K-Bob's Steakhouse Explained

K-BOB'S
Type:Franchise
Founder:Gabreil E. Parson and Jo Ann Parson Bowen
Area Served:New Mexico
Texas
Industry:Restaurants
Products:Steaks, Chicken, Catfish, Vegetables, Salad, Desserts
Owner:Edward Roy Tinsley IV
Morgan Booth
Parent:K-BOB'S Steakhouse Holding Company LLC
Foundation:Clovis, New Mexico
Location City:Houston, Texas
Location Country:USA
Locations:10[1]

K-BOB'S is a regional restaurant chain that operates in Texas, New Mexico, and formerly Colorado. The company was founded in 1966 in Clovis, New Mexico,[2] by Gabe E. Parson. It filed for Chapter 11 bankruptcy in 1989 and emerged from in 1991 under the new ownership and management of Edward Tinsley III. Tinsley relocated the company headquarters from Dallas to Albuquerque,[3] and then later to Santa Fe.[4] In August 2015, Tinsley sold the company to a private equity fund founded by his son (Edward R. Tinsley IV) and son-in-law (Morgan Booth). Tinsley retained 4 stores in the New Mexico market as a franchisee. Today, Tinsley IV and Booth operate the company out of its current corporate headquarters in Houston.

Notes and References

  1. Web site: Texas | K Bob . 2017-05-11 . https://web.archive.org/web/20170516043457/http://www.k-bobs.com/location/texas/ . 2017-05-16 . dead .
  2. Web site: K-Bob's Company Information. kbobsusa.com. 21 December 2010. dead. https://web.archive.org/web/20110713141827/http://kbobsusa.com/company.cfm. 13 July 2011.
  3. News: Robin Lee Allen, "K-Bob's rises up out of Chapter 11 ashes" . Nation’s Restaurant News, February 10, 1992 . July 8, 2009 . 1992 .
  4. News: K-Bob's sales increase, expansion sought. Albuquerque Business Journal. July 8, 2009. New. Mexico. March 10, 2009.