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opened direct investment in McMenamins, Inc. to those outside the McMenamin family. The private equity offering conferred preferred shares at $ 100,000 each in private placements to 150 to 200 high-income individuals. The shares do not carry voting rights for their holders but McMenamins indicated that investors could expect a 3% annual cumulative dividend and a 6.5% overall return.
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While still primarily family-owned, in May 2020 McMenamins began raising $ 20 million from private investors in a
Preferred Stock Offering to retire short-term debt as a result of COVID-19 shutdowns, to fund "secret projects" and to enable future expansion. This was the first time the company had
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The decision to open McMenamins to outside investors was in-part driven by impacts from COVID-19 with total revenue for McMenamins down 50% in the first 5 months of 2020.
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210:, historic hotels, and theater pubs in Oregon and Washington. Many of their locations are in rehabilitated historical properties; at least nine are on the
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532:"McMenamins Seeks $ 20 Million from Private Investors to Help Keep the Music Playing, Beer Flowing and "Secret Projects" Coming for Years to Come"
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In 1985, McMenamins opened Oregon's first brewpub in the
Southwest Portland neighborhood of Hillsdale. Their first theater pub was the
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261:. By 1997, food accounted for over half of McMenamins' total sales. The company opened its 55th location in April 2018.
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465:"First look: McMenamins Mission Theater re-opens after renovations, focuses on second-run movie screenings"
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starting in 1990, when they converted a 74-acre site (that at one time served as the
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Oregon places 4 breweries on list of nation's 50 biggest beermakers
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238:. They trace the beginning of McMenamins to the 1974 opening of
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505:"McMenamins opens at Kalama Harbor, its 55th location"
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644:Beer brewing companies based in Portland, Oregon
679:Regional restaurant chains in the United States
119:Beers, Wines, Cider, Distilled spirits, Coffee
249:(1987). The company then entered the broader
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558:"McMenamins looks for $ 20M equity infusion"
230:McMenamins was founded by brothers Mike and
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669:Hospitality companies of the United States
423:, from an April 14, 2009 article from the
218:, McMenamins is one of the top 50 largest
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659:Economy of the Northwestern United States
488:Crystal ball forecasts McMenamins' future
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674:Privately held companies based in Oregon
664:Food and drink companies based in Oregon
619:McMenamins Brewery Collection, 1985-2013
281:Individually notable locations include:
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212:National Register of Historic Places
127:$ 180 million (estimated as of 2017)
654:Companies based in Portland, Oregon
490:, a January 1997 article from the
89:https://www.mcmenamins.com/find-us
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694:Restaurants in Washington (state)
649:Culture of the Pacific Northwest
684:Restaurants established in 1983
503:Hale, Jamie (April 21, 2018) .
350:National Cash Register Building
581:Gusinow, Sander (2020-06-05).
139:(founders and majority owners)
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639:1983 establishments in Oregon
583:"McMenamins Grows the Family"
562:restaurantbusinessonline.com
406:, a May 13, 1998 article in
556:Romeo, Peter (2020-05-20).
234:, who grew up in northeast
198:is a family-owned chain of
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463:Mohan, Marc (2014-06-07).
345:Multnomah County Poor Farm
255:Multnomah County Poor Farm
492:Portland Business Journal
426:Portland Business Journal
247:Mission Theater & Pub
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265:First outside investment
397:Over One Million Served
340:Mission Theater and Pub
355:Old St. Francis School
222:in the United States.
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689:Restaurants in Oregon
315:The Grand Lodge Hotel
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439:"Portland breweries"
251:hospitality business
214:. According to the
216:Brewers Association
145:Number of employees
83:Number of locations
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587:oregonbusiness.com
402:2003-12-27 at the
370:Olympic Club Hotel
257:) into McMenamins
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149:3,528 (as of 2018)
305:Crystall Ballroom
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135:Mike, Robert and
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320:Hotel Oregon
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208:music venues
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66:Headquarters
52:Microbrewery
34:Company type
365:Elks Temple
361:Washington
335:Lola's Room
325:Imbrie Farm
161:.mcmenamins
96:Area served
48:Hospitality
634:McMenamins
628:Categories
592:2023-06-05
567:2023-06-05
542:2023-06-05
536:apnews.com
517:2018-04-25
474:2019-02-18
449:2019-02-18
379:References
196:McMenamins
110:Washington
104:, Central
20:McMenamins
277:Locations
259:Edgefield
204:breweries
183:Edgefield
400:Archived
200:brewpubs
116:Products
100:Western
44:Industry
286:Oregon
226:History
154:Website
124:Revenue
58:Founded
38:Private
108:, and
106:Oregon
102:Oregon
132:Owner
163:.com
61:1983
159:www
87:63
76:USA
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387:^
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
