Cheddar's was founded in 1979 by Aubrey Good and Doug Rogers. The first location was in Arlington, Texas, and the chain reached 10 locations by 1995.
By 2003, Cheddar's generated $150 million in revenue from 42 restaurants in 13 states and Brazos Private Equity Partners made an initial investment to grow the company that year. In August 2006, when the company generated $245 million in revenue from 55 restaurants in 15 states, Oak Investment Partners and L Catterton Partners jointly purchased Cheddar's.
There is a Cheddars in Knoxville about a 45 minute drive from the house and my wife and I usually go there about every other week. She gets a salad of some sort and I get grilled salmon... My salmon is 8 oz. plus there is a cup of wild rice, a good size baked potato with sour cream and no butter and two cups of steamed broccoli... for $13.95...
Additionally, we are brought 2 croissants with some kind of sauce on top and two drinks usually a soft drink or unsweetened tea and our glasses are always filled twice and they provide us with a third refill to go...
My wife and I leave a 20% tip and our bill is always under $40.00
In another city in this State or another State, our bill would have been $40 each or $80.00 at least... and we would not have gotten all the refills.