Food Chain Grows In Lean Times

January 15, 2008 by Cris | 0 Comments

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Minneapolis Star Tribune:

Food prices? Spiraling. The economy? Slumping. The restaurant biz? Stuck with the check.

So why is David Goronkin so confident?

The new CEO of Redstone American Grill says he just can’t lose. Even as recent headlines bring fresh warnings of restaurant companies struggling to pay their tab, Goronkin says Redstone will grow from 4 restaurants today into a national brand.

The Wayzata-based company has already won $26.5 million in financing. Investors include Redstone founder Dean Vlahos, and local businessmen Tom Petters and Lyle Berman.

And then… read on.

In Franchisees, Franchises, News, Restaurants

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