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The first Waffle House franchise opened in the Atlanta suburb of Avondale Estates, Ga., in 1955. Phil Mickelson won three BellSouth Classic titles in the Atlanta suburb of Duluth this decade. Other than that, there's not a lot Lefty has in common with the Southeast-based restaurant chain more known for late-night visits by college students looking for an early cure to the inevitable hangover.

But now comes a report out of The Tennesseean that Mickelson (along with Nashville-area businessman Terry Prefanis and Mickelson's agent, Steve Loy) has put in a bid to purchase 105 Waffle House locations. The trio has offered to bail franchisee SouthEast Waffles out of bankruptcy for $20.2 million in cash and payments over time.

The bid has lots of red tape to go through before the sale is complete. But if approved, Mickelson could be part-owner in one of the most famous (some might say infamous) eateries in the country. The 24-hour diner has over 1,500 locations in 25 states and is part of Americana. "The Awful Waffle" has also become a pop culture reference made in songs, comedy routines and even made an appearance in the 1996 golf classic "Tin Cup" (as did Mr. Mickelson.)

The article indicates that while none of the three men have run a restaurant, they're all fans of the venerable establishment and would hire an operator with "significant" experience. The group intends on renovating some of the older stores and eventually expanding. They also believe it's simply a good business opportunity.

Obviously, 2009 has been an eventful year for Mickelson. Becoming part-owner in the home of "scattered, smothered and covered" hashbrowns would be just another chapter ... but a delicious one.

Golfer Phil Mickelson bids on Nashville Waffle House franchisee [The Tennessean]

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189 Comments

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  1. comfortablyNumb
    1. Posted by comfortablyNumb Thu Jul 23, 2009 11:18 am EDT

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    You gotta love it....Pudgy,. buying Waffle House's. All the 5 way hash browns he can eat! Tiger, loves Subway...healther! I can see it now....Waffle House on the side of his bag!
  2. Michael R
    2. Posted by Michael R Thu Jul 23, 2009 11:20 am EDT

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    Phil buying 105 waffle restaurants - that makes complete sense.
  3. Superman
    3. Posted by Superman Thu Jul 23, 2009 11:27 am EDT

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    Good Waffle shot!! Phil, just dont eat it too much, easy on the maple syrup!!
  4. MJ
    4. Posted by MJ Thu Jul 23, 2009 3:01 pm EDT

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    If history is any indicator, this deal will collapse at the last minute.
  5. React2This
    5. Posted by React2This Thu Jul 23, 2009 3:16 pm EDT

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    Hey Phil why dont you buy Chrysler so I can sell my house in this lifetime.
  6. whuteva
    6. Posted by whuteva Thu Jul 23, 2009 3:17 pm EDT

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    They obviously never have eaten at a Waffle house. If they did, then they would know how bad of a deal that is.
  7. racer224
    7. Posted by racer224 Thu Jul 23, 2009 3:17 pm EDT

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    I personally love Waffle House and am really happy that someone wants to save the franchise. Hope everything goes well...Congradulations!!
  8. Ryan S
    8. Posted by Ryan S Thu Jul 23, 2009 3:23 pm EDT

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    [Insert joke about Phil Mickelson's weight here.]
  9. Freddie F
    9. Posted by Freddie F Thu Jul 23, 2009 3:25 pm EDT

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    phil i wish u the best of luck and u r my favorite golfer....i will eat at waffle house espicially if u r the owner
  10. Casper
    10. Posted by Casper Thu Jul 23, 2009 3:26 pm EDT

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    To much money and not enough sense..He should just buy an island. Take Amy and the kids and kick back and enjoy his money. Restaurants are the number one failure in small business. Good luck anyway!!
  11. eddie e
    11. Posted by eddie e Thu Jul 23, 2009 3:30 pm EDT

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    WOW. I'll take mine with cheese.
  12. BK
    12. Posted by BK Thu Jul 23, 2009 3:38 pm EDT

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    can you say choke !
  13. victoria f
    13. Posted by victoria f Thu Jul 23, 2009 3:38 pm EDT

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    Phil, your interest in the Waffle House franchise is just as bad a choice as when you blew the u.s.open. chip out and play for 5! this is a quadrouple bogey at best.
  14. dartchamp180
    14. Posted by dartchamp180 Thu Jul 23, 2009 3:38 pm EDT

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    Go hefty!!!!
  15. eatyoualive
    15. Posted by eatyoualive Thu Jul 23, 2009 3:41 pm EDT

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    beth, do you always kiss this much ass??
  16. eatyoualive
    16. Posted by eatyoualive Thu Jul 23, 2009 3:42 pm EDT

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    a slight stab wound will end my waffle rape.
  17. Honest Abe
    17. Posted by Honest Abe Thu Jul 23, 2009 3:44 pm EDT

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    Hey Phil, peaches and cream on those delicate delights.
  18. Honest Abe
    18. Posted by Honest Abe Thu Jul 23, 2009 3:45 pm EDT

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    and how about a cherry?
  19. awhite41
    19. Posted by awhite41 Thu Jul 23, 2009 3:49 pm EDT

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    thats my buddy phil. a business man. and its funny how all of you haters can only resort to his weight or his mysterious curse with the u.s. open tournament. other than that, phil is one of the greatest golfers of modern day. oh and he's pretty stinkin wealthy. but i guess all of you haters are better than phil.....
  20. dwstxs1969
    20. Posted by dwstxs1969 Thu Jul 23, 2009 3:56 pm EDT

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    mysterious curse? No such thing. he just blew it. That's all. Still though, to be in the running for that long, and at his age, that was something.
  21. Mauni M
    21. Posted by Mauni M Thu Jul 23, 2009 3:59 pm EDT

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    Hemm I could see John Daley making this move. Which if you think about it would be great then they would serve booze 24 hours a day. Yum ! As far as the quality its hard to mess up breakfast food and considering competition is Dennys, Ihop, Golden Corral. its not a bad choice the others have just made it so expensive to have a outta tha house breakfast experience. I wonder if he will change everything to lefty's
  22. Dustin S
    22. Posted by Dustin S Thu Jul 23, 2009 4:04 pm EDT

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    love the waffle house.
  23. paradox62
    23. Posted by paradox62 Thu Jul 23, 2009 4:05 pm EDT

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    Maybe he can go into business with Brett Favre - he'd be a natural for Waffle House! Srsly, good luck slinging the grits, Phil - you're the nicest guy in golf.
  24. Mark K
    24. Posted by Mark K Thu Jul 23, 2009 4:06 pm EDT

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    Who cares???????????
  25. Ron H
    25. Posted by Ron H Thu Jul 23, 2009 4:09 pm EDT

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    Warren Buffett has made a fortune on Coke, See's candies, cigarettes, furnature,
    Dairy Queen, etc. Maybe Phil will make big bucks on waffles......he better hope the
    low carb diet doesn't get popular again.

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