Diversified Restaurant Holdings, Inc. Announces The Grand Opening Of Bagger Dave's Burger Tavern In Fishers Marketplace
SOUTHFIELD, Mich. - Sept. 23, 2014 // GLOBE NEWSWIRE // - Diversified Restaurant Holdings, Inc. (Nasdaq:BAGR) ("DRH" or the "Company"), the creator, developer and operator of the unique, full-service, ultra-casual restaurant and bar Bagger Dave's Burger Tavern® ("Bagger Dave's") and one of the largest franchisees for Buffalo Wild Wings® ("BWW"), today announced the opening of a Bagger Dave's in Fishers Marketplace at 13204 Market Square Drive in Fishers, Indiana on Sunday, September 21, 2014. This opening marks the fourth Bagger Dave's in the Indianapolis area and the sixth in the state of Indiana.
Fishers Marketplace is located at the northeast corner of State Road 37 and 131st Street in one of the most affluent trade areas in Hamilton County, Indiana. The restaurant features a new, distinctive interior and exterior design and enhanced branding elements with wide-ranging demographic appeal.
"We are excited to open Bagger Dave's in the newly built Fishers Marketplace – a center that encompasses over 80,000 square feet of retail development and luxury apartments and includes strong national retail anchors. The location allows us to bring Bagger Dave's heritage of serving locally sourced, fresh never frozen menu offerings crafted from in-house recipes within a family-friendly, casual atmosphere to local residents. We believe this high traffic area is ideally suited to enable us to continue to build upon the success of growing the Bagger Dave's brand," said Michael Ansley, President and CEO.
Regular restaurant hours will be Sunday and Monday, 11:00 AM to 10:00PM, Tuesday through Thursday, 11:00 AM to 11:00 PM, and Friday and Saturday from 11:00 AM to 12:00 AM.
Year to date, DRH has opened three new Bagger Dave's in Woodhaven, Michigan; Carmel, Indiana and Fishers, Indiana; as well as one new Buffalo Wild Wings in Pinellas Park, Florida. The Company plans to open an additional five Bagger Dave's and open two additional Buffalo Wild Wings by the end of 2014.
About Diversified Restaurant Holdings
Diversified Restaurant Holdings, Inc. (Nasdaq:BAGR) ("DRH" or the "Company") owns and operates Bagger Dave's Burger Tavern, a full-service, family-friendly restaurant and full bar with a casual, comfortable atmosphere specializing in custom-built, proprietary, fresh prime rib recipe burgers, all-natural turkey burgers, hand-cut fries, locally crafted beers on draft, hand-dipped milk shakes, salads, black bean turkey chili, and much more. There are currently 21 company-owned Bagger Dave's restaurants in Michigan and Indiana. DRH plans to open five additional company-owned locations in Indiana and Michigan in 2014. For more information, visit www.baggerdaves.com.
The Company also operates 40 Buffalo Wild Wings Grill & Bar franchised restaurants in Indiana, Illinois, Michigan, and Florida, with an Area Development Agreement to open an additional 11 locations by 2017. DRH plans to open two additional units in 2014.
The Company routinely posts news and other important information on its website at www.diversifiedrestaurantholdings.com.
Safe Harbor Regarding Forward Looking Statements
The information made available in this news release contains forward-looking statements which reflect DRH's current view of future events, results of operations, cash flows, performance, business prospects and opportunities. Wherever used, the words "anticipate," "believe," "expect," "intend," "plan," "project," "will continue," "will likely result," "may," and similar expressions identify forward-looking statements as such term is defined in the Securities Exchange Act of 1934. Any such forward-looking statements are subject to risks and uncertainties and the Company's actual growth, results of operations, financial condition, cash flows, performance, business prospects and opportunities could differ materially from historical results or current expectations. Some of these risks include, without limitation, the impact of economic and industry conditions, competition, food and drug safety issues, store expansion and remodeling, labor relations issues, costs of providing employee benefits, regulatory matters, legal and administrative proceedings, information technology, security, severe weather, natural disasters, accounting matters, other risk factors relating to our business or industry and other risks detailed from time to time in the Securities and Exchange Commission filings of DRH. Forward-looking statements contained herein speak only as of the date made and, thus, DRH undertakes no obligation to update or publicly announce the revision of any of the forward-looking statements contained herein to reflect new information, future events, developments or changed circumstances or for any other reason.
SOURCE Diversified Restaurant Holdings, Inc.
David G. Burke
Chief Financial Officer
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