Mighty Quinn’s acquires a stake in Slows Bar BQ

Mighty Quinn’s BBQ, a New York barbecue restaurant, is expanding into the Midwest with its investment in Slows Bar BQ. “We’ve looked at the Midwest region, and found Slows doing an amazing job in Detroit,” Co-CEO Micha Magid said. “It’s an area that we’ve been excited about for a while.”  

It now has 13 locations open in New York, Florida, New Jersey, and Dubai. This year, the fast casual chain intends to launch seven more locations.  Mighty Quinn’s also has licensed units at Madison Square Garden and Yankee Stadium. According to Magid, the brand began in a food market in Brooklyn, New York, in 2011. “At the time, it was really hard to find great barbecue in the city,” he explained.

Slows has three locations in Michigan, two of which are full-service and one of which is solely for take-out. A concession booth in a conference center and a food truck are also operated under the brand. Slows began in the Detroit area of Corktown in 2005. 

“We believe that joining up with like-minded, multi-unit barbecue chains that share our ethos and quality of food standards is something that’s interesting to us,” Magid said. 

Mighty Quinn’s wants to expand Slows in the Midwest. Magid stated that the team is currently exploring for real estate to open a few new locations.  

As part of the transaction, Magid will join the Slows board of directors. The board is made up of three Slows executives as well as former BurgerFi president Patrick Renna.  

The initial expenditure needed to open a Mighty Quinn’s location ranges between $739,488 and $896,334. Mighty Quinn’s lone franchised location in Garden City, New York, grossed $1.57 million in 2021. 

“We’re really focused on finding new franchisees to join our system in new regions,” states Magid. “Our ideal franchisee profile is someone who has operating experience in the restaurant business and sees a void in the barbecue market in their area.” 

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