Item 2. Properties
ITEM 2. PROPERTIES
Our home office headquarters and warehouse facilities are located on approximately 90 acres of land owned by the Company in Lebanon, Tennessee. We use approximately 260,000 square feet of office space for our home office headquarters and decorative fixtures warehouse. We lease our retail distribution center, which consists of approximately 370,000 square feet of warehouse facilities and an additional approximately 10,000 square feet of office and maintenance space. We also lease an additional distribution center of approximately 52,000 square feet in Lebanon, Tennessee. This additional distribution center is primarily used for ecommerce fulfillment and overflow retail storage. We also lease 105,000 square feet located in Mount Juliet, Tennessee, which is used for overflow storage for retail merchandise and supplies.
We lease office space for our MSBC headquarters which consists of approximately 15,000 square feet. In addition to the various corporate facilities, we have two owned properties for future development, a motel used for housing management trainees and for the general public, and two parcels of excess real property and improvements that we intend to sell.
34
Table of Contents
In addition to the properties mentioned above, we own or lease the following store properties (including both our 657 Cracker Barrel Old Country Store locations and 68 locations for our MSBC locations) as of September 12, 2025:
State
Owned
Leased
State
Owned
Leased
Tennessee
29
30
Oklahoma
6
2
Florida
31
50
New Jersey
0
6
Texas
19
49
California
0
5
Georgia
26
27
Kansas
3
2
North Carolina
17
25
Colorado
3
2
Kentucky
22
17
Wisconsin
5
0
Ohio
22
14
Massachusetts
0
4
Alabama
19
16
New Mexico
1
3
Virginia
15
20
Utah
4
0
Indiana
20
8
Idaho
2
1
South Carolina
13
15
Iowa
3
0
Pennsylvania
8
17
Nevada
0
3
Illinois
19
2
Connecticut
1
1
Missouri
13
4
Montana
2
0
Michigan
12
3
Nebraska
1
1
Arizona
2
12
Delaware
0
1
Mississippi
9
4
Minnesota
1
0
Arkansas
5
7
New Hampshire
1
0
Louisiana
8
2
North Dakota
1
0
Maryland
3
6
Rhode Island
0
1
New York
8
1
South Dakota
1
0
West Virginia
3
6
358
367
We believe that our properties are suitable, adequate, well-maintained and sufficient for the operations contemplated. See “Operations” and “Store Development” in Item 1 of this Annual Report on Form 10-K for additional information on our properties.