Famous Dave's Legendary Pit Bar-B-Que to Expand to Alaska
MINNEAPOLIS, Jan. 7 /PRNewswire-FirstCall/ -- FAMOUS DAVE'S OF AMERICA, INC. (Nasdaq: DAVE) CEO David Goronkin announced today that the Company has signed a development agreement with Utah BBQ, Inc. to bring Famous Dave's Legendary Pit Bar-B-Que(R) to Alaska.
Utah BBQ currently owns and operates three Famous Dave's restaurants in the Salt Lake City metropolitan area and is developing five additional restaurants in the Seattle, Washington metropolitan area. The opening date of the first Alaska location has not been determined.
"We couldn't be more pleased that our existing franchise operators are expanding their territory and recommitting their business growth to Famous Dave's," said David Goronkin, CEO of Famous Dave's. "The restaurants that Utah BBQ operates in the Salt Lake City area are strong performers, and we welcome their expansion into new Famous Dave's territories."
Famous Dave's Bar-B-Que features hickory-smoked St. Louis-style ribs, Texas Beef Brisket, and Famous Dave's award-winning Rich and Sassy Barbecue sauce. Additionally, the menu offers BBQ and Country Roasted Chicken, BBQ sandwiches, burgers, and salads. Plus, the restaurant serves up such down home classics as made-from-scratch cole slaw, potato salad, Wilbur Beans, corn bread muffins, and Famous Fries. Famous Dave's delectable homemade desserts include its award-winning bread pudding and hot fudge Kahlua brownie.
Having won awards for everything from best sauce to best ribs to best cookbook, Famous Dave's has received wide acclaim and praise from customers and critics alike. Famous Dave's Rib Team regularly competes in rib competitions across the country, and has raked in 1st place awards at the Great American Rib Cook-off in Ohio, the Sioux Empire Rib-fest in Sioux Falls, South Dakota, the Rib Fest & More in Fargo, North Dakota, the Pontiac Rib America Rib Fest in Pontiac, Michigan, the Twin Cities Rockin' Rib Fest in Minneapolis, Minnesota and the Rib America Indianapolis Rib Fest in Indianapolis, Indiana to name just a few.
About Famous Dave's. Famous Dave's of America, Inc. (Nasdaq: DAVE) develops, owns, operates and franchises barbeque restaurants. The company currently owns 39 locations and franchises 54 additional units in 24 states and has signed development agreements for an additional 140 franchised locations. Its menu features award-winning barbequed and grilled meats, an ample selection of salads, side items, sandwiches and unique desserts.
Certain matters discussed within this press release, including timing of the transaction, restaurant openings and expansion plans, may be forward- looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although Famous Dave's of America, Inc. believes the expectation reflected in any forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectation will be attained. Factors that could cause actual results to defer materially from Famous Dave's expectation include availability of consents, financial performance, restaurant industry conditions, execution of restaurant development and construction programs, franchisee performance, changes in local or national economic conditions, availability of financing, governmental approvals and other risks detailed from time to time in the company's SEC reports.
SOURCE Famous Dave's of America, Inc. -0- 01/07/2004 /CONTACT: Pat Courtemanche of Golden & Associates, +1-612-782-8305, firstname.lastname@example.org / /Web site: http://www.famousdaves.com / (DAVE) CO: Famous Dave's of America, Inc.; Utah BBQ, Inc. ST: Minnesota, Alaska IN: RST SU: PDT LC-AM -- CGW060 -- 2739 01/07/2004 20:13 EST http://www.prnewswire.com