Construction has begun for Bennigan’s On The Fly in north Peoria with plans to open in late summer or early fall.
The company declared bankruptcy in 2008 but is seeing a resurgence.
A franchise agreement between Legendary Restaurant Brands and Leo Nguyen has been executed to bring this model of Bennigan’s that offers a more convenient to-go option with less seating than a traditional Bennigan’s.
There had previously been plans for a BurgerIM at this location, Lake Pleasant Parkway and Hatfield Road.
“I was searching for a well-established and renowned brand to join, and Bennigan’s unique culture and visionary strategy jumped out at me,” Mr. Nguyen said in a news release. “I was drawn to their highly personal yet extensive support and training. Coupled with their franchise model and compelling unit economics, Bennigan’s became the clear cut winner for me. The guidance Bennigan’s has provided throughout this process really makes me believe there’s never been a better time to be a part of the Legendary franchise family.”
Legendary Restaurant Brands Chairman and CEO Paul Mangiamele has remained focused on increasing growth by offering support to those who need it, according to the release. Along with Mr. Nguyen, Mr. Mangiamele is working with other abandoned franchisees that have been left with leases, buildings and equipment while lacking any franchisor support, to offer the opportunity to join Legendary Restaurant Brands by opening their own Bennigan’s, Bennigan’s On The Fly or Steak & Ale.
“Despite the tremendous headwinds, the deep emotional connections to Bennigan’s and Steak and Ale remain stronger than ever,” Mr. Mangiamele said.