Diversified Restaurant Holdings, Inc. Announces the Grand Opening of Bagger Dave's Burger Tavern in Schererville, Indiana

SOUTHFIELD, Mich. - Oct. 28, 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 Boulevard Square at 1090 U.S. Highway 41 Schererville, Indiana on Sunday, October 26, 2014. This opening marks the first location in Northwest Indiana and the seventh in the state of Indiana.

Boulevard Square is located within the one-mile corridor on Indianapolis Boulevard spanning between Main Street and U.S. 31. The restaurant is designed to appeal to a wide range of guests and showcases the refreshed interior, which includes signature historic photos of the community, modern exterior design, and an outdoor patio.

"We are excited to expand our presence in Schererville with the opening of a Bagger Dave's located in close proximity to our existing Buffalo Wild Wings restaurant. Boulevard Square is ideally situated along a busy thoroughfare near a variety of retail and recreational destinations. We look forward to introducing Bagger Dave's tradition of serving handcrafted, fresh never frozen menu offerings and local craft beers within a relaxed atmosphere to Schererville residents, including our own BWW customers," said Michael Ansley, President and CEO.

Regular restaurant hours will be Sunday and Monday, 11:00 AM to 10:00 PM, 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 four new Bagger Dave's in Woodhaven, Michigan; Carmel, Fishers, and Schererville, Indiana, as well as one new Buffalo Wild Wings in Pinellas Park, Florida.

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 22 company-owned Bagger Dave's restaurants in Michigan and Indiana. 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.

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

Investor Relations Contacts:

Sheryl Freeman
ICR Inc.
646.277.1284
sheryl.freeman@icrinc.com

Raphael Gross
ICR Inc.
203.682.8253
raphael.gross@icrinc.com

 

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