Bob Stoops/Louie's

[Bigrayok]

When the first Louie's opened on Campus Corner in Norman at the old Town Tavern spot, Bob Stoops invested something like $200,000 with Hal Smith to get the restaurant started. He wanted a place on Campus Corner they could take recruits. Does Bob Stoops have any ownership interest in the other Louie's? If he does he is making a ton of cash just from Louie's.

Bigray in Ok

[BLJR]

My educated guess is that he bout shares in this HSRG restaurant. HSRG sells shares when they open an new venue (each location is independent of others), and then the shareholders recieve a dividend of some sort as long as they have their shares. Ted's is likely an exception to this. I have heard that every HSRG restaurant ever has turned some type of profit and regular dividend to the shareholders, except Welkers/Pub W. That one is the only "inconsistent profit location" as it was explained to me.

[Pete]

Yeah, not sure if Stoops just bought shares in the one Louie's on Campus Corner or if he is an investor in other Hal Smith restaurants as well.