BJ's Restaurants

BJ's Restaurants, Inc. is an American restaurant chain, headquartered in Huntington Beach, California.[2][3] The chain operates under the names BJ's Restaurant & Brewery, BJ's Restaurant & Brewhouse, BJ's Grill, and BJ's Pizza & Grill. BJ's menu features pizza, beers, appetizers, entrees, pastas, sandwiches, salads, and desserts.[4] Some locations feature microbreweries that supply beer to other locations in the chain.[3]

BJ's Restaurants, Inc.
  • BJ's Grill
  • BJ's Pizza & Grill
  • BJ’s Restaurant & Brewery
  • BJ’s Restaurant & Brewhouse
FormerlyBJ's Chicago Pizzeria
TypePublic
Nasdaq: BJRI
S&P 600 component
Industry
GenreCasual dining
Founded1978 (1978) in Santa Ana, California, US
Founders
  • Mike Phillips
  • Bill Cunningham
Headquarters,
US
Number of locations
215 (2022)
Area served
United States
Key people
Greg Levin (CEO and president)
ProductsAmerican food
ServicesCatering
RevenueIncrease US$1.195 billion (2021)[1]
IncreaseUS$79.452 million (2021)[1]
IncreaseUS$52.882 million (2021)[1]
Total assetsIncrease US$1.059 billion (FY 2021)[1]
Total equityIncrease US$353.788 million (FY 2021)[1]
Number of employees
23,000 (2021)
Websitewww.bjsrestaurants.com

History

The BJ's in Hillsboro, Oregon

BJ's was founded in 1978 and first opened in Santa Ana, California, as BJ's Chicago Pizzeria[5] by Jim Kozen and Leonard Allenstein. The original name was BJ Grunts, but due to a Federal Trademark conflict with RJ Grunts, a Chicago-based hamburger shop, the name was changed.[6] Shortly after the opening of the first restaurant, Mike Phillips and Bill Cunningham bought 50% of the company for $14,000. Kozen and Allenstein left the group after the opening of the 7th store. [7][8] Phillips and Cunningham sold their company to their accountants Paul Motenko and Jerry Hennessy in 1991.[9][8]

By 1996, seven restaurants had opened between San Diego and Los Angeles. Originally known as Chicago Pizza, the company went public in 1996, raising $9.4 million.[10] The company then bought 26 Pietro's Pizza restaurants in March 1996 in a $2.8 million deal in cash and assumed debt, but then sold off seven of the locations with plans to convert the remaining Pietro's to what was then BJ's Pizza.[10] During the same year, the company opened a microbrewery at its Brea restaurant.[11]

Between 2010 and 2011, the National Retail Federation named it one of the 10 fastest-growing restaurants in the U.S. based on year-over-year sales.[12]

In October 2012, Greg Trojan became president and CEO.[13]

In 2013, BJ's produced a combined total of 60,000 barrels annually at their 11 brewery restaurants to serve their chain of 136 restaurants in 15 states.[14] In 2010, the company's BJ's Hefelightzen was awarded a gold medal at the Great American Beer Festival.[15]

Operations

As of December 2022, BJ's operated 215 restaurants in 29 states.[16]

Awards and recognition

Some of the company's beers have been awarded gold and silver medals at various beer brewing competitions throughout the world.[11]

References

  1. "BJRI Financials". Nasdaq. January 30, 2021.
  2. "Company Overview of BJ's Restaurants, Inc". Bloomberg. Retrieved January 4, 2019.
  3. Hampson, Tim (2008). The Beer Book. London: Dorling Kindersley. p. 23. ISBN 978-1405333016.
  4. "BJ's Restaurants". Forbes. Retrieved April 8, 2020.
  5. Alvarado, Jocelyn (September 23, 2012). "Best of Orange County: BJ's Restaurant & Brewhouse". Orange County Register.
  6. "Casual Dining And Drinks At BJ's Brewery – SanctuaryBrewCo". Retrieved October 5, 2022.
  7. Jacobson, Max (September 29, 1994). "Restaurants : BJ's Dishes Pizza That Pans Out". Los Angeles Times.
  8. Chang, Andrea (May 5, 2010). "BJ's takes a bigger slice of casual-dining market: The Huntington Beach-based chain's vast menu and modest prices are helping it thrive after a tough few years for the restaurant industry". Los Angeles Times.
  9. Luna, Nancy (December 22, 2008). "BJ's Restaurants co-founders leave pizza chain". Orange County Register.
  10. Rose, Michael (November 17, 1996). "BJ's Pizza to revamp Pietro's with breweries, remodeling". Portland Business Journal. Retrieved March 15, 2013.
  11. Bloom, Earl (January 21, 2013). "BJ's Restaurant and Brewhouse". Orange County Register.
  12. Luna, Nancy (August 2, 2012). "BJ's pizza among 10 fastest-growing chains". The Orange County Register.
  13. "BJ's Restaurants, Inc. Announces Incoming President and Upcoming CEO Transition". foodnewsfeed.com. October 31, 2012. Retrieved April 2, 2018.
  14. Morgan, Jason (August 16, 2013). "Brewpub Files: BJ's Restaurants crafts brand quality across its restaurants". Craft Brewing Business.
  15. "BJ's Restaurants Wins Gold Medal at the Great American Beer Festival". NBC News. September 28, 2010.
  16. "BJ'S Restaurants, Inc. news release". BJ's Restaurants, Inc. Retrieved November 30, 2022.{{cite web}}: CS1 maint: url-status (link)

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