American Restaurant Holdings Acquires California Eatery
American Restaurant Holdings, Inc. completed its asset purchase of Canyon Fireside Grille. Located in the city of Rancho Santa Margarita, California, Canyon Fireside Grille was originally founded in 2004.
The menu consists of signature dishes of American cuisine, along with a full bar.
Several highlights of the purchase include:
- A high visibility location in the heart of South Orange County
- Strong per capita income and area demographic, along with above-average vehicle and foot traffic
- An extensive operating history, given that Canyon Fireside Grille has been in operation for nearly 10 years and has built a strong local and loyal clientele
- Additional growth potential: ARHI has identified significant growth opportunities for the location including enhanced menu items in addition to other revenue-enhancement strategies
"Our plan is to grow the strong legacy business that has been created during the nearly decades-long history of the location," says Tim M. Betts, CEO of American Restaurant Holdings, Inc. "We look forward to working closely with Canyon’s management and its employees to continue to grow the brand."