Stay in the know and receive the latest international franchising news, insight and investment opportunities
BBQ Holdings acquires the family-concept restaurant Village Inn and the pie and comfort concept restaurant Bakers Square, with a combined portfolio of 147 franchise and company-owned stores.
Keep up to date with the latest Global Franchise News sent straight to your inbox. Sign up here.
The multi-brand restaurant company behind Granite City Food & Brewery and Famous Dave’s has acquired Baker’s Square and Village Inn for an estimated $13.5m. While Baker’s Square owns 12 locations itself, Village Inn owns 21 locations and a further 115 franchised locations across 18 states, nationwide.
“I am elated to welcome the Village Inn and Baker’s Square teams into the family,” said Jeff Crivello, BBQ Holdings’ CEO. “Village Inn and Bakers Square are wonderful additions that will only strengthen our portfolio of restaurants and support center teams.”
“Today marks the end of an amazing journey and the beginning of an exciting new chapter for these great brands,” said VIBSQ, LLC CEO Craig Barber. “I am proud of everything our leadership and operational teams have accomplished over the last three years to build on the legacy of these fantastic concepts and, in turn, make them valuable acquisition targets. The strong foundation we’ve built will allow BBQ Holdings to take Village Inn and Bakers Square to new heights, and I look forward to seeing that happen. We all wish BBQ Holdings and the team at Village Inn & Bakers Square the very best in the days ahead.”
Village Inn was founded in 1958 and Baker’s Square has been in operation since 1969.
Green Home Solutions has signed four multi-unit deals to propel rapid expansion in the Midwest17 Sep 2021 | Read Article >
The strategic deal will further cement Scorpion’s position in the franchise marketing space17 Sep 2021 | Read Article >
The president gets candid about how to modernize established franchise brands17 Sep 2021 | Read Article >
The educational franchisor has signed its largest ever deal to bring 50 locations to Ontario by 202515 Sep 2021 | Read Article >
Mr Jeff appoints Peter Stern, a 20-year industry veteran as its managing director in the U.S.15 Sep 2021 | Read Article >
For further information on the Tiger Bills franchise please submit your details below.