 | |
| Company type | Private until 1968 public offering; subsequently went private in a 1982 leveraged buy out |
|---|---|
| Industry | Dining |
| Founded | 1933 |
| Defunct | 2000 |
| Fate | Sold off assets to private investors |
| Headquarters | Newton, Massachusetts |
Key people | Donald Valle, Richard Valle, Judith Valle, and Arthur W. Hanson |
| Products | Valle's Steak House specialized in prime steaks and lobsters |
| Revenue | $69.5 million in 1981 (peak earnings) |
Number of employees | 3,600 |
Valle's Steak House was an American chain of restaurants that operated on the East Coast of the United States from 1933 to 2000. The chain's menu focused on steaks and lobsters. A family-run business, Valle's aggressively expanded during the early 1970s but was unable to weather the financial challenges of the gas crisis and the resulting economic downturn; increasing labor costs, the death of its founder, and the changing dining habits of its customers. The last Valle's Steak House closed in August 2000.[1]
- ^ "Call Box: Valle's Steak House leaves lasting taste". Jacksonville. 24 October 2013. Retrieved 11 June 2021.