Very Rare SIZZLER RESTAURANTS Working Proof

Product Details

Company
Sizzler International, Inc.

Certificate Type
Working Proof for the company's Common Stock

Time Period
1990's

Printer
American Bank Note Company

Format & Approximate Size
This proof is housed in a traditional 12" x 8 1/2" cardboard folder. The proof is protected by a "flip up" clear protective/editing layer and is adhered to the folder itself.

Images
You will receive the exact proof pictured as it is the only one of it's kind. The first image shows the full flip up folder with the proof at the bottom with the protective plastic editing layer atop the piece. The second image shows the proof with the editing layer flipped up and out of the way.

Guaranteed Authentic
Yes

Additional Details
Historic document dating back to the 1990's from this restaurant icon.

Sizzler was founded in 1958 as Sizzler Family Steak House by Del and Helen Johnson in Culver City, California. At its peak, the chain was composed of more than 270 locations throughout the U.S. Most of Sizzler's U.S. locations are in the West.

In the late 1970s and early 1980s, Sizzler promoted steak and combination steak dinners with an optional salad bar. The restaurant wanted to give customers the feel of a full-service restaurant at a price slightly more than a fast food chain. To control costs, many restaurants had in-house meat cutters who would cut steaks and grind beef.

Into the early to mid-1980s, competition appeared: Ponderosa Steakhouse and Bonanza Steakhouse. After promotions, such as all-you-can-eat fried shrimp, the chain expanded its salad bar into a full buffet promoted as the "Buffet Court". Patrons began to use the buffet as a meal instead of an add-on to an entree. In response, Sizzler lowered the quality in other menu areas. Customers took notice, and Sizzler's reputation suffered.

Sizzler filed for Chapter 11 bankruptcy in 1996 ("to escape costly leases on unprofitable restaurants"), and closed over 130 of its locations. The company reemerged from Chapter 11 in 1997. During the late 1990s, new management upgraded the quality of food and increased prices. Twenty-one locations closed in 2001. Sizzler began an image makeover around 2002. A new restaurant concept was created, featuring a lighter and more open dining room. The changes were accompanied by a new menu. In an effort to return to its roots, Sizzler emphasized steaks, seafood, and the salad bar. While the all-you-can-eat buffet was phased out in some locations, it remained in many others.

In the 1990s, Sizzler ran upscale locations with the Buffalo Ranch Steakhouse brand.

Sizzler was sold to Pacific Equity Partners, an Australian-based investment firm, in 2005