Contact Us

Jimmy Buffett’s Cheeseburger in Paradise Restaurant Chain Sold to Luby’s

Jimmy Buffett
Rick Diamond, Getty Images for CMT

If you’ve ever wanted to eat a cheeseburger in paradise, your chances might have just gotten better. Named for Jimmy Buffett’s 1978 hit, the Cheeseburger in Paradise restaurant chain has just been acquired by Luby’s, Inc. — and the new owners say they plan to “expand the brand.”

According to Restaurant News, the Houston-based owners of Luby’s cafeterias and Fuddrucker’s agreed to purchase the brand — which includes 23 units in 14 states, as well as the chain’s cash on hand, inventory, and accounts receivable — for $11 million. The chain’s total revenue for the previous year amounted to $50 million. The deal was expected to close on Dec. 5.

Buffett partnered with OSI Restaurant Partners in 2002 to develop the island-themed casual dining restaurant, then sold the company to an investor group led by chain president Steve Overholt in September of 2009. Luby’s intends to expand into new markets.

“Cheeseburger in Paradise will nicely complement our core family-friendly brands, Luby’s Cafeterias and Fuddruckers, with a casual-dining restaurant and bar offering,” Luby’s Chief Executive Chris Pappas says in a press release. “A number of their 23 locations are located in high-traffic areas, many near successful malls and tourist attractions. With the addition of Cheeseburger in Paradise, we will further enhance our competitiveness and increase the company’s opportunities for revenue growth in the future.”

Next: Find Out Where 'Margaritaville' Lands in the Top 100 Country Song Countdown

Best of B98.5

Recommended For You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for Stinger's Scoop Club quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive Stinger's Scoop Club contests, events, coupons, presales, and much more delivered to you for FREE.