Granite City to buy 7 Cadillac Ranch units for $9M

Granite City Food & Brewery Ltd., the Minneapolis-based operator of 26 namesake casual-dining restaurants, has agreed to acquire the assets of seven Cadillac Ranch All American Bar & Grill restaurants for $9 million.

As part of the deal, Granite City has closed on the purchase of one of the locations, at the Mall of America in Bloomington, Minn., for a price of $1.4 million. The remaining Cadillac Ranch units in the deal include one restaurant in operation and another under con

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