by Claire Chu | Oct 17, 2026 | Media, News, Press
GEN Restaurant Group has announced an agreement to sell operations at 47 GEN Korean BBQ restaurants to Chubby Group in a transaction valued at up to $100 million. The deal represents a significant shift for the Cerritos-based restaurant operator, which plans to retain...
by Claire Chu | Oct 17, 2026 | Media, News, Press
$100 million transaction involving operations at 47 GEN Korean BBQ restaurants across the United States. Unanimously approved by GEN’s Board of Directors, the agreement outlines a phased transition over 12 months, with closing targeted within 30 days of the...
by Claire Chu | Oct 17, 2026 | Media, News, Press
GEN Restaurant Group has announced a proposed $100 million transaction with Chubby Group involving 47 GEN Korean BBQ restaurants across the United States. The agreement, unanimously approved by GEN’s board of directors, represents a significant development in...
by Claire Chu | Oct 17, 2026 | Media, News, Press
GEN Restaurant Group has signed a $100 million agreement to transfer operations at 47 GEN Korean BBQ restaurants across the United States to Chubby Group, marking a significant development in the restaurant industry’s evolving landscape. The agreement,...
by Claire Chu | Oct 17, 2026 | Media, News, Press
GEN Restaurant Group has signed a binding letter of intent to sell operations at 47 U.S. restaurants to Chubby Group in a proposed $100 million transaction. Unanimously approved by GEN’s board of directors, the agreement outlines a phased transition over 12...