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Tropicana Express history
Tropicana Express company history timeline
Quantum's first acquisition, in December 1988, had been an 89 percent stake in Peasant Restaurants Inc., an Atlanta-based, 14-unit restaurant firm, for $11.6 million.
Quantum Restaurant Group, 1989-96
The company made its initial public offering of stock in 1992, its first profitable year.
In December 1993, Quantum launched a new chain, called Bertolini's Authentic Trattorias, that featured northern Italian food at midscale prices.
The chain, although remaining Atlanta-based and -oriented, opened a Philadelphia unit in 1994.
In 1996 the two chains lost $11 million on revenues of $54.4 million, but Quantum nevertheless registered net income of $1.8 million.
The company announced in early 1997 that it was selling 19 Peasant and Mick's restaurants, for $6.8 million in cash and notes, to Gregory M. Buckley, former president of Quincy's Family Steakhouse.
FMR Corp. was Morton's Restaurant Group's largest stockholder in May 1999, with 12.8 percent of the shares.
In April 2002, Laughlin was the scene of a deadly fight between two rival California motorcycle gangs, the Hell’s Angels and the Mongols.
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Tropicana Express competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Colorado Belle | 1987 | $56.0M | 615 | - |
| Arizona Charlie's | 1988 | $100.0M | 950 | - |
| Yaamava' Resort & Casino | 1986 | $89.5M | 3,500 | 89 |
| Emerald Queen Casino | 1996 | $13.0M | 3,000 | 32 |
| Delta Downs | 2002 | $1.2M | 50 | 31 |
| Spirit Mountain Casino | 1995 | $14.0M | 200 | 11 |
| Island Resort & Casino | 1986 | $60.0M | 705 | - |
| Odawa Casino | 2007 | $530.0M | 270 | 13 |
| Island View Casino | 2006 | $99.0M | 1,200 | 53 |
| Bay Mills Resort & Casino | 1995 | $1.8M | 50 | - |
Tropicana Express history FAQs
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Tropicana Express may also be known as or be related to TROPICANA EXPRESS, Tropicana Express, Tropicana Express Inc and Tropicana Express, Inc.