industry restaurants steakhouses founded 1964 1964 headquarters sherman oaks california united states number of locations 46 key people stuart anderson founder christopher ames current ceo revenue 413 million in 2007 owner versa capital management website www.blackangus.com black angus steak and seafood restaurant is an american restaurant chain specializing in steaks that is based in los altos california . 1 2 3 the chain was founded april 3 1964 by stuart anderson of seattle washington . 4 5 contents 1 history 2 cultural references 3 references 4 external links history edit stuart anderson founded the black angus steakhouse chain in 1964 . 4 saga acquired black angus in 1972 . 6 marriott acquired saga in 1987 and sold several of the saga restaurants to american restaurant group . 7 in 1995 the chain had 101 restaurants and reported revenue of 244 million . 8 in 1999 the overall parent company s profits were steady at 104.7 million but higher for the black angus chain . 9 by 2001 there were 103 black angus restaurants in 13 states and each restaurant had approximately 75 employees and served an average of 3 000 customers weekly . 4 by 2004 the number had fallen to 93 black angus and cattle company restaurants in 10 states with 57 units in california . 3 in september 2004 american restaurant group filed for chapter 11 bankruptcy protection for black angus steakhouse . black angus was indebted approximately 202 million and had in 2003 reported revenue of 276.6 million resulting in a net loss of 32.5 million . the bankruptcy proceeded concurrently with an effort to re brand and remodel the chain . 2 on january 15 2009 american restaurant group itself filed for chapter 11 bankruptcy protection . 10 black angus steakhouse was purchased by versa capital management inc. in march 2009 . 5 as of july 2016 there are 46 black angus locations with 31 in california . 11 on june 6 2016 stuart anderson died at age 93 at his home in rancho mirage california . 12 cultural references edit in the late 1990s and early 2000s black angus had a television ad campaign featuring travis a grizzled cowboy urging numerous urbanites to dine at the restaurant . comedian patton oswalt poked fun at the ads apparent aggressiveness in a well known humorous riff included on his 2003 album feelin kinda patton . references edit american restaurant group inc. company profile from hoover s a b andrew f. hamm april 1 2005 . black angus beefs up image as it readies bankruptcy exit . san jose business journal . retrieved 2010 05 05 . a b julie tamaki september 29 2004 . steakhouse owner to reorganize . la times . retrieved 2010 05 05 . a b c renee canada november 1 2000 . black angus founder will discuss hiring . archived san jose mercury news . the campbell recorder . retrieved 2010 05 05 . a b mai hoang april 18 2010 . steakhouse celebrates four decades section header . yakima herald republic . retrieved 2010 05 06 . he s out to pasture but not happy about it newport beach firm acquires restaurant chains from marriott offers for black angus . la times . december 24 1996 . retrieved 2010 05 05 . profits steady at restaurant group . la times . august 5 1999 . retrieved 2010 05 05 . owner of black angus steakhouse files for bankruptcy http www.blackangus.com location http www.seattlepi.com news us article black angus steakhouse founder stuart anderson 7971914.php external links edit official website prime club retrieved from https en.wikipedia.org w index.php title black angus steakhouse & oldid 740410180 categories restaurant chains in the united statessteakhouses in the united statesrestaurants in californiacompanies based in santa clara county californialos altos californiarestaurants established in 19641964 establishments in californiaprivately held companies based in californiacompanies that filed for chapter 11 bankruptcy in 2004 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 20 september 2016 at 22 11 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view