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SBJ/October 10-16, 2011/Facilities
Packers food contract goes on the table
Published October 10, 2011, Page 3
Officials with 10 firms, including Levy Restaurants, the Packers’ current food provider, met with the team during the first weekend in October, toured the stadium and attended the Broncos-Packers game. Levy has held the contract since the 2002 season, one year before Lambeau’s $295 million renovation project was completed. Its 10-year deal expires June 30, said Chris Bigelow, the consultant managing the process for the club.
With more NFL teams using stored-value tickets and gift cards to pay for concessions, it
The Lambeau Field food business includes catered events at the Atrium (top) and the sports bar Curly’s Pub.
In addition, the Packers want to upgrade some food stands in the seating bowl that still do not accept credit card transactions, he said.
Major league concessionaires view Lambeau Field as a marquee account because of its history and tradition and the revenue it generates every year from 10 sold-out games, plus the playoffs, which the Packers have made five times in Levy’s nine seasons. For fiscal 2010, the Packers, the NFL’s only publicly held team, reported about $6 million in net revenue from concessions and parking revenue. The Packers do not separate food income in their annual report, team spokesman Aaron Popkey said.
A big piece of the stadium’s food business comes from catering special events in the Lambeau Field Atrium, a building with banquet space that opened in 2003 as part of the stadium renovation. The Packers reported about $58 million in sales and marketing revenue in 2010, a figure that covers 600 to 800 atrium functions annually, Connolly said.
The atrium also contains Curly’s Pub, a sports bar and restaurant operated by Levy.
“It is a year-round operation, no question about it,” Bigelow said.
Based on Lambeau’s business model, Bigelow said he would not be surprised if all 10 firms submitted proposals. With such a large group, normally a few firms drop out before investing thousands of dollars to develop those documents.
Proposals are due in mid-November, and the Packers expect to make a decision late in the season, Connolly said.