ST.LOUIS PARK, MN (MNN) -- Granite City food & brewery is looking for a new buyer.
The St. Louis Park-based restaurant chain has hired an investment bank to assist it in "exploring a possible strategic transaction." The move could be a sale or merger involving all or part of the company.
Granite City has been struggling financially the past few years. The company started in St. Cloud in 1999 and now has 31 Granite City restaurants, including in Fargo, as well as in 13 states.