Tag Archive | Granite City Food & Brewery

Granite City Food & Brewery Ltd. Announces the Appointment of Richard H. Lynch as Chief Executive Officer

Granite City Food & Brewery Ltd. Announces the Appointment of Richard H. Lynch as Chief Executive Officer

Granite City Food & Brewery Ltd. (OTC Pink:GCFB) today announced that Richard H. Lynch (Dick), a member of its Board of Directors, has been appointed as the company’s Chief Executive Officer. Interim CEO, Rob Doran, will continue to serve as a member of Granite City’s Board of Directors. Lynch is […]

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Restaurant Chain Growth Report 03/04/14

Growing Concepts of Multi Unit Operators Concepts that have grown by at least 5% (if less than 50 units). Orange County, CA-based TACOS & CO (founded 1991) has increased by 1 unit, from 3 to 4 (33% growth).  This fast casual Mexican concept is open for lunch and dinner, with […]

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Comprehensive ConnectSmart Package from QSR Automations Enables Granite City to Delight Parties Large and Small

Granite City Gains Consistency and Enhances Capacity Management with QSR’s Kitchen Display and Table Management Solutions QSR Automations, a leading provider of in-store, online, and mobile technology solutions for restaurant businesses worldwide, announces that Granite City Food & Brewery Ltd. is implementing a comprehensive ConnectSmart kitchen display and table management […]

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Granite City Food & Brewery Set to Open Restaurant in Lyndhurst, Ohio

Granite City Food & Brewery Ltd., a casual dining restaurant group, is continuing to grow with the announcement that it is building a new Granite City Food & Brewery in Lyndhurst, Ohio at the Legacy Village lifestyle center. The Company recently signed a long term lease with Legacy Village Investors, LLC. […]

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Restaurant Chain Growth Report 7/24/12

Growing Concepts Concepts that have grown by at least 5% (if less than 50 units). Taylors, SC-based FATZ (founded 1988) has increased by 1 unit, from 48 to 49 (2% growth), with the addition of a new concept called Tavern 24.  These are family/casual concepts serving American cuisine.  Meal periods […]

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Granite City Food & Brewery Ltd. to Build New Restaurant in Indianapolis, Indiana

Granite City Food & Brewery is continuing to grow with the announcement that it is building a new Granite City Food & Brewery in downtown Indianapolis, Indiana. The Company recently signed a long term lease with Simon Property Group for the development of the new restaurant within Circle Center Mall. […]

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Granite City Food & Brewery Completes $6.5 Million Equity Financing with Concept Development Partners

Granite City Food & Brewery Ltd. (NASDAQ: GCFB) today announced that it has completed its previously announced transaction with Concept Development Partners, LLC (“CDP”), its controlling shareholder, pursuant to which CDP invested an additional $6.5 million in exchange for 3,125,000 shares of Granite City’s common stock. Granite City also entered […]

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Granite City Food & Brewery Acquires Additional Cadillac Ranch Restaurant Assets for $0.9 Million

Granite City Food & Brewery Ltd. has announced the completion of its purchase of the assets of the Cadillac Ranch All American Bar & Grill in Pittsburgh, Pennsylvania, for a purchase price of approximately $0.9 million. The parties had previously announced their entry into a purchase agreement relating to such […]

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Granite City Food & Brewery Opens Today in Troy, Michigan

Granite City Food & Brewery Ltd. (NASDAQ: GCFB) announces the opening today of its first location in Michigan, which is the 27thGranite City location. The new restaurant features a contemporary, upscale design that is an enhanced prototype for future restaurants. The Troy location is located at 699 West Big Beaver […]

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Granite City Food & Brewery Receives Favorable Decision from NASDAQ

Granite City Food & Brewery Ltd. has received the decision of the Hearings Panel of The NASDAQ Stock Market, notifying the Company that it had granted the Company’s request for continued listing, subject to certain conditions. The decision followed the Company’s failure to comply with the minimum shareholders’ equity requirement […]

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Granite City Reports 7.2% Increase in Revenue in Fourth Quarter 2011

Granite City Food & Brewery Ltd. (NASDAQ: GCFB), a Modern American upscale casual restaurant chain, today reported results for the fourth quarter and fiscal year ended December 27, 2011. Highlights were as follows: Total restaurant sales increased 7.2% to $23.2 million for the fourth quarter of 2011 from $21.6 million in […]

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Granite City Food & Brewery Ltd. Set to Open Restaurant in Franklin, Tennessee

Granite City Food & Brewery Ltd. is building a new Granite City Food & Brewery in Franklin, Tennessee. The Company recently signed a long term lease with Drury Development Corporation to have the restaurant located adjacent to the new Drury hotel now being built in Franklin. The new restaurant will […]

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Granite City Food & Brewery Agrees to Buy Assets of Sixth Cadillac Ranch Restaurant

Granite City Food & Brewery Ltd. announced today that it has entered into an asset purchase agreement for the purchase of the assets of the Cadillac Ranch All American Bar & Grill restaurant in Pittsburgh, Pennsylvania for $900,000. The Pittsburgh asset purchase will close at such time as a liquor […]

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Granite City Food & Brewery Acquires Assets of Three Additional Cadillac Ranch Restaurants for $3.3 Million

Granite City Food & Brewery Ltd. has completed the purchase of the assets of three additional Cadillac Ranch All American Bar & Grill restaurants, in Oxon Hill, Maryland; Annapolis, Maryland; and Indianapolis, Indiana, for an aggregate purchase price of approximately $3.3 million. The Company also acquired certain Cadillac Ranch intellectual […]

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