Granite City

  • Granite City’s East Coast Grand Opening

    Residents of the Washington, D.C. area will be heading to the grand opening of Granite City Food & Brewery in National Harbor, MD this weekend. With National Harbor, Granite City now has a total of 34 restaurants. Mainly focused in the Midwestern United States, this is the first located on the East Coast.

  • Gene McGowan Joins Granite City Board of Directors

    Gene McGowan Sr. has joined the Board of Directors of Minneapolis-based Granite City Food & Brewery Ltd. McGowan is the Founder and Chief Executive Officer of the McGowan Capital Group in Sioux Falls, SD. Granite City Food & Brewery operates 33 restaurants in 13 states, including one in Sioux Falls. They have an additional restaurant opening on May 6 in National Harbor, MD; their first on the East Coast. The company also operates five Cadillac Ranch All American Bar & Grill restaurants in five states.

  • Granite City Announces 2014 Financial Results|McGowan Capital Group

    From the PRNewswire, Granite City Food & Brewery (a McGowan Capital Group investment) announced their preliminary unaudited financial results for the fiscal year ending December 30, 2014.

    —Net revenue increased to $136 million compared to $134 million for FY 2013
    —Adjusted EBITDA increased to approximately $10 million compared to $8 million for FY 2013
    —Consolidated same-store sales, excluding the non-restaurant location in Indianapolis, increased 0.7% in 2014