Dallas Area Has New Ruby Tuesday Franchisee

Business Wire:

Ruby Tuesday, Inc. today announced the transfer of its Dallas, Texas franchise to the Redstone Hospitality Group, LLC, a company led by Nick Galanos, a former Ruby Tuesday executive. The agreement is for the development of twelve restaurants in the Dallas area, as well as the operation of three existing Ruby Tuesday restaurants in McKinney, Bedford and Rockwall.

Galanos was Chief Operating Officer for Ruby Tuesday’s international operations and also served as Chief Operating Officer for TGI Fridays and President of Champps Sports Bars. Other Redstone partners are Executive Vice President Chris Meaker, a 24-year industry veteran who was the senior operating executive with Darden’s Olive Garden brand in Canada, and Jeffrey Jones, a successful real estate investor and developer and the founder of America Development & Investments Ltd.