Ten Prime Steak & Sushi

What Ten Prime Steak & Sushi does

Ten Prime Steak & Sushi is a single-location upscale restaurant operating at 55 Pine Street in Providence, Rhode Island, founded in 2001 and operating under the Chow Fun Food Group, a multi-brand restaurant operator. The concept combines a USDA Prime steakhouse program with a sushi and sashimi offering, marketed as "Rhode Island's #1 Steakhouse." The restaurant serves the Providence consumer market across dine-in, online ordering, and private events, with a six-day operating week (closed Sundays) and extended Friday/Saturday hours.

The business generates revenue through multiple streams: in-restaurant dining with steaks priced $34-$132 and sushi priced $18-$28; a discounted Social Hour menu; online ordering through ToastTab; private event bookings; gift cards distributed through the parent Chow Fun Food Group; and a VIP Rewards loyalty program that accrues 1 point per dollar spent, redeemable at 500 points for a $35 credit. The team of 11 employees is led by General Manager David J. Mitcham and Executive Chef Brittany Muggle. The technology stack is limited to standard restaurant POS and ordering tooling; no proprietary platform, AI/ML capability, or unique digital infrastructure is disclosed.

Name

Ten Prime Steak & Sushi

Legal name

Ten Prime Steak & Sushi

Website

https://tenprimesteakandsushi.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

Ten Prime Steak & Sushi operates a single upscale steakhouse and sushi restaurant at 55 Pine Street in Providence, Rhode Island, founded in 2001 under the Chow Fun Food Group. It serves Providence-area consumers with USDA Prime steaks, sushi, private events, and a loyalty rewards program.

Ownership category

akta.pro rank

Product category

Upscale Steakhouse and Sushi Restaurant

NAICS

Full-Service Restaurants (722511), Restaurants and Other Eating Places (72251), Food Services and Drinking Places (722)

SIC

Retail-Eating Places (5812), Retail-Eating & Drinking Places (5810)

akta.pro primary industry

Steakhouses & Seafood Restaurants (THAFACAE)

akta.pro secondary industry

Fine Dining Restaurants (THAFACAA)

Keywords

• Steakhouse restaurant service
• Sushi and sashimi
• Private event catering
• Fine dining restaurant
• Happy hour bar

Headquarters

HQ city

Providence

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Dine-in Service: Full-service restaurant revenue from dine-in customers ordering appetizers, entrees, sides, desserts, and beverages including cocktails, wine, and beer. Average check size varies by item selection with steaks ranging from $34-$132 and specialty sushi rolls from $18-$28.
2. Takeout and Delivery: Online ordering through ToastTab platform for takeout and delivery orders, generating revenue from food preparation and service outside the dine-in experience.
3. Private Events: Revenue from hosting private events and large parties, with dedicated event booking capabilities mentioned on the website.
4. Gift Cards: Gift card sales through Chow Fun Food Group platform, redeemable at all group restaurants including Ten Prime Steak & Sushi.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Ten Prime Steak & Sushi is an upscale steakhouse and sushi restaurant located at 55 Pine Street in Providence, Rhode Island. Founded in 2001, the restaurant operates as part of the Chow Fun Food Group and offers fine dining featuring premium steaks, sushi, and sashimi. The venue also accommodates private events and operates a social hour bar program.

Product overview

Ten Prime Steak & Sushi is a single-location upscale restaurant operated by Chow Fun Food Group, combining a traditional steakhouse with a Japanese sushi bar. The core offering is the full-service dining room at 55 Pine Street, Providence, which serves certified Angus and Wagyu steaks, designer sushi rolls, and composed plates. Ancillary services include a VIP Rewards loyalty program, private event booking, Social Hour bar specials, a curated wine list, third-party online ordering via Toasttab, and Chow Fun Food Group gift cards usable across the restaurant group's portfolio.

Differentiator

Problem solved

Functional benefit

Products and services

• Dine-in Restaurant Service Full-service dine-in restaurant offering premium steaks, sushi, sashimi, and a full bar program for individual guests in an upscale Providence, RI setting.
• Private Events Private dining and event hosting service for groups and special occasions at the restaurant's Providence venue.
• Social Hour Bar Program Discounted bar and appetizer offerings during designated social hour periods for walk-in patrons.
• Online Takeout and Delivery Ordering Online ordering service for takeout and delivery through a third-party restaurant platform.
• Gift Cards Physical and digital gift cards redeemable for dine-in, takeout, or delivery purchases at the restaurant.
• VIP Rewards Loyalty Program Customer loyalty program offering rewards and points for repeat diners.

Quantifiable outcome

• 2-3 lbs lobsters available alive and kicking at market price
• +1 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Partnerships

One partnership is on record.

• Chow Fun Food GroupcoreOthersParent company overseeing multiple restaurant brands including Ten Steak & Sushi, Ten Prime Seafood, Xaco Taco, Harry's Bar & Burger, and OZ Tacos & Tequila. Provides centralized operations including gift card platform and VIP Rewards program.

Scale indicators3 records

Recent moves5 records

Expansion highlights2 records

Direct peers

• The Capital Grille: Darden-owned upscale steakhouse with dry-aged steaks, an extensive wine list, and private dining — directly comparable to Ten Prime on menu structure, pricing tier, and celebratory dining use cases.
• Fleming's Prime Steakhouse & Wine Bar: Outback/Bloomin' Brands-owned upscale steakhouse pairing prime steaks with a curated wine program — directly comparable to Ten Prime's pairing of premium steaks and a curated wine list at the same price point.
• Eddie V's Prime Seafood: Darden-owned upscale steakhouse-and-seafood concept. Closely comparable to Ten Prime's hybrid steakhouse-and-sushi format, combining premium surf-and-turf in a fine-dining atmosphere with strong bar and live music programming.
• Del Frisco's Double Eagle Steakhouse: Landry's-owned high-end steakhouse offering prime steaks, seafood, and an extensive wine list in a fine-dining setting. Comparable premium positioning, menu mix, and celebratory dining occasion focus.
• Ruth's Chris Steak House: National upscale steakhouse chain serving USDA Prime steaks in a fine-dining format with private event capabilities. Closest direct competitor in the premium steakhouse category that Ten Prime competes in for celebrations and business dining.
• Ten Prime Seafood: Sibling concept under Chow Fun Food Group focusing on premium seafood. Operates within the same parent portfolio and competes with Ten Prime Steak & Sushi for Providence diners seeking upscale surf-and-turf experiences.
• Providence ChopHouse: Local Providence upscale steakhouse and chophouse. The most direct geographic competitor — competing for the same downtown Providence business, special-occasion, and tourist diners.
• Morton's The Steakhouse: Landry's-owned classic American steakhouse chain specializing in prime steaks and a national fine-dining experience. Competes in the same premium steakhouse category with overlapping customer segments including business diners and special-occasion guests.
• Smith & Wollensky: Iconic American steakhouse brand serving dry-aged USDA Prime steaks and seafood in a clubby fine-dining setting. Comparable on premium positioning, dry-aged steak focus, and special-occasion dining occasions.

Regional players

• Gracie's: Providence fine-dining restaurant offering a seasonal American tasting menu in an upscale setting. Competes with Ten Prime for the same special-occasion and high-end Providence diners at similar price points.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/ten-prime-steak-&-sushi

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ten Prime Steak & Sushi