Luby's saved

Just-announced $28.7 million sale keeps Luby's in Houston and Texas

Celebrate, Houston. Luby's is staying put.

Luby's/Facebook

A new deal will keep Houstonians eating square fish and mac and cheese for the foreseeable future. Luby's announced that it has sold its cafeteria restaurant business to a new corporation founded by entrepreneur Calvin Gin.

Selling its cafeteria business is the latest step in the process of liquidation and dissolution that the company's board of directors adopted last year. Valued at approximately $28.7 million, the deal includes 32 locations of Luby's in Texas and the Luby's brand, according to a release. Last week, the company announced it had sold the Fuddruckers brand to a franchisee for $18.5 million.

The new entity, called Luby's Restaurants Corporation, plans to offer positions to the roughly 1,000 people currently employed at those locations, which includes 10 restaurants in Houston as well as locations in Conroe, Kingwood, Stafford, and Webster.

"We are so pleased to be able to acquire the operation of these Luby's Cafeteria stores, one of the iconic brands in the Texas restaurant market," Gin said in a statement. "This transaction will allow us to continue serving the many loyal Luby's customers at these locations and to provide long-term employment opportunities for the many associates currently at these locations."

Critically, the transaction does not include any of the real estate Luby's currently owns. The company plans to sell its holdings for 25 locations; the new Luby's Restaurants Corporation would then negotiate leases with the property's new owners.

Calvin Gin is a member of the Gin family, best known for founding The Flying Food Group, a Chicago-based firm that's the third largest airline catering company in North America. He brings over two decades of experience to his role, including work at The Flying Food Group and as a co-founder and partner in businesses such as Helios Visions, WorkPlate, and Charming Studios.

"I could not be more pleased than to see Calvin Gin, along with many of the existing management team, able to carry on the fine tradition of Luby's brand of food and service in Texas that dates back to 1947," Luby's chairman of the board Gerald Bodzy added.

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Coastal-inspired Houston restaurant will shutter after 3 years in Montrose

Photo by Kirsten Gilliam

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A Montrose restaurant devoted to fresh and healthy fare will soon serve its final meal. Graffiti Raw will close on December 31.

Located next to Uchi in the Montrose Collective mixed-use development, Graffiti Raw opened in early 2023. It is part of the Big Vibe Group, the hospitality company behind Coppa Osteria in Rice Village and Flora, the stylish Mexican restaurant in Buffalo Bayou Park.

Graffiti Raw took inspiration from coastal destinations such as Big Sur, Mexico, and the Mediterranean. True to its name, the menu included raw items such as tartare and ceviche alongside classic fare such as steak frites, chicken schnitzel, and crab fried rice.

“Since opening, Graffiti Raw has been a place for connection — from shared meals to vibrant

nights that reflected the creative energy of Houston. The Big Vibe Group is grateful to the

guests, team members, partners and the Montrose Collective community who helped shape the experience,” the company said in a statement.

Big Vibe emphasizes that both Coppa Osteria and Flora “remain central to the company’s long-term vision, with an emphasis on growth, consistency, and elevated hospitality.” It made a similar commitment to those concepts when it closed Gratify, a neighborhood bistro in Rice Village, back in 2024.

Montrose has seen a number of openings and closings, with additions such as jazz supperclub Doc’s and wine shop/bar Montrose Grocer. Paulie’s, a neighborhood staple for more than 25 years, will also close on December 31.

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