Popular Calif. chain Gen Korean BBQ sold for $100M

by | blog, Press

The all-you-can-eat wagyu wars may soon be easing up, as two Southern California barbecue specialists are combining forces.

On Oct. 14, Cerritos-headquartered Gen Restaurant Group — which operates around 50 all-you-can-eat Gen Korean BBQ restaurants across the country, including 20 in California alone — announced that it has signed a letter of intent to sell the vast majority of its restaurant footprint to the fast-growing Chubby Group. That Los Angeles-headquartered company operates more than 70 Asian-inspired restaurants across more than 25 brands.

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