-
KPOT in Longview opens in old Luby's building
19 Jul 2023 23:11 GMT
Local KPOT Korean BBQ and Hot Pot operators weren't kidding when they told the News-Journal this past week that the restaurant was "coming soon."
The restaurant opened Wednesday at 2802 Tuttle Blvd., where Luby's previously was located.
…
-
We're In The Final Innings Of Luby's Liquidation, Some Upside May Remain
23 Mar 2022 17:37 GMT
Luby's still needs to sell several properties to complete its liquidation process ilkercelik/E+ via Getty Images Restaurant operator Luby's (NYSE:LUB) is in liquidation, having sold off most brands, operating assets and many restaurant …
-
Luby's plans to sell North Austin restaurant to local multifamily developer
04 Aug 2021 20:39 GMT
Aug 4, 2021
Updated Aug 4, 2021, 3:05pm CDT
Plans are coming into focus for the redevelopment of a Luby's restaurant in Austin as the Houston-based company sells its real estate holdings.
An entity of Luby's Inc. (NYSE: LUB) intends to sell a 2.38- …
-
Luby's Issues Third Quarter Fiscal 2021 Report
20 Jul 2021 01:40 GMT
HOUSTON, July 19, 2021 /PRNewswire/ -- Luby's, Inc. (NYSE: LUB) ("Luby's") which is in the process of monetizing its assets for the benefit of its shareholders, announced today its financial results for the third quarter ended …
-
New owner to keep all 32 Texas Luby's locations open
22 Jun 2021 16:09 GMT
TEXAS — Lone Star State food icon Luby’s, Inc. in September 2020 announced plans to sell its remaining assets, including all existing Luby’s and Fuddruckers restaurants.
What You Need To Know
Newly formed affiliate of entrepreneur Calvin Gin to own and …
-
Luby's finds buyer to acquire cafeteria brand and 32 Texas restaurants
21 Jun 2021 17:57 GMT
HOUSTON, Texas (KTRK) -- It turns out you may not have to hoard Luby's LuAnn platters like they're toilet paper during a pandemic because the restaurant has found a buyer for a majority of its business, keeping the company alive.
As recent as …
-
San Antonio dining staple Luby's sells cafeteria business for $28.7 million
21 Jun 2021 18:20 GMT
San Antonio-born comfort food staple Luby’s Inc. has agreed to sell its remaining cafeterias and its iconic brand for $28.7 million, industry publication QSR Magazine reports.
The deal encompasses all 32 Texas restaurant locations and the Luby’s Cafeteria …
-
Luby's unloads Fuddruckers brand to major franchisee for $18.5 million
18 Jun 2021 21:18 GMT
HOUSTON, Texas -- The future of Luby's may be uncertain at best, but Fuddruckers will live on. The Texas-based cafeteria announced it has sold the burger joint's franchise business to Nicholas Perkins and his affiliated entity, Black Titan …
-
Luby's To Sell Fuddruckers Franchise For ~$18.5M
18 Jun 2021 15:11 GMT
Restaurant chain operator Luby’s Inc (NYSE: LUB) has entered into an agreement to sell the Fuddruckers franchise business operations.
The franchise will be sold to a newly formed affiliate of Nicholas Perkins, Black Titan Franchise Systems LLC.
The …
-
Luby's finds buyer for Fuddruckers franchise business as part of liquidation
18 Jun 2021 00:24 GMT