Famous Dave's


Famous Dave's parent won't revive newly acquired buffet chains

BBQ Holdings will focus on the five-unit Tahoe Joe's chain it won at auction, rendering Old Country Buffet and its sister brands dead for now.


Famous Dave’s parent wins the auction to buy buffet chains

BBQ Holdings won the bidding for the bankrupt owner of the six-unit Tahoe Joe’s along with the assets of several buffet chains, including Old Country Bufffet.

Manny Packing was most recently director of international real estate and construction for Inspire Brands.

BBQ Holdings says it'd like to add pizza and breakfast brands, but isn't stopping there.

BBQ Holdings is acquiring the family dining chain, along with bigger sister company Village Inn, in part to add its pies to its barbecue chain’s menu.

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 experiments come as the barbecue chain and sister concept Granite City are finding traction with dual branding, ghost kitchens and new service models.

The barbecue chain andd its sister concept Granite City Food and Brewery both saw sales soar in March, thanks to easing restrictions, vaccinations and easy comparisons.

The surge in value of companies like GameStop and AMC reminds RB’s The Bottom Line of the time when hedge funders drove up stock in the barbecue chain—and almost destroyed it.

Third-quarter results were mixed for smaller-cap public restaurant companies.

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