Tony’s of Lexington

What Tony’s of Lexington does

Tony's of Lexington is a fine-dining steakhouse located at 401 West Main Street in Lexington, Kentucky, operating as the second location of the Tony Ricci restaurant group, which also includes Tony's of Cincinnati (est. 2010), Tony's of Indianapolis (2018), and Tony's of Bowling Green (2023). The restaurant serves dinner Sunday through Thursday from 5:00 pm to 9:00 pm and Friday through Saturday from 5:00 pm to 10:00 pm, offering a full dining menu of USDA prime steaks ($69–$99), fresh seafood, pasta, appetizers and sides, a separate bar menu, and an award-winning wine list recognized by Wine Spectator. The business also runs a private dining program with four package tiers priced from $95 to $135 per person and sells gift cards in $50–$500 denominations redeemable across all four group locations.

The company monetizes through three primary streams: dine-in food and beverage sales to walk-in and reservation-based guests, private dining events for corporate and personal occasions, and gift card e-commerce via its own website. Customer acquisition is driven by the restaurant's website, OpenTable integration for online reservations, Tripleseat for private event lead capture, and word-of-mouth reputation supported by national recognition including OpenTable and Tastingtable.com top-steakhouse designations. The operation is owner-led by Tony Ricci, with the group operating as a privately held, family-founded business with no disclosed external investors or parent company.

Name

Tony’s of Lexington

Legal name

Tony's of Lexington

Website

https://tonysoflexington.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Tony's of Lexington is a privately held, owner-operated fine-dining steakhouse in Lexington, Kentucky, part of a four-location Tony Ricci restaurant group. It serves USDA prime steaks, seafood, and an award-winning wine list to individual diners and private event guests.

Ownership category

akta.pro rank

Product category

Fine Dining Steakhouse Restaurant

NAICS

Restaurants and Other Eating Places (72251)

SIC

Retail-Eating & Drinking Places (5810)

akta.pro primary industry

Steakhouses & Seafood Restaurants (THAFACAE)

akta.pro secondary industry

Fine Dining Restaurants (THAFACAA)

Keywords

• Fine dining restaurant
• Steakhouse dining
• Private event catering
• Wine list program
• Upscale Italian steakhouse

Headquarters

HQ city

Lexington

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Dine-in Food and Beverage Sales: Traditional restaurant revenue from serving food and beverages to dine-in customers. The restaurant offers a full menu including steaks, seafood, pasta, salads, and an extensive wine list. Operating hours are Sunday-Thursday 5pm-9pm and Friday-Saturday 5pm-10pm.
2. Gift Card Sales: The restaurant sells gift cards in denominations of $50, $100, $150, $200, $300, and $500. Gift cards can be used at all Tony's locations (Cincinnati, Lexington, Indianapolis, and Bowling Green). Gift cards are mailed via USPS and take 5-12 days for delivery.
3. Private Dining Events: Revenue from hosting private dining events with curated menu packages ranging from $95 to $135 per person. The restaurant offers four package tiers with varying menu options including hors d'oeuvres, salads, entrées, and desserts. Additional à la carte options for carving stations and specialty platters are also available.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels2 records

Core offering

Tony's of Lexington operates as an upscale steakhouse restaurant offering USDA prime steaks, fresh seafood, Italian-inspired pastas, and an award-winning wine list for in-person dinner service. The restaurant also provides curated private dining event packages priced from $95 to $135 per person, an online gift card program redeemable across all four Tony's locations, and table reservations via OpenTable.

Product overview

Tony's of Lexington is a Tony Ricci steakhouse offering fine dining experiences. The restaurant operates as a single unified restaurant with multiple service offerings: a full dining menu featuring USDA prime steaks and fresh seafood, a bar menu with lighter fare, an extensive award-winning wine list, and private dining packages for events. The restaurant also offers gift cards and accepts reservations through OpenTable. Located in Lexington, Kentucky, the restaurant serves dinner daily with Sunday-Thursday from 5pm-9pm and Friday-Saturday from 5pm-10pm.

