ARC Group Announces Opening Of Two New Dick's Wings Restaurants
LAFAYETTE, La. - Oct. 17, 2016 // PRNewswire // - ARC Group, Inc. (OTCQB: ARCK), the owner, operator and franchisor of the award-winning Dick's Wings & Grill® concept, announced the recent opening of its newest Dick's Wings & Grill restaurant in Atlantic Beach, Fla. and the relocation of its restaurant located in the Mandarin section of Jacksonville, Fla.
The new Dick's Wings & Grill in Atlantic Beach is located in the Mayport area at 2434 Mayport Road, proximate to Naval Station Mayport and Hanna Park. The restaurant is a free-standing facility with approximately 3,200 square feet of space, featuring an outdoor patio area and interior bar. The new location seats approximately 125 guests and employs 30 team members from the local area.
The relocated Mandarin restaurant is located at 10550 Old St. Augustine Road, near Interstate 295. The restaurant is an end cap in a shopping center, which contains a Wal-Mart, and is surrounded by both residential and commercial developments. It is approximately 4,000 square feet in size and features an interior bar and game room area. The new location seats approximately 165 guests and employs 40 team members from the local area.
Both restaurants feature Dick's Wings® extensive menu, including its signature Dick's Wings chicken wings, chicken tenders and hog wings, and its Dick's Blingz® boneless chicken wings, which offer 365 mouth-watering flavors. The kitchen serves dine-in customers while also offering carry-out and catering services. Hours of operation are from 11 a.m. to 10 p.m., Sunday through Thursday, and 11 a.m. to 12 a.m., Friday and Saturday.
"We continue to branch out into new territories within the Southeast and capitalize on our strong brand name recognition in North Florida," stated Richard W. Akam, Chief Executive Officer of ARC Group, Inc. "Mayport is a logical choice as it brings us back to our roots with its proximity to Naval Station Mayport. It also expands our brand in our hometown of Jacksonville without infringing upon our other area locations. The relocation of our Mandarin restaurant represents the repositioning of an already successful Dick's Wings and Grill into a more visible and modern facility."
"Landlords have seen the revitalization of our brand and are aggressively seeking our restaurants to help enhance their plazas and centers," added Akam. "These newest restaurants are prime examples of this and represent a continuation of the efficient restaurant conversion strategy that we successfully implemented a couple of years ago. Our conversion model is less expensive and much faster to complete, offering restaