Bob Evans to Sell Off Restaurants — Are Biscuits & Gravy in Jeopardy? [VIDEO]
Bob Evans restaurants announced a plan to sell the 522 restaurants it operates in 18 states. Golden Gate Capital will acquire the restaurants when the sale is final in April.
Reports say the company has no plans to change the name, the food, or look of the restaurants.
Golden Gate Capital is a west-coast based, privately-held company that already owns Red Lobster.
Bob Evans operates three locations in Flint.