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Article: Applebee's Neighborhood Grill & Bar Celebrates 20 Years Of Record Growth.
- Article from:
- Business Wire
- Article date:
- November 28, 2000
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Business & Food Editors
OVERLAND PARK, Kan.--(BUSINESS WIRE)--Nov. 28, 2000
Applebee's Neighborhood Grill & Bar celebrates its 20th anniversary this week without a sign of slowing down.
With 1,271 restaurants operating in 49 states and eight countries, Applebee's is the largest casual dining concept in the world, larger than its two nearest competitors combined.
The first Applebee's opened in 1980 in Atlanta, Georgia as T.J. Applebee's Edibles & Elixirs, a neighborhood bar and restaurant. "I had five partners, mortgaged my house and borrowed $50,000 to open the first restaurant," said Bill Palmer, the founder of the Applebee's concept, ...