As of Jun 7, 2017, the company operated 170 restaurants, including 85 Luby's Cafeterias, 72 Fuddruckers restaurants, 6 Luby's and Fuddruckers side-by-side locations, 8 Cheeseburger in Paradise restaurants, and 1 Bob Luby's Seafood Grill, and franchised 112 Fuddruckers locations across the US and 8 other countries.

In fiscal 2016, the company closed 2 Luby's Cafeterias and opened 3 and closed 3 Fuddruckers restaurants, while franchisees opened 13 new Fuddruckers locations. During the first half of fiscal 2017, the company opened 3 new Fuddruckers restaurants and closed 2 Luby's Cafeterias and 4 Fuddruckers restaurants. The company expects franchisees to open 30 new Fuddruckers by the end of fiscal 2018.

At year-end, of the 173 company-operated restaurants, 91 were located on property that the company owned and 82 were located on property that was leased. Of the 82 restaurants leased, 8 have leases that expire in less than a year, 47 expire between 1 and 5 years, 27 expire thereafter, and 67 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.

TTM20162015201420132012
Company-operated restaurants170175177174176154
Company-operated restaurant growth-4.5%-1.1%1.7%-1.1%14.3%-2.5%
Franchised restaurants112113106110116125
Franchised restaurant growth-1.8%6.6%-3.6%-5.2%-7.2%2.5%
Systemwide restaurants282288283284292279
Systemwide restaurant growth-3.4%1.8%-0.4%-2.7%4.7%-0.4%
Avg restaurant gross sq ft8,1007,0007,0007,0007,0007,100
Avg restaurant gross sq ft growth1.3%0.1%-0.5%1.2%-1.5%0.2%

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