MINNETONKA — The parent company of Granite City Food & The brewery sold the company.
BBQ Holdings Inc. in Minnetonka has entered into an agreement with MTY Food Group Inc. based in Montreal, in which MTY would acquire all of BBQ’s shares for approximately $200 million.
BBQ Holdings is a franchisor and operator of casual and fast-casual dining restaurants in 37 states in the United States and Canada. Its flagship brands operate under the brands “Famous Dave’s”, “Granite City”, among others.
BBQ Holdings operates more than 200 franchised and more than 100 company-owned restaurants.
BBQ Holdings acquired Granite City Food & Brewery in March 2020.
Granite City Food & In 1999, the brewery opened its first restaurant in St. To Cloud.
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