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Granite City Food & Brewery Secures Roseville Location

ROSEVILLE, MN-St. Cloud, MN-based Granite City Food & Brewery secures a location in this Twin-Cities suburbs, keeping on track with the company's plan to open four new locations this year. The company also plans to generate $100 million in annual sales by year-end.

By Dana Dubriwny | Updated on August 18, 2005

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ROSEVILLE, MN-In line with the company’s growth strategy for opening restaurants in the Midwest through 2007 Granite City Food & Brewery Ltd. is planning to open another brewery in this suburb of the Twin Cities. The company opened a Granite City Food & Brewery in Wichita in July and has announced plans to open a restaurant in Eagan, Minnesota in September, as well as restaurants in two Kansas City locations later this year.

Steve Wagenheim, Granite City Food & Brewery’s president and CEO, tells GlobeSt.com that the company’s growth model is based on what he refers to as the “4-6-8″ national-staging plan. The strategy calls for four restaurants in 2005, six in 2006 and eight in 2007. Wagenheim says the company, which first produced $4 million in annual sales, has surpassed its anticipated mark of $25 million to $30 million, and will soon generate $100 million in sales annually. The company expands in clusters, which is based on the company’s main brewing location. One wart house, Wagenheim says, can support 30 to 40 stores.

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