City councils approve budgets, tax rates for fiscal year 2009-10
City councils approve budgets, tax rates for fiscal year 2009-10
City councils approve budgets, tax rates for fiscal year 2009-10
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Courtesy Stockade Companies<br />
Business Profile Stockade Companies Taylor<br />
Stockade Companies CEO Tom Ford inside the Taylor Sirloin Stockade, 3607 N. Main St.<br />
By Beth Wade<br />
Tom Ford worked as a dishwasher in<br />
the first Sirloin Stockade in Oklahoma<br />
<strong>City</strong>. He eventually bought the restaurant,<br />
and in 2004 he bought a majority share of<br />
the restaurant’s management company,<br />
Stockade Companies.<br />
“[The company] has trans<strong>for</strong>med and<br />
been bought out by different people at different<br />
times,” Vice President of Marketing<br />
Pat Patterson said.<br />
William Keele opened the first restaurant<br />
in 1966, and after 33 <strong>year</strong>s the<br />
company has expanded to include Montana<br />
Mike’s and Coyote Canyon. With<br />
three other partners and 19 corporate<br />
employees, Ford manages 89 restaurants<br />
throughout eight states and Mexico.<br />
Stockade Companies was headquartered<br />
in Hutchinson, Kan., until 2008 when Ford<br />
decided to move it closer to his home in<br />
Thrall, where he owns a ranch.<br />
“He didn’t want to interrupt [the company’s<br />
operations],” Patterson said. “We<br />
had people hired that lived in Hutchinson<br />
or moved to Hutchinson, and it was<br />
like, ‘Don’t screw it up.’ Over time they<br />
decided that they would like to have the<br />
company closer to home.”<br />
Another factor <strong>for</strong> the move was that<br />
Ford was in the process of building the newest<br />
Montana Mike’s in Georgetown and had<br />
just built a new Sirloin Stockade in Taylor.<br />
“It made sense <strong>for</strong> us to be here, so if<br />
we invited potential, new franchisees [we<br />
could] showcase our newest restaurants<br />
or those two new concepts, rather than<br />
up in Kansas where we … had converted<br />
old Mike’s [restaurants] and old Sirloins<br />
that weren’t like what we are doing today,”<br />
Patterson said.<br />
Over several months in 2008 the company’s<br />
employees began making the transition<br />
to Taylor. While most work from the Taylor<br />
office, some employees are still in Hutchinson<br />
and others work from their homes<br />
traveling to various restaurant locations.<br />
Along with Stockade Companies, Ford,<br />
and his son, Monte, own eight Sirloin<br />
Stockades and seven Montana Mike’s<br />
restaurants in Texas through T. Ford<br />
Enterprises and Ford Tex Operating.<br />
The original Stockade opened as a steak<br />
house. Over time the salad bar concept<br />
became popular, and what started as a<br />
salad bar, Patterson said, led to the buffet<br />
with entrées and sides. Each restaurant<br />
varies what it offers, he said.<br />
As the company grew to include other<br />
franchised Sirloin Stockades, it passed<br />
through different owners’ hands, and<br />
in 1998 the company opened its first<br />
Montana Mike’s. The vision of Montana<br />
Mike’s was to take the company’s knowledge<br />
of steak and create a full-service,<br />
sit-down restaurant.<br />
The idea to offer an all-inclusive buffet,<br />
where the price includes all-you-can-eat<br />
steak, drink and buffet, was later suggested,<br />
and Coyote Canyon began in 1999 to test<br />
the concept. The all-you-can-eat steak idea<br />
worked and was incorporated into the<br />
Stockade concept in various <strong>for</strong>ms.<br />
The company has continued to grow,<br />
but Ford and his partners are not in a<br />
hurry to do so, Patterson said.<br />
“We are not trying to build 50 restaurants<br />
in the next <strong>year</strong>,” he said. “We<br />
would be incapable of supporting the<br />
franchisees to do that. We don’t have<br />
enough people here. We are not going to<br />
do any more than three or four a <strong>year</strong>. If<br />
we do, we would not be doing justice to<br />
the franchisees. And that is important.”<br />
Restaurant locations<br />
Sirloin Stockade, Montana Mike’s and Coyote<br />
Canyon restaurants are located in:<br />
Illinois<br />
Indiana<br />
Iowa<br />
*There are 26 Sirloin Stockade restaurants in Mexico<br />
95<br />
Kansas<br />
Kentucky<br />
Mexico*<br />
Porter St.<br />
4th St.<br />
3rd St.<br />
2nd St.<br />
Stockade Companies<br />
113 E. Third St.<br />
352-5030<br />
www.stockadecompanies.com<br />
Missouri<br />
Oklahoma<br />
Texas<br />
N<br />
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