Operator and franchisor of the Cheddar’s casual dining concepts. Cheddar’s operating philosophy centers on preparing high quality, made from scratch American food (i.e. burgers, steaks, ribs, salads, etc.) at an affordable price. This strategy has resulted in an incredibly loyal customer following and has allowed the concept to expand from 42 owned and franchised locations in 13 states at the time of our investment to well over 170 locations in 28 states currently.