Chuy's Explained

Chuy's Holdings, Inc.
Type:	Subsidiary
Industry:	Restaurant
Founders:	Mike Young John Zapp
Num Locations:	100^[1]
Num Locations Year:	2023
Area Served:	United States
Hq Location City:	Austin, Texas
Hq Location Country:	United States
Key People:	Steve Hislop (CEO)
Revenue:	million
Revenue Year:	2022
Num Employees:	7,400^[2]
Num Employees Year:	2022
Parent:	Darden Restaurants

Chuy's Holdings, Inc. is an American Tex-Mex restaurant chain founded in 1982 in Austin, Texas, by Mike Young and John Zapp.^[3] As of July 2024, Chuy's had 101 restaurants across 15 states in Arkansas, Louisiana, Colorado, Texas, Virginia, Florida, Ohio, Indiana, Tennessee, Georgia, Alabama, Kentucky, Oklahoma, North Carolina, and South Carolina.^[4]

History

The first Chuy's location opened in 1982 on Barton Springs Road in Austin, Texas.^[5]

On May 31, 2001, then President George W. Bush's twin daughters, Jenna Bush and Barbara Bush, were cited for using fake IDs at the Barton Springs Road Chuy's,^{[6] [7]} which put Chuy's in the national spotlight.^{[8] [9] [10] [11]}

In 2009, Chuy's opened its first restaurant outside of Texas, in Franklin, Tennessee.^[5]

On July 24, 2012, Chuy's went public with a $75.8 million dollar IPO.^[12] At that time they operated 36 locations in 7 states.

Cofounder Mike Young died on August 11, 2023, at the age of 74.

In July 2024, Darden Restaurants agreed to acquire Chuy's in an all-cash deal valued at $605 million.^[13] The acquisition was completed on October 11, 2024.^[14]

Menu

Chuy's serves Tex-Mex cuisine, such as enchiladas, fajitas, tacos, and burritos as well as alcoholic cocktails. The food is prepared in each restaurant.^[15]

Charitable contributions

Chuy’s Children Giving to Children Parade has annually collected toys to be distributed to underprivileged children via the Operation Blue Santa's city of Austin Police Department not-for-profit organization since 1988.^[16]

See also

• List of Mexican restaurants

Notes and References

1. Web site: Form 10-Q . U.S. Securities and Exchange Commission . 1 January 2024 . 24 September 2023.
2. Web site: Form 10-K . U.S. Securities and Exchange Commission . 1 January 2024 . 25 December 2022.
3. Web site: Our Story. chuys.com. 2019-12-22.
4. Web site: 2024-07-17 . Darden Restaurants to Acquire Chuy's Holdings, Inc. in Approximately $605 Million Transaction . 2024-07-18 . Chuy's Holdings, Inc. . en.
5. Web site: 2023-08-12 . Mike Young, co-founder of Chuy's, has died . 2023-08-14 . KXAN Austin . en-US.
6. News: 2001-06-01 . President Bush's daughters using fake ID at Chuy's (pt 1) . 13 . Austin American-Statesman . 2023-08-14.
7. News: 2001-06-01 . President Bush's daughters using fake ID at Chuy's (pt 2) . 39 . Austin American-Statesman . 2023-08-14.
8. News: Ellison . Michael . 2001-05-31 . Fake ID lands Bush daughter in trouble with law - again . en-GB . The Guardian . 2023-08-14 . 0261-3077.
9. Web site: 2001-06-06 . EATERY SORRY IT DROPPED DIME ON BUSH TWINS . 2023-08-14 . en-US.
10. News: Kurtz . Howard . 2001-05-31 . Bush Daughters Grab the Spotlight . en-US . Washington Post . 2023-08-14 . 0190-8286.
11. Web site: Bush daughter used borrowed ID in new alcohol incident, police say - May 30, 2001 . 2023-08-14 . www.cnn.com.
12. News: 2012-07-25 . Chuy's 2012 IPO . B7 . Austin American-Statesman . 2023-08-14.
13. Web site: DURBIN . DEE-ANN . Darden Restaurants buys Tex-Mex chain Chuy's for $605 million . 2024-07-18 . ABC News . en.
14. Web site: Chuy's to relocate headquarters after sale to Orlando-based restaurant operator becomes official . October 13, 2024 .
15. Web site: Williams . JaNae . Chuy's opens first Oklahoma City location with a 'Boom-boom' . 2024-07-18 . The Oklahoman . en-US.
16. Web site: Chuy's Children Giving to Children Parade Returns This Weekend . Garcia . Evelin . November 23, 2018 . . January 23, 2020.