As of Dec 20, 2017, the company operated 163 restaurants, including 82 Luby's Cafeterias, 62 Fuddruckers restaurants, 6 Luby's and Fuddruckers side-by-side locations, 7 Cheeseburger in Paradise restaurants, and franchised 111 Fuddruckers locations across the US and 8 other countries.

In fiscal 2017, the company closed 3 Luby's Cafeterias and closed 4 net Fuddruckers restaurants. During the first quarter of fiscal 2018, the company closed 3 net Fuddruckers restaurants. The company expects franchisees to open 30 new Fuddruckers by the end of fiscal 2018.

At year-end, 87 restaurants were located on property that the company owned and 76 were located on property that was leased. Of the 75 restaurants leased, 5 have leases that expire in less than a year, 51 expire between 1 and 5 years, 19 expire thereafter, and 62 have extension options.

Luby’s Cafeterias typically average approximately 9,800 square feet, and have seating capacity for 250 to 300 customers. Fuddruckers locations traditionally ranged from 5,000 to 7,000 square feet, but the new prototype is for a freestanding building or in-line location ranging from 3,400 to 3,500 square feet, and generally seating 125 to 200 customers. Cheeseburger in Paradise locations average about 6,800 square feet, and generally seat 180 to 220 guests.

Company-operated restaurants163167175177174176
Company-operated restaurant growth-5.8%-4.6%-1.1%1.7%-1.1%14.3%
Franchised restaurants111113113106110116
Franchised restaurant growth-1.8%0.0%6.6%-3.6%-5.2%-7.2%
Systemwide restaurants274280288283284292
Systemwide restaurant growth-4.2%-2.8%1.8%-0.4%-2.7%4.7%
Avg restaurant gross sq ft8,2007,0007,0007,0007,0007,000
Avg restaurant gross sq ft growth1.9%0.5%0.1%-0.5%1.2%-1.5%

Notes:Reflects the acquisition of Fuddruckers in Dec 2010 and Cheeseburger in Paradise in Dec 2012