first location opened in Scottsdale in 2002. Web page addresses and e-mail addresses turn into links automatically. FRC has the right to end or modify promotion at any time Useful. …” Lines and paragraphs break automatically. 1 priority.” This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. “This partnership will be the first of its kind for the restaurant industry," Fox is quoted as saying in the release. Cheesecake Factory buys Fox Restaurant Concepts. RA Sushi now has 28 units. Flower Child debuted in 2014 on the northeast corner of 44th Street and Camelback Road. As of December, before the sale of Sauce, Fox Restaurant Concepts had 52 restaurants, including a number of multiunit brands: 10 True Food Kitchen restaurants, seven North Italia units, five Zinburger locations, four Blanco Tacos + Tequila units, four Culinary Dropout outlets, two Juby True juice bars and two Olive & Ivy upscale dining restaurants. Cheesecake Factory previously made minority investments in two of Fox Restaurant Concepts' brands. Takeout Tuesday offer is valid on Tuesdays only at all Fox Restaurant Concepts, excluding Flower Child locations. Cast your vote for the Valley's 2019 Businessperson of the Year. Fox Restaurant Concepts, the Phoenix-based empire behind Culinary Dropout, Zinburger, North Italia and more, has been gobbled up by The Cheesecake Factory. The restaurant group's new owners also plan to "capture supply chain, real estate and additional synergies," according to the press release. Now the company will purchase the entire Fox Restaurant Concepts portfolio in a deal that includes $308 million in cash at closing. 3/11/2020. Fox Restaurant Concepts said in a statement that “the sale of Sauce Pizza & Wine marks another step in FRC’s innovation plans and allows the team to continue to create and incubate exciting new concepts. 190. 1 was here. Funny. Each concept is entirely different and comes with food, employees, and an atmosphere that perfectly aligns with its brand personality. Unique. Sam Fox, founder of Fox Restaurant Concepts, said in a statement: “It’s difficult to let go of a concept that you’ve nurtured for more than a decade, but Sauce Pizza & Wine is in great hands.” Fox Restaurant Concepts LLC operates as a collection of boutique restaurant located in Arizona, California, Colorado, Texas … North Italia. Fox, who built Phoenix-based Fox Restaurant Concepts and sold it last year to The Cheesecake Factory Inc., plans to open the first Fly Bye To Go on Dec. … GILBERT, AZ — When it was announced that Sam Fox's restaurant empire, Fox Restaurant Concepts, had been sold to The Cheesecake Factory over the … Takeout Tuesday offer is valid on Tuesdays only at all Fox Restaurant Concepts, excluding Flower Child locations. Since then, they have created 15 concepts and over 50 locations. Fox Restaurant Concepts got a boost with its overall expansion plans this week after it announced a $353 million acquisition by The Cheesecake Factory. Founder Sam Fox will continue to lead the company from the headquarters inside The Henry restaurant in Phoenix. fox restaurant concepts News August 1, 2019 Fox Restaurant Concepts sold to The Cheesecake Factory for over $300 million American restaurant company The Cheesecake Factory, Inc. entered a definitive agreement to acquire Fox Restaurant Concepts, which recently Reach the reporter at lauren.saria@azcentral.com. Financial terms … AZ International Auto Show & New Car Buyer's Guide 2020 Model Year, Your California Privacy Rights/Privacy Policy. Offer cannot be combined with other offers or discounts and does not apply to Family Meals. Fox Restaurant Concepts has sold its nine-unit, fast-casual Sauce Pizza & Wine brand to a company led by the cofounder of RA Sushi, a Fox spokeswoman said Monday. November 20, 2019. A few Tucson restaurants dipped in and out of the campaign last year, but the only restaurant group we've seen to so far jump on the #TakeoutTuesday train in the new year is Fox Restaurant Concepts. Phoenix-based restaurant group Fox Restaurant Concepts has sold to The Cheesecake Factory Incorporated, according to a press release issued on Wednesday afternoon. This place always sold out on their famous lemon pie way before lunch time, I always wonder why they don't make more of it. The Cheesecake Factory Incorporated owns and operates 219 restaurants throughout the United States, including Puerto Rico, and Canada. The restaurants include more than 200 locations of The Cheesecake Factory and 14 locations of Grand Lux Cafe. Locations now exist in 10 states including four throughout metro Phoenix. He remained vice president until 2013. The Fox restaurant is so cutteeeeeee :3 My favorite is the cob salad its to die for! In October, The Cheesecake Factory (NASDAQ:CAKE) completed its acquisition of Fox Restaurant Concepts (FRC). Terms of the deal were not disclosed. Fun. Fox Restaurant Concepts is a rapidly-growing restaurant group with more than 5,000 amazing employees, 11 unique concepts and 100 locations across the United States. The company's partnership with The Cheesecake Factory began in 2016, when Cheesecake Factory made minority investments in both North Italia and Flower Child. 5. Support local journalism and subscribe to azcentral.com today. Chic. Jeng L. Elite '2021. The brand has nine units in Phoenix and Tucson, Ariz. A 10th non-airport unit is planned for Central Phoenix, the company said. Kilpatrick, who will serve as chief executive of the new Sauce holding company, said, “Sauce Pizza & Wine is an exceptionally strong brand, and we see significant opportunity for growth. Alhambra, CA. He sold Fox Restaurant Concepts to The Cheesecake Factory earlier this year but is continuing to lead the company. Sam Fox, developer lower proposed height of new Phoenix hotel, office project. Follow her on Instagram at laurensaria, on Twitter at lhsaria and on Facebook at facebook.com/lsaria. It will also let the company focus on growing up-and-coming brands. MORE THINGS TO DO: For restaurant reviews, travel tips, concert picks and more, subscribe to azcentral.com. Phoenix restaurateur Sam Fox sold ... - The Arizona Republic Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Kilpatrick cofounded RA Sushi in Scottsdale, Ariz., in 1997, and sold it to Doral, Fla.-based Benihana Inc. in 2002. Offer cannot be combined with other offers or discounts and does not apply to Family Meals. Fox Restaurant Concepts LLC. Multiple Locations. Recent news which mentions Fox Restaurant Concepts. The concept currently has 20 locations in nine states and Washington D.C. Since then, Fox has built a nationwide restaurant empire of 50 restaurants as CEO of Fox Restaurant Concepts, where he expects annual sales to reach about $260 million this year. Sauce offers pizzas, pastas, salads and affordably priced wines in a fast-casual environment. Registered in England and Wales. Other Fox Restaurant Concepts with locations in Phoenix include: With the new infrastructure and capital investments from Cheesecake Factory, fans can expect to see even more growth from Fox Restaurant Concepts. Following the finalization of the deal, Fox Restaurant Concepts will operate as "a wholly-owned subsidiary," the press release states. Fox opened the first Fox Restaurant Concepts concept, Wildflower, in Tucson in 1998. Nation's Restaurant News is part of the Informa Connect Division of Informa PLC. Must have an account for coupon code to apply. Fox Restaurant Concepts has sold its nine-unit, fast-casual Sauce Pizza & Wine brand to a company led by the cofounder of RA Sushi, a Fox spokeswoman said Monday. Each restaurant strives to provide guests with a remarkable dining experience that will leave a … No minimum purchase necessary. 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