J. Alexander's
From Wikipedia, the free encyclopedia
J. Alexander's (American Stock Exchange symbol JAX) is a casual dining restaurant chain headquartered in Nashville, Tennessee.
[edit] History
J. Alexander's was founded in 1991 by three Nashville businessmen, Jack C. Massey, Earl Beasley, Jr. and John Neff, Jr. According to their online profile, they are "positioned between the heavily themed casual dining restaurants and the fine dining white tablecloth dinnerhouses."[citation needed] They operate twenty-eight restaurants in twelve states.
In 1996, Volunteer Capital Corporation, which runs the organization, sold 52 Wendy's franchises to focus on the JAX business.[1] In 1999, they rejected a $33.8 million buyout bid from the rival O'Charley's Inc.[2] J. Alexander's does not accept reservations, but allows call-ahead seating. J. Alexander's is very similar to Houston's Steakhouse in both menu and operations.
[edit] References
- ^ Reuters (July 11, 1996). Volunteer Capital To Sell Its Wendy's Franchises. New York Times
- ^ Staff report (April 15, 1999). Company briefs. New York Times

