In an industry where more than two-thirds of the new entrants fail within the first year and a geographic market that is recognized as a hotbed of competition, the Southern Californian restaurants, Hennessey's, have proven to be a resounding success - demonstrating atypical longevity and prosperity.
Since being founded in 1976 by Paul Hennessey, an entrepreneurial former Wall Street stock trader, Hennessey's Tavern, Inc. has grown from a single location in Hermosa Beach, Calif. into a diversified group spread throughout Southern California and Las Vegas that today includes: 10 Hennessey's Tavern and H.T Grill operations, as well as the renowned Lighthouse Cafe jazz club and The Fish Bucket & Mickie Finnz - casual "beachy" concepts, along with a Live Music Venue and Brass the Lounge, downtown Las Vegas.
The company's sales have risen rapidly, as well, since its early days. Hennessey's Tavern, Inc. projects total revenues for 2011 to exceed expectations, given the still down economy.