Dividend Restaurant Group Begins International Expansion
Fast-growing restaurant group is in discussion with potential partners to take their iconic brands, Eddie Merlot’s and Sullivan’s Steakhouse, overseas
Denver, CO (RestaurantNews.com) Dividend Restaurant Group (DRG), a renowned company with a portfolio of successful steakhouse brands in the United States, plans to expand globally by introducing its Eddie Merlot’s and Sullivan’s Steakhouse brands overseas.
“Since acquiring Sullivan’s Steakhouse and Eddie Merlot’s we have experienced significant sales growth steadily grown their footprint across the U.S.,” said Nishant Machado, co-founder and Chief Executive Officer of Dividend Restaurant Group. “Steakhouses have stood the test of time and continue to gain in popularity with consumers of a wide age demographic. Both of our brands feature food and beverage options that appeal to an international audience and are positioned to capitalize on these steakhouse trends. It’s a natural progression for our company, and we’re thrilled to partner with franchisees to take these historic brands to other countries and new heights.”
With 12 locations across the U.S., Eddie Merlot’s is an upscale contemporary American steakhouse known for its prime-aged beef and seafood, world-class wine program and creative cocktails. The brand won a Wine Spectator Award of Excellence in 2023 and is the exclusive Wagyu beef purveyor of the award-winning Tarpoly Creek Ranch in South Queensland, Australia.
Rooted in rich tradition, Sullivan’s Steakhouse is a classic American steakhouse founded in 1996. Named after legendary American boxer John L. Sullivan, each of the brand’s 15 locations throughout the U.S. serves up “prime flavor with a local flair,” featuring classic interiors and lively jazz. The menu includes hand-cut and bone-in steaks, fresh seafood and signature cocktails.
For more information about Dividend Restaurant Group, visit DividendRestaurantGroup.com. For franchising information for Eddie Merlot’s, visit EddieMerlots.com/franchise, and for franchising information for Sullivan’s Steakhouse, visit SullivansSteakhouse.com/franchise.
About Dividend Restaurant Group
Dividend Restaurant Group (DRG) was built on the core belief that the foundation of a company is defined by the character of the team, the versatility of its systems and the discipline of its actions. DRG is a guest-first and team-focused organization that has a successful track record of revitalizing iconic brands and driving value for all stakeholders. Housed in Downtown Denver, DRG brings together some of the country’s best-known brands, leveraging an industry-leading platform with a clear vision for continued growth. Its driving mantra is “we pay ‘dividends’ to every stakeholder of our business; our guests, our team members, our vendors and our financial partners, all in different but meaningful ways.” For more information about Dividend Restaurant Group, visit DividendRestaurantGroup.com.
About Eddie Merlot’s
Eddie Merlot’s is known for its exceptional service, an unparalleled atmosphere and mouth watering cuisine. Each of Eddie’s 12 locations across the United States promises a lively, unforgettable guest experience unmatched in the industry today. Eddie Merlot’s starts with U.S.D.A. Prime beef that is aged naturally for a minimum of 28 days, for incredible tenderness and flavor. Each cut of meat is personally selected by Eddie’s top chef for optimum proportion of marbling and texture, before hand-cutting and seasoning the thick, tender steaks to our guests’ specifications. For more information, visit EddieMerlots.com or follow the brand on Facebook, Twitter or Instagram at @eddiemerlots.
About Sullivan’s Steakhouse®
Sullivan’s Steakhouse is a classic American steakhouse brand rooted in rich tradition. Founded in 1996, Sullivan’s artfully blends hand-cut steaks, fresh seafood and signature cocktails with the sounds of live, local jazz music and a friendly, familiar atmosphere. From monthly pairing dinners and live jazz music to its wine locker and brass plaque programs, each of Sullivan’s 15 locations across the United States (including Anchorage, Alaska) promises a lively, unforgettable guest experience unparalleled in the industry today. For more information, visit SullivansSteakhouse.com or follow the brand on Facebook, Twitter or Instagram at @sullivanssteakhouse.
Contact:
Greer Martin
Champion
972-971-3898
gmartin@championmgt.com
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