Morton's Restaurant Group

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Morton's Restaurant Group, Inc.
Type Public (NYSEMRT)
Founded 1978 in Chicago, Illinois
Headquarters Chicago, IL, United States
Key people Thomas J. Baldwin CEO & President
Klaus Fritsch Chairman
Industry Restaurants
Products steaks
Revenue $353.8 million USD (2007)[1]
Net income $13.0 million USD (2007)[2]
Employees 5,000 (2008)
Website www.mortons.com

Morton's Restaurant Group, Inc. (NYSEMRT) is the world's largest owner and operator of company-owned upscale restaurants[3], with locations in the United States, Canada, Puerto Rico, Hong Kong, Macau and Singapore. The company operates three concepts: Morton's The Steakhouse, Bertolini's Authentic Trattoria, and Trevi.

Contents

[edit] Morton's The Steakhouse

Morton's Logo
Morton's Logo

Morton's The Steakhouse (formerly Morton's of Chicago) was founded in 1978 by Arnie Morton and Klaus Fritsch. Today, there are over 79 locations in the chain. Morton's locations are decorated with a similar style, concept and decor. Approximately 80% of the business for Morton's is based on business expense accounts, with an average guest bill being $88. 80% of the entrees ordered are beef, while that total makes up 38% of the restaurant's overall sales.[4]

[edit] Menu Presentation

Besides the paper menu, Morton's offers a visually presented menu. The server rolls a presentation cart to the table with raw samples of the items on the menu. This presentation includes a detailed description of the preparation of each item. It is at this time that the server will also ask the guest if they would like to order one of their signature desserts which have a lengthy preparation time, thus needing to be ordered early in the meal.

[edit] Beef

Rib eye steak
Rib eye steak

Morton's The Steakhouse serves prime beef, the highest grade given by the USDA, sourced from a meat packer in Chicago, IL. The meat is aged on location for 2-3 weeks using a wet-aging process which means the meat is aged inside of a cryo-vacuumed bag. The meat is cooked to order on a 1,800 degree broiler for service. Meat cuts offered include Filet Mignon, Porterhouse, New York Strip Steak, Bone-In Ribeye and Bone-In Prime Rib.[5]

[edit] Bertolini's Authentic Trattoria

Bertolini's Logo
Bertolini's Logo

Bertolini's serves freshly made pastas, light sauces, and pizzas cooked in brick ovens. There are two locations, one each in Philadelphia, PA and Las Vegas, NV. The restaurants are designed as white tablecloth, traditional Italian trattorias.

[edit] Trevi

Trevi Logo
Trevi Logo

On 15 September 2006 the Bertolini's location at The Forum Shops at Caesars in Las Vegas, which had opened in 1992, was closed and remodeled. On 2 February 2007 it reopened as TREVI, billed as an Italian brasserie. The restaurant was designed by the Rockwell Group whom have also designed Nobu and Vong. The restaurant features cafe-style dining and a walk-up gelato/espresso bar.[6] [7]




[edit] Locations

[edit] Morton's The Steakhouse

Arizona

  • Phoenix
  • Scottsdale

California

  • Anaheim
  • Beverly Hills
  • Burbank
  • Los Angeles
  • Palm Desert
  • Sacramento
  • San Diego
  • San Francisco
  • San Jose
  • Santa Ana
  • Woodland Hills

Colorado

  • Denver
  • Denver, Tech Center

Connecticut

  • Hartford
  • Stamford

District of Columbia

  • Washington D.C., Bethesda
  • Washington D.C., Downtown
  • Washington D.C., Georgetown

Florida

  • Boca Raton
  • Jacksonville
  • Miami
  • North Miami Beach
  • Orlando
  • Palm Beach

Georgia

  • Atlanta, Buckhead
  • Atlanta, Downtown

Hawaii

  • Honolulu

Illinois

  • Chicago, State Street
  • Chicago, Wacker Place
  • Naperville
  • Northbrook
  • Rosemont
  • Schaumburg
  • Westchester

Indiana

  • Indianapolis

Kentucky

  • Louisville

Louisiana

  • New Orleans

Maryland

  • Annapolis
  • Baltimore
  • Bethesda

Massachusetts

  • Boston, Back Bay
  • Boston, Seaport

Michigan

  • Detroit, Southfield
  • Detroit, Troy

Minnesota

  • Minneapolis

Missouri

  • St. Louis, Clayton
  • Kansas City

Nevada

  • Las Vegas

New Jersey

  • Atlantic City
  • Hackensack

New York

  • Great Neck
  • New York, Manhattan
  • White Plains

North Carolina

  • Charlotte, SouthPark
  • Charlotte, Uptown

Ohio

  • Cincinnati
  • Cleveland
  • Columbus

Oregon

  • Portland

Pennsylvania

  • King of Prussia
  • Philadelphia
  • Pittsburgh

Puerto Rico

  • San Juan

Tennessee

  • Nashville

Texas

  • Houston, Downtown
  • Dallas, Downtown
  • Houston, Galleria
  • San Antonio

Virginia

  • Arlington
  • Reston
  • Richmond
  • Tyson's Corner

Washington

  • Seattle

International

  • Toronto
  • Vancouver
  • Hong Kong
  • Macau
  • Singapore

[edit] Bertolini's Authentic Trattoria

  • Las Vegas, NV (West)
  • Philadelphia, PA

[edit] Trevi

[edit] See also

[edit] Notes

  1. ^ Morton's, The Steakhouse, "Investor Relations - 2007 Recap"
  2. ^ Morton's, The Steakhouse, "Investor Relations - 2007 Recap"
  3. ^ Morton's, The Steakhouse, "Investor Relations - Company Overview"
  4. ^ Meyer
  5. ^ Morton's The Steakhouse, Dinner Menu
  6. ^ Morton's The Steakhouse, "News Release"
  7. ^ New York Stock Exchange

[edit] Works cited

[edit] External links