2150 Us Highway 127 S
Danville, KY 40422

Cheddar's Scratch Kitchen, a fast casual restaurant with 165 locations across 28 states, was recently purchased by Darden Restaurants (NYSE:DRI) for $780 Million. Darden is an American multi-brand operator that owns popular brands such as Olive Garden, LongHorn Steak House, Eddie V's Prime Seafood, The Capital Grill and Yard House. Following the news of the acquisition, Darden shares increased by 7.8% in after-hours trading and the stock price has steadily been progressing from $81.50 per share towards $84.00 per share (as of 3/31/17). Darden's CEO, Gene Lee, explained during a conference call with multiple media outlets that "Cheddar's is an undisputed casual dining value leader with broad appeal and strong average restaurant volumes." Cheddar's Scratch Kitchen was founded in 1979 by Aubrey & Doug Rogers, who believed that fresh cooked meals tasted better and also made their customers feel better. The City of Danville, in Boyle County, KY is a thriving community of 16,292 on the southern edge of Kentucky's famed Bluegrass Region. The City is blessed with an abundant water supply, highly efficient roads and infrastructure, and a well-educated workforce. Danville, located less than an hour from Lexington, is home to several historic attractions including Perryville Battlefield, Constitution Square and more, and features fun festivals and events such as the Great American Balloon Race. Residents also enjoy outdoor opportunities, quality schools, charming neighborhoods and several health-care centers. Residents here have taken great steps to preserve many of the historic buildings that create a unique downtown area. In 2011, Money magazine placed Danville as the fourth-best place to retire in the United States