Differentiator

Problem solved

Functional benefit

Products and services

• Dining Menu Full-service dinner menu featuring USDA prime steaks (filet mignon, ribeye, New York strip, porterhouse), fresh seafood (Chilean sea bass, lobster tail, shrimp and grits), pasta dishes, appetizers, salads, and sides for dine-in guests.
• Bar Menu Bar-specific menu with lighter fare such as Tony's Double Smash Burger, Korean Style Steak Tacos, Steak Frites, Salmon Salad, and Jumbo Lump Crab Cake for guests seated at the bar.
• Wine List Extensive wine selection recognized by Wine Spectator, including reds, whites, sparkling, rosé, and premium cellar selections from premier regions, available by the glass, half bottle, and full bottle.
• Private Dining Packages Private event hosting with four curated per-person menu packages priced from $95 to $135, including hors d'oeuvres, salads, entrées, and desserts, plus à la carte carving stations and specialty platters for group events and celebrations.
• Gift Cards Restaurant gift cards available in $50, $100, $150, $200, $300, and $500 denominations, redeemable across all four Tony's locations (Cincinnati, Lexington, Indianapolis, Bowling Green), with USPS mail delivery.
• Restaurant Reservations Table reservation booking service for guests wishing to dine at the restaurant, accessed through the OpenTable online reservation platform.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Partnerships

Two partnerships are on record, tiered core and minor.

• OpenTablecoreGTM or Marketing PartnerOpenTable serves as the restaurant's primary reservations platform, enabling customers to book tables online through their website. Tony's of Lexington maintains a direct booking link through the OpenTable system at https://www.opentable.com/restaurant/profile/152776/reserve.
• Weisenberger MillminorOthersSix-generation family-owned and operated mill in central Kentucky providing grits for Tony's Shrimp & Grits dish. The restaurant specifically highlights using Weisenberger Mill products as a local/regional sourcing partnership.

Scale indicators2 records

Recent moves9 records

Expansion highlights4 records

Broad incumbents

• LongHorn Steakhouse: Darden-owned nationwide casual steakhouse chain; broader and lower-priced than Tony's but is the dominant mass-market steakhouse brand competing for entry-level steakhouse diners in the same regions.
• Del Frisco's Double Eagle Steakhouse: Landry's-owned premium steakhouse positioned even higher than Tony's on the price spectrum; serves as an upper-tier comparable for menu pricing, wine program, and private event business.
• The Capital Grille: Darden-owned national premium steakhouse chain with broad geographic coverage; competes for the same affluent special-occasion and business-dinner guests as Tony's with a more national brand footprint.
• Ruth's Chris Steak House: National premium steakhouse brand with broad U.S. footprint and strong private-dining/event business; competes with Tony's on steakhouse quality positioning, private event packages, and upscale dining experience.
• Fleming's Prime Steakhouse: Outback/Bloomin' Brands-owned national upscale steakhouse chain; competes with Tony's for date-night, anniversary, and business-dinner traffic with a similar wine program (Wine Spectator recognized) and private dining focus.
• Morton's The Steakhouse: Landry's-owned national premium steakhouse chain with established presence in major U.S. cities; comparable classic steakhouse menu, wine list, and private event offerings to Tony's.

Direct peers

• Sullivan's Steakhouse: Premium steakhouse chain offering a comparable classic-American-st steakhouse experience with hand-cut steaks, private dining, and an award-winning wine program — directly competes for the same special-occasion and business-dinner customer.
• Eddie Merlot's: Midwest-focused premium steakhouse chain with locations in Ohio, Indiana, and Kentucky — directly overlaps Tony's geographic footprint and core steakhouse offering at similar price points.
• Jeff Ruby's Steakhouse: Multi-location premium steakhouse group operating in Cincinnati, Louisville, Nashville, and Lexington — directly comparable to Tony's of Lexington on concept (USDA prime steaks, live music, upscale dining), price point, and Midwestern/Southeastern footprint.

Regional players

• Bob's Steak & Chop House: Texas-originated premium steakhouse chain; comparable classic American steakhouse concept with similar price points but primarily serves Texas/Southern markets rather than Kentucky/Midwest.

Market position

Strengths4 records

Weaknesses1 record

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/tony%E2%80%99s-of-lexington

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 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 Tony’s of Lexington