Which Company Owns Cadillac Ranch And Granite City

Cadillac ranch great all american bar and grill was founded in february of 2009 when it opened its first location in national harbor md.

Which company owns cadillac ranch and granite city.

Cadillac ranch has an outpost at the mall of america in bloomington. 17 2019 that it has filed for chapter 11 bankruptcy. Landry s holdings owned by tilman fertitta agreed to spend 7 5 million during an auction to buy cadillac ranch a concept formerly owned by granite city food and brewery according to court documents. The company filed for chapter 11 bankruptcy protection in december.

Three of the four locations were picked up by landry s. There were three separate sessions to bid on cadillac ranch granite city and all assets combined. Granite city s majority shareholder is concept development partners llc a partnership between dallas based private equity firm cic capital partners and restaurant. Granite also owns four cadillac ranch restaurants.

The company owns a beer production facility in ellsworth iowa but leases all 35 of its granite city restaurants and five cadillac ranch restaurants and its corporate offices. Granite city on feb. We now have three outstanding locations from the east coast to the mid west. Granite city food brewery which is backed by cic partners has acquired the assets of five cadillac ranch all american bar grill restaurants for an aggregate purchase price of about 6 2 million.

The company intends to operate granite city as is with no plans to rebrand. The minneapolis based restaurant company which operates 25 granite city food brewery locations and four units of the cadillac ranch concept trades in the over the counter market under the. The restaurant group that owns the granite city food brewery and cadillac ranch all american bar grill restaurants announced tuesday dec. Its minnesota locations of granite city food brewery are in eagan rose ville maple grove and st.