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Friday, November 8, 2019

Famous Dave's of America (DAVE) is now BBQ Holdings (BBQ)

On September 17, 2019 a holding company reorganization was completed in which Famous Dave's of America (DAVE) became a wholly owned subsidiary of the new parent holding company named BBQ Holdings (BBQ).

The Company develops, owns, operates and franchises restaurants under the name Famous Dave's, Clark Crew BBQ, Granite City Food & Brewery and Real Urban Barbecue. As of December 29, 2019, there were 128 Famous Dave's restaurants operating in 32 states, Canada, and the United Arab Emirates, including 32 Company-owned restaurants and 96 franchise-operated restaurants.

The first Clark Crew BBQ restaurant opened in December 2019 in Oklahoma City, Oklahoma. On March 16, 2020, the company purchased one Real Urban Barbecue restaurant located in Vernon Hills, Illinois. On March 9, 2020, the company purchased 18 Granite City Food & Brewery restaurants in connection with a Chapter 11 bankruptcy filing.

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