by Yuki Yu | Oct 18, 2026 | blog, Press
Gen Restaurant Group has signed a binding letter of intent to sell 47 of its Gen Korean BBQ restaurants to Chubby Cattle Group for $100 million, according to an emailed press release. When Gen announced earlier this year that it was mulling a sale of its restaurant... 
by Yuki Yu | Oct 18, 2026 | blog, Press
Gen Restaurant Group is getting out of the foodservice industry and selling all 47 Gen Korean restaurants in a $100 million transaction. The deal was first announced in August, and the buyer has now been revealed to be Chubby Cattle Group, which owns and operates 70... 
by Yuki Yu | Oct 18, 2026 | blog, Press
GEN Restaurant Group signed a binding letter of intent to sell operations at 47 U.S. restaurants to Chubby Group for $100 million. Following the deal, the Korean food company plans to eliminate all its outstanding debts and restructure to solely support the Korean... 
by Yuki Yu | Oct 18, 2026 | blog, Press
Gen Restaurant Group is getting out of the foodservice industry and selling all 47 Gen Korean restaurants in a $100 million transaction. The deal was first announced in August, and the buyer has now been revealed to be Chubby Cattle Group, which owns and operates 70... 
by Yuki Yu | Oct 18, 2026 | blog, Press
A restaurant group has officially sold 47 Korean BBQ locations for $100 million. GEN Restaurant Group, which also is involved in consumer-packaged goods, announced the deal to sell the GEN Korean BBQ locations to Chubby Group on Wednesday. The transaction includes a...