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Roadhouse Grill's Brand New Owner Files Bankruptcy

The Once-Thriving Chain Has Been Reduced to Half Its Size
By Sasha M Pardy
October 17, 2007 | 5:57 P.M.

In early June, CoStar informed readers that Palm Beach Garden, FL-based Duffy's Holdings, Inc., owner and operator of 15 Duffy's Sports Grill casual dining restaurants on Florida's East Coast, acquired an 85.5% share of the outstanding common stock of Pompano Beach, FL-based Roadhouse Grill, Inc. for $29 million. At the time, Roadhouse operated 57 full-service restaurants in AL, AK, FL, GA, LA, MI, NY, NC, OH, and SC. Duffy's said it was evaluating the Roadhouse portfolio to decide which restaurants would be best served by a conversion to the Duffy's Sports Grill banner; Duffy's did select three restaurants to convert and is paying $125,000 for them.

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