The restaurant was purchased out of bankruptcy by its franchisees, reports Nation’s Restaurant News. It now has 27 restaurants nationwide and hopes to increase that number by 50% over the next few years.
The restaurant — which was spun off from Howard Johnson’s in 1969 — has agreements in place for five new restaurants in New Jersey and eight in Minneapolis-St. Paul, Minn. In all, the firm has agreements for 15 stores at the moment, four or five of which should open in 2013.
The new restaurant concept centers on a smaller, sports-themed dining experience. The prototype of the new idea will debut in Waconia, Minn. at the end of January. It will have two dining rooms — one for family dining and another for the sports clientele.