The Heritage Restaurant Group has agreed to acquire Caleb & Broad, adding to its expanding roster of Newport establishments.
The news was first reported by The Providence Journal/The Newport Daily News at 5:07 am on Saturday, December 28.
Rich Willis, who founded Caleb & Broad a decade ago, will remain involved in the restaurant’s operations.
“I’m thankful for being able to open and operate a business in a community that I grew up in and love, Willis told What’sUpNewp on Saturday by phone. “It’s been a good ten years. I do look forward to staying on with the company and I’m excited to work with them and grow as a person too.”
Willis confirmed that the staff is staying on board, and the plan is for everything to stay the same as it has been.
Willis provided What’sUpNewp with the following press release;
Heritage Restaurant Group Expands Portfolio
With Caleb & Broad AcquisitionNewport, RI – December 27, 2024 – The Heritage Restaurant Group is thrilled to announce the latest addition to its portfolio with the acquisition of Caleb & Broad, further enhancing its diverse portfolio of restaurants in Newport, Rhode Island. This strategic move underscores the company’s unwavering dedication to providing an array of unique and captivating dining experiences in the region.
Since its inception, Caleb & Broad has been a refreshing addition to Newport’s culinary scene. By offering an innovative menu that deviates from the traditional New England fare, the restaurant has carved its own niche, attracting patrons seeking a unique dining experience.
“When I envisioned Caleb & Broad, our primary goal was clear – create a dining
experience that broke away from the norm,” said owner Rich Willis, who will continue to play a role in the operations at Caleb & Broad. “Joining The Heritage Restaurant Group is an exciting opportunity for Caleb & Broad and its team. Their expertise and resources will allow us to enhance our offerings while staying true to our roots. I am confident that this partnership will preserve what makes Caleb & Broad special as it continues to serve the growing community around us.”With a focus on local cuisine, affordability, and an inviting ambiance Caleb & Broad has quickly become a favorite spot for those looking to enjoy a delightful meal in a relaxed environment. The restaurant’s commitment to being a vibrant eatery in the Broadway community has made it resonate with locals and visitors alike.
“Rich’s vision for Caleb & Broad has not only challenged the status quo in Newport’s
restaurant scene but has also proven that a fresh perspective and innovative approach can create a lasting impact,” said Michael Anderson, spokesperson for The Heritage Restaurant Group. “We are delighted to welcome Caleb & Broad into the Heritage family and are committed to preserving its essence while building on the strong foundation laid by Rich and the great Caleb & Broad staff to set the stage for the restaurant’s continued success.”Caleb & Broad looks forward to welcoming both new and returning guests as it embarks on this journey with The Heritage Restaurant Group. For more information about the menu and upcoming events, please visit https://calebandbroad.com/ or follow us on social media.
About The Heritage Restaurant Group:
The Heritage Restaurant Group is dedicated to delivering exceptional dining experiences across its portfolio of restaurants. With a focus on quality ingredients and outstanding service, the group is committed to supporting local communities and fostering culinary excellence.
The acquisition adds to Heritage’s growing and significant presence in Newport’s hospitality sector. Heritage, which shares ownership with Audrain Auto Museum and Audrain Hospitality, now boasts a portfolio of at least 19 businesses across the area.
The next largest restaurant group, employee-owned Newport Restaurant Group, operates nine restaurants in Newport County: 22 Bowen’s, Aurelia at Castle Hill, Bar ‘Cino, Boat House Restaurant, Castle Hill Inn, Foodlove Market, La Vecina Taqueria, The Mooring, and Smoke House.
Despite Heritage Restaurant Group’s growing influence, obtaining comprehensive information about its operations remains challenging. Heritage has consistently declined to share press releases or respond to inquiries from What’sUpNewp.
This lack of transparency has led to difficulties in fully understanding the extent of Heritage’s holdings, which are managed through various operating LLCs.
As Heritage continues to grow its presence in Newport, questions arise about the impact on the local culinary scene. Consolidating multiple establishments under one umbrella could potentially influence menu offerings, pricing, and the overall dining experience in the city.
As Newport’s restaurant landscape evolves, the Heritage Restaurant Group’s expanding portfolio positions it as a significant player in shaping the city’s future.
What’sUpNewp has contacted Heritage Restaurant Group for comment.
Heritage Restaurant Group, through associated legal entities Audrain Hospitality and 1899 LLC, now have at least the following in its portfolio:
- A Mano Pizza & Gelato
- Audrain Automobile Museum
- Audrain Motorsport Clubhouse
- Audrain Park Place
- Brick Alley Pub
- Caleb & Broad
- Cluck Truck
- Easton’s Beach Concessions
- Flo’s Clam Shack
- Hilltop Inn
- KEEL Vodka
- La Costa Lobster Rolls & Tacos
- La Forge Casino Restaurant
- Newport Craft Brewing & Distilling
- Newport Lobster Company
- The Red Parrot
- The Reef
- Wally’s Weiners
- Wiener Wagon
