September 2019

Coastal Restaurants and Bars (CRAB) Group Takes Ownership of Old Oyster Factory Restaurant, Announces Fundraiser for Bahamas

Author: CH2 Press Release

Hilton Head Island, SC, September 6, 2019: The Old Oyster Factory restaurant has officially joined Coastal Restaurants and Bars (CRAB) family of restaurants.

Coastal Restaurants and Bars is a local, family-owned company, primarily by the Kennewegs and Reilleys, dating back to 1973, when Peter Kenneweg opened The Hofbrauhaus Restaurant. Today they have 10 restaurants including The Old Oyster Factory, The Crazy Crabs at Jarvis Creek and Harbour Town, Reilley’s Grill and Bar and the North End Pub, Aunt Chilada’s Easy Street Café, The Boardroom, Carolina Crab Company, Fishcamp on Broad Creek and Fishcamp on 11th Street at The Port of Port Royal. There are multiple partners involved including Peter and Karen Kenneweg, Tom and Diane Reilley, Faye Jamison, David and Laura Reilley, Keith Reilley, Erin and Jamie Booth, Courtney and Brody Kenneweg, Shawn Ross, Brendan and Jill Reilley, Sarah Jobbins, Jeff and Lauren Reilley, and Thomas Reilley.

“I would like to thank Ric Peterson for passing the torch and trusting me with taking over one of the Island’s original landmark restaurants. Ric and Sally Peterson, Franz Auer, Bruce Rossmeyer and Dean Laurich built and ran this wonderful restaurant for 30 years. Recently Ric and I were able to reach an agreement to transition The Old Oyster Factory to become a member of the Coastal Restaurants and Bars family. Today we are able to finalize that transition,” said Brendan Reilley, partner from the CRAB Group.

“I would also like to thank Coastal States Bank for years of banking. Without a local bank like them, we would not have had the growth possible over the past decade. We appreciate you coming to the plate again and helping to get this deal finalized. Ryan Ott, with South State Bank, has been great to work with and the acquisition would not have been possible without you and your team. As we continue to grow, we look forward to a long banking relationship with both of you. Jeff Reilley, our family attorney and now a partner in his first restaurant, thank you for staying late Tuesday and putting in all the legal work so we could close on time, especially during a hurricane evacuation,” added Reilley.

“This is a great day for our company, and we are also feeling blessed the we were spared from Hurricane Dorian’s destruction. Our hearts hang heavy for the people of the Bahamas. We hope you all keep the Bahamians in your prayers as they start to rebuild. We will be donating all oyster sales from our first week of business to support the Bahamian people. Come enjoy some oysters while helping us send some needed funds to the Bahamas. We look forward to meeting all the regulars from The Old Oyster Factory and hope to see all our loyal CRAB customers over at the OOF. Starting tonight $.50 shrimp and oysters are back and happy hour is extended until 7:00 PM,” said Reilley.

The Old Oyster Factory is located at 101 Marshland Road on Hilton Head Island. Locals and visitors alike have been enjoying the panoramic views of the marshland landscape and the Broad Creek since 1989. They serve dinner nightly from 4:45pm. More information can be found by visiting OldOysterFactory.com.

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