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 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

A BJ’s Brewhouse Location at Southern Park Mall, Boardman Ohio

BJ's was founded in 1978 and first opened in Santa Ana, California, as BJ's Chicago Pizzeria[4] by Jim Kozen and Leonard Allenstein.[5] 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 the 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 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.[13] In 2010, the company's BJ's Hefelightzen was awarded a gold medal at the Great American Beer Festival.[14] In 2021, Greg Levin was appointed to CEO.[15] As of December 2022, BJ's operated 215 restaurants in 29 states.[16]

Offerings

BJ's menu features pizza, beers, appetizers, entrees, pastas, sandwiches, salads, and desserts (including the signature Pizookie).[17] Some locations feature microbreweries that supply beer to other locations in the chain.[3]

Awards and recognition

At the 2006 Great American Beer Festival, BJ's Big Fish IPA achieved a gold medal within the American-style Strong Pale Ale classification. Its design draws inspiration from the Piranha Pale Ale, which secured a silver medal in 2002. In a similar vein, BJ's Jeremiah Red earned a silver medal in the strong ales category during the same festival in 1996. The Belgian-style wheat beer from BJ's has been honored with a Gold Medal by the North American Beer Awards.[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. Alvarado, Jocelyn (September 23, 2012). "Best of Orange County: BJ's Restaurant & Brewhouse". Orange County Register.
  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. Morgan, Jason (August 16, 2013). "Brewpub Files: BJ's Restaurants crafts brand quality across its restaurants". Craft Brewing Business.
  14. "BJ's Restaurants Wins Gold Medal at the Great American Beer Festival". NBC News. September 28, 2010.
  15. "BJ's names Greg Levin to succeed Gregory Trojan as CEO". Nation's Restaurant News. July 6, 2021. Retrieved July 10, 2023.
  16. "BJ'S Restaurants, Inc. news release". BJ's Restaurants, Inc. Retrieved November 30, 2022.
  17. "BJ's Restaurants". Forbes. Retrieved April 8, 2020.

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