San Antonio (KTSA News) — A Texas favorite lives to serve more LuAnn platters.
Luby’s was sold on Monday to Chicago entrepreneur Calvin Gin.
Gin says he plans to keep 32 Luby’s in Texas open, including 5 locations in San Antonio.
“This transaction will allow us to continue serving the many loyal Luby’s customers at the locations and provide long-term employment opportunities for the many associates currently at these locations.”
The deal is valued at $28.7 million.
Luby’s was founded in San Antonio in 1947 and it currently headquartered in Houston.