BBQ Holdings was founded with a vision to invigorate great brands and supercharge their long-term growth. In an industry facing increasing disruption, our leaders saw an opportunity to build a restaurant company unlike any other – one that brings together differentiated yet complementary brands and aims to make them stronger than they would be on their own.
BBQ Holdings, the owner of Famous Dave’s and Village Inn, has also been experimenting with various prototypes. The revitalization of Village Inn, a casual dining concept, has been a focus.
MTY Food Group Inc. and BBQ Holdings, Inc. today announced they have entered into a definitive merger agreement under which MTY would acquire all of the issued and outstanding common shares of BBQ Holdings for cash consideration of US$17.25 per BBQ Holdings share representing total transaction value of approximately US$200 million.
Famous Hospitality, Inc. the multi-brand restaurant company behind restaurant concepts such as Famous Dave's, Granite City Food and Brewery, Real Urban BBQ, Village Inn, and Bakers Square completed the acquisition of Barrio Queen, the Phoenix, Arizona-based Mexican fine-dining restaurant, on April 11th for $28 million.
Amid casual-dining companies dipping their feet in the QSR pond with drive-thru/restaurant hybrids, Famous Dave’s has fully committed to the quick-service model with this new store, by flipping a former KFC location into a drive-thru experience of America’s most award-winning BBQ brand.
What makes a restaurant leader worth watching? Sometimes it's the eye-popping results they've already generated that have us wondering how they'll top them.
BBQ Holdings, which also owns Granite City Food and Brewery, said it plans to buy the two family-dining chains that emerged from bankruptcy last year for $13.5 million.
The Pep's Place delivery-only concept will pair Pepsi drinks with complementary foods and operate out of Famous Dave's locations.
BBQ Holdings has found another way to appeal to the customer on the run.
The parent franchiser of Famous Dave's will open its first cafeteria-line model to replace the full-service restaurant in Coon Rapids that closed in September.
BBQ Holdings, the parent of Famous Dave’s, continues to diversify its portfolio with the acquisition of 25-unit casual dining chain Granite City Food and Brewery. The asset sale comes two months after the Minneapolis-based operator Granite City Food & Brewery Ltd. filed for Chapter 11 bankruptcy protection.
