Nature of the Firm

Nature of the firm

Dave & Buster's (D&B) is an American restaurant and entertainment business headquartered in Dallas, Texas. Each Dave and Busters has a full-service restaurant and a video arcade. As of November 2014, the company has 73 locations across the United States and one restaurant in Canada. The company does not license the D&B concept internationally or domestically. The first Dave & Buster's was opened in Dallas in 1982 by David Corriveau and James "Buster" Corley. In 1989, Edison Brothers Stores purchased a majority ownership in the restaurant to finance further expansion into other cities. Dave & Buster's was spun off from Edison Brothers, and went public with Andy Newman as chairman in 1995.

Dave and Buster's Historical Background

Dave and Buster's Historical Background

In the 70's in Little Rock, Arkansas, two establishments existed side by side in location but with different concepts. Inside the classic setting of the Missouri Pacific Train Station, two very different establishments enjoyed a brisk trade. A man named Buster ran a favorite watering hole. Buster's restaurant boasted casual elegance, warm historic ambience and wonderful eclectic food served up by some of the friendliest people in town. Next door, another man was also enjoying a bustling business. Dave ran "Slick Willy's World of Entertainment." Here people were almost irresistibly drawn by his selection of outrageous fun and games for big people. These two young entrepreneurs and neighbors became fast friends.

Dave & Buster’ s Entertainment, Inc. owns and operates venues that combine dining and entertainment for adults and families in North America. Its venues offer a menu of ‘ Fun American New Gourmet’ entrees and appetizers, as well as a selection of non-alcoholic and alcoholic beverages; and an assortment of entertainment attractions centered on playing games and watching live sports, and other televised events. The company operates its venues under the Dave & Buster’ s and Dave & Buster’ s Grand Sports Cafe names. As of June 8, 2015, it owned and operated 76 venues in 30 states and Canada. Dave & Buster's Entertainment, Inc. was founded in 1982 and is headquartered in Dallas, Texas.