Granite City Food & Brewery, Ltd

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International Guild of Hospitality & Restaurant Managers

Granite City Food & Brewery, Ltd., formerly known as Founders Food & Firkins Ltd., operates three casual dining restaurants featuring on-premises breweries under the name Granite City Food & Brewery. The Company's initial restaurant commenced operations in St. Cloud, Minnesota, in June 1999. The Company's second restaurant, located in Sioux Falls, South Dakota, commenced operations in December 2000. The Company's third restaurant, located in Fargo, North Dakota, opened in November 2001. The Company's full-service restaurants offer food and handcrafted beers. The Company's theme is casual dining, with a broad menu of items that are prepared fresh daily and freshly brewed handcrafted beers made with a new patent-pending process that maintains high beer quality while enhancing overall profitability by reducing unit-level brewery costs. The Company offers menu items served in large portions at reasonable prices. The Company's handcrafted beers are moderately priced and offer styles and flavors not typically produced by major breweries. The Company is exploring methods of financing in order to open additional Granite City Food & Brewery restaurants in selected markets throughout the United States.

Each of the Company's existing restaurants consists of an approximately 10,000-square-foot facility built to its plans and specifications. The Company's restaurants have an open atmosphere, including an exposed ceiling that is approximately 16 feet high. Since no interior walls disrupt the Company's public areas, guests can view the many component parts of the operation from virtually any place in the facilities. Guests may watch the brewing and food preparation or sports and other entertainment on the many television sets located throughout the Company's dining and bar areas.

The Company uses granites and other rock materials along with natural woods and glass to create a balanced, clean, natural interior feel. The Company's floor-to-ceiling window systems create views of outdoor pond and patio areas that are used for dining during warm weather months. This window treatment allows activity to be viewed both inside and outside the restaurant and creates a bright, open environment. The interiors are accented with vintage photographs of the local area brewing industry, as well as historical photos of the community landscape.

Each of the Company's three locations is centrally located within the respective area's retail, lodging and transportation activity. The Company's St. Cloud restaurant caters to local residents, area-based tourists who attend business conferences, sports tournaments or university-related events, and transient guests who pass through St. Cloud to Minnesota's northern tourism area. The Company's Sioux Falls restaurant offers a view overlooking the Sioux River and Sioux Falls Country Club. The Fargo restaurant is located on the property of the area's major mall and within walking distance of several major hotels, entertainment venues and retail outlets.

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Disclaimer:
The data included within the Financial section is solely for information and does not construe a recommendation and/or endorsement by IGHRM or its members to invest funds with any of the companies listed. You are strongly urged to obtain professional advice with qualified individuals or corporations for any investments of funds.