Piccadilly Restaurants is an American chain of cafeteria-style, casual dining restaurants in seven, mainly

southeastern United States The Southeastern United States, also known as the American Southeast or simply the Southeast, is a geographical List of regions in the United States, region of the United States located in the eastern portion of the Southern United States and t ...

with the majority located in the

Gulf Coast The Gulf Coast of the United States, also known as the Gulf South or the South Coast, is the coastline along the Southern United States where they meet the Gulf of Mexico. The coastal states that have a shoreline on the Gulf of Mexico are Tex ...

region. They are owned by Piccadilly Holdings LLC. In addition to its traditional restaurants, Piccadilly operates Piccadilly Emergency Services, which provides meals in emergency and disaster settings, and Piccadilly Food Service, which offers meals for schools, hospitals and government organizations. The company also offers family dining, meals-to-go and catering services.

History

Thomas J. Costas opened the first Piccadilly Cafeteria in 1932 in

Baton Rouge, Louisiana Baton Rouge ( ; , ) is the List of capitals in the United States, capital city of the U.S. state of Louisiana. It had a population of 227,470 at the 2020 United States census, making it List of municipalities in Louisiana, Louisiana's second-m ...

. Tandy Hannibal Hamilton acquired the business from Costas in 1944. Piccadilly expanded in 1998 when it purchased Morrison’s Cafeterias, a major competitor. The move doubled the number of locations to 270, but poor performance led the company to file for bankruptcy in 2003. The company was then purchased by Yucaipa Companies and Diversified Investment Management Group. Piccadilly filed again for

Chapter 11 bankruptcy protection Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, wh ...

in 2012, as it was down to 41 locations. The company was purchased by Falcon Holdings, led by its former CEO Azam Malik, in 2014. In 2018, the company resumed its expansion, opening its first Piccadilly To-Go location in Cordova, Tennessee. In 2019 a "prototype" restaurant designed to lead future growth was opened at Juban Crossing in Denham Springs, LA, near the company's original location in Baton Rouge. As of April 2024, the company operates 29 locations in

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, and

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. On August 16, 2022, K&W Cafeterias president Dax Allred announced the sale of K&W and its 11 locations to Piccadilly.

References

{{reflist Companies based in Baton Rouge, Louisiana Economy of the Southeastern United States Regional restaurant chains in the United States Restaurants established in 1944 1944 establishments in Louisiana Companies that filed for Chapter 11 bankruptcy in 2003 Companies that filed for Chapter 11 bankruptcy in 2012 Cafeteria-style restaurants Louisiana cuisine