Lyon's
Encyclopedia
Lyon's Restaurant is a chain of diner-style restaurants, similar to Denny's
. Their sites are all in Northern California, with their corporate headquarters in Sacramento
.
(MBO) in 1989. At the time of the MBO, Lyon's had 65 restaurants across California, Oregon and Nevada and a turnover of $100m.
After bankruptcy in February 1998 Lyon's was acquired by ICH, an Arby's
franchisee. In January 2001 ICH sold Lyon's to Amber's Pacific Restaurants Inc., a company of San Diego restaurant owner Amber Lao. APRI filed for Chapter 11 bankruptcy in October 2001, blaming the economic turndown at that time.
As of 2010, Lyon's Restaurant is still operating and franchising locations in California. The chain is currently owned by DN Partnership Inc. There are 4 Lyon's Restaurants in Northern California: Santa Rosa, Vallejo, Stockton, and Sacramento.
Denny's
Denny's is a full-service coffee shop/family restaurant chain. It operates over 1,500 restaurants in the United States , Canada, Curaçao, Costa Rica, Honduras, Jamaica, Japan , Mexico, New Zealand, Qatar, and the United Arab Emirates.Denny's is known for always being...
. Their sites are all in Northern California, with their corporate headquarters in Sacramento
Sacramento, California
Sacramento is the capital city of the U.S. state of California and the county seat of Sacramento County. It is located at the confluence of the Sacramento River and the American River in the northern portion of California's expansive Central Valley. With a population of 466,488 at the 2010 census,...
.
History
Lyon's was founded in San Francisco in about 1952. In 1966, it was bought by Consolidated Foods Corporation which later became Sara Lee; the company sold the chain in a management buyoutManagement buyout
A management buyout is a form of acquisition where a company's existing managers acquire a large part or all of the company.- Overview :Management buyouts are similar in all major legal aspects to any other acquisition of a company...
(MBO) in 1989. At the time of the MBO, Lyon's had 65 restaurants across California, Oregon and Nevada and a turnover of $100m.
After bankruptcy in February 1998 Lyon's was acquired by ICH, an Arby's
Arby's
Arby's is a fast food restaurant chain in the United States and Canada. Roark Capital Group owns 81.5% of the company, with Wendy's Company owning the other 18.5%. It is primarily known for selling roast beef sandwiches and curly fries. The Arby's menu also includes chicken sandwiches, appetizers,...
franchisee. In January 2001 ICH sold Lyon's to Amber's Pacific Restaurants Inc., a company of San Diego restaurant owner Amber Lao. APRI filed for Chapter 11 bankruptcy in October 2001, blaming the economic turndown at that time.
As of 2010, Lyon's Restaurant is still operating and franchising locations in California. The chain is currently owned by DN Partnership Inc. There are 4 Lyon's Restaurants in Northern California: Santa Rosa, Vallejo, Stockton, and Sacramento.