Skip to content

Call Us Today
(520) 877-2656

  • Home
  • Sales
    • 1st Quarter Sales
    • 2nd Quarter Sales
    • 3rd Quarter Sales
    • 4th Quarter Sales
  • Leases
  • Advertise
  • Subscribe
  • Listings
  • Login
Menu
  • Home
  • Sales
    • 1st Quarter Sales
    • 2nd Quarter Sales
    • 3rd Quarter Sales
    • 4th Quarter Sales
  • Leases
  • Advertise
  • Subscribe
  • Listings
  • Login

Famous Dave’s parent company to acquire fine-dining brand Barrio Queen

  • Home
  • News
  • Famous Dave’s parent company to acquire fine-dining brand Barrio Queen
News
/
March 22, 2022
/
Karen Schutte
image_pdfimage_print

Famous Dave’s parent company BBQ Holdings announced last week during its fourth quarter earnings call, the intention to acquire Mexican fine-dining brand, Barrio Queen. The $28 million deal with the Arizona-based, 7-unit restaurant brand is expected to go through in April and will be BBQ Holdings’ largest acquisition to date (and its third in the past year).

“We are thrilled to pass the baton to the BBQ Holdings team and couldn’t be more proud of what we have built,” Linda Nash, co-owner of Barrio Queen said in a statement. “The success of these restaurants is the result of many years of hard work and dedication from the Barrio team.  We are confident the transition will be smooth and seamless thanks to Anish Gandhi and his team at Brookwood Associates, who advised on the transaction.”

This acquisition follows previous deals in April 2021, when BBQ Holdings purchased Granite City Brewery and Real Urban BBQ, and Oct. 2021, with the acquisition of Tahoe Joe’s.

“We are excited to welcome Barrio Queen into the BBQ Holdings family,” BBQ Holdings CEO Jeff Crivello said in a statement. “It’s a beloved brand with an entrepreneurial team that has done a great job. The food offerings and environment are unlike any of our other brands. It will be a truly unique addition to our portfolio. We look forward to continuing their path of success.”

With seven restaurants across Arizona and an eighth on the way (opening date of Dec. 2022), Crivello sees room for growth, as Barrio Queen fills the fine-dining gap in BBQ Holdings’ portfolio.

“BBQ Holdings is on a great growth trajectory,” he added. “We have three pillars of growth: adding topline sales to our current restaurants, new prototypes and organic new units, and M&A to build a diversified portfolio of food and beverage brands.  Barrio Queen is the perfect fit for our portfolio.”

Share Now!

Recent Posts

  • Rancho Rillito in Tucson Sells for $2 Million – Investment in Its Natural Beauty Preservation
  • ASM announces €300M expansion of U.S. operations in Scottsdale
  • Board of Supervisors, Small Business Commission honor three businesses with 2023 awards
  • Graycor Hires Brianna Nessler as Business Development Lead, Southwest Division
  • County adopts Prosperity Initiative to reduce poverty, increase opportunity

Archives

Newsletter

  • 1st Quarter Sales
  • 2020 SoAZ Forecast Competition
  • 2nd Quarter Sales
  • 3rd Quarter Sales
  • 4th Quarter Sales
  • 5905 East Speedway Blvd, Tucson, AZ
  • Account
  • Advertising
  • Annual Site Access Conditions
  • Archives
  • ASP Test
  • displaycomp
  • Executives Prefer CCIM
  • HELP WANTED
  • Home
  • Ina Capital Development
  • Link Page
  • Login
  • MARKET LEADERS – CCIM DESIGNEES
  • Newsletter Subscription
  • Pima County Real Estate Research Council
  • Privacy Policy
  • RED Comps Terms and Conditions
  • Red Leases
  • Registration-Login
  • rss
  • Sample RED Comps
  • Search Comps
  • searchanalytics
  • searchmapselection
  • searchresults
  • searchshortreport
  • SearchTool
  • Southgate Commerce Park
  • Subscription
  • Team Management
  • Terms of Service
  • Test
  • Test Comp Search
  • Thank You
  • Thank You For Subscribing
  • www.realestatedaily-news.com Privacy Policy
  • About Real Estate Daily News

Copyright © 2023 Real Estate Daily News
Website by: Heart and Soul Web Design

Scroll to Top