Gene Street, President and CEO, Consolidated Restaurant Companies, Inc., Dallas, TX


RH RSS Feed  ShareThis

Age: 58. Why he's rising: Last year Street formed Consolidated Restaurant Companies with partners Steve Hartnett, John Harkey and John Cracken. CRC purchased El Chico Restaurants for $60 million and, later, Spaghetti Warehouse for $61 million. Street and his group also made a run at Landry's Seafood and Rock Bottom Brewery, two moves that made the industry stand up and take notice, though both failed to materialize. Expect future acquisition moves that will secure Street as a big league player. Background: Opened country-cooking concept Black Eyed Pea in the early 1970s, with partner Phil Cobb, which he sold in 1986 for $47 million. He followed it with a multitude of Dallas restaurant concepts, include Dixie House, Blue's Lake Front, and the Wine Press. After a short-lived retirement in the late '80s, opened Good Eats chain. Partnered with former lawyers Cracken and Harkey in 1997 to purchase El Chico chain. Schooling: Howard Payne University, B.S.; Southern Methodist University, M.L.A. Wins praises for: Gut instinct for operations and concept development. First foodservice job: Opened J. Alfred's bar in Dallas in the early 1970's with partner Phil Cobb. What the future holds: Opening a second Cool River in Austin. Also, more acquisitions of companies in the $25 to $75 million range. He's aiming to have a market capitalization of $250 to $750 million by early 2000. CRC expects to turn $250 million in sales this year.

PHOTO: MARK PERLSTEIN/BLACK STAR

Want to use this article? Click here for options!
© 2010 Penton Media Inc.


Acceptable Use Policy blog comments powered by Disqus

Sign up for RH's events, products and services!


New in 2010! Receive the print edition by mail or as a digital edition! Sign up for the Digital Edition or update your subscription here.

Newsletter

Swing into Restaurant Hospitality’s weekly eNewsletter. Subscribe Now!

Newsletter Archives



Super Chef Jose Garces!


Philadelphia’s Jose Garces will speak at RH’s New Direction’s Conference in October. Garces is the winner of The Next Iron Chef competition.
Check out these videos

View More RH Videos


Recent Sponsored Videos

Back to Top

Browse Back Issues

  • August 2010 Cover
  • July 2010
  • June 2010 Cover
  • May 2010 Cover
  • April 2010 Cover
  • March 2010 Cover