Señor Frog's
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Señor Frog’s is a Mexican-theme franchised "infamous party scene"[1] bar and grill in tourist destinations throughout Mexico, the Caribbean, South America, and the United States. "You go to Señor Frog’s when you're on vacation, if you want to get crazy and nobody knows you," chief executive David Krouham told Forbes magazine.[2]
In Mexico and the western Caribbean, about 75% of their revenues come from alcoholic beverage sales. In their lone U.S. location, Myrtle Beach, South Carolina, however, they've been unable to promote drinking as successfully; food outsells liquor there by a slight margin.[3]
Promotions like drinking contests and a novelty take-home yard of beer glass[4] bring the chain $33 per check, 50% more than the Hard Rock Cafe achieves. They further promote alcohol sales with an "anything goes" atmosphere; one of their theme parties was a pajama party, with guests swimming in a pool filled with beer.[1] The company considers this to make Señor Frog’s "a very appropriate place to bring families".[5]
Their Caribbean stores take in an average of $5 million annually.[2] The company, however, projects first year revenues for Myrtle Beach of $8 million, with $12 million annually from the Honolulu, Hawaii bar to open in 2006 and $20 million from a Las Vegas, Nevada location to open in 2007.[1]
Señor Frog’s is owned by Grupo Anderson's, founded in 1963, who claims their more than 50 restaurants makes it Mexico's largest restauranteur. In addition to Señor Frog’s, Grupo Anderson's has the Carlos'n Charlie's chain.[6]
[edit] Locations
There are currently 9 Señor Frog’s locations in Mexico:
and 5 locations elsewhere:
[edit] See also
- ^ a b c Chain Leader magazine, October 2005
- ^ a b Forbes, September 19, 2005
- ^ December 6, 2005 press release
- ^ Press kit
- ^ Honolulu Star Bulletin, December 8, 2005
- ^ Company profile
[edit] External links
- Señor Frog’s - Official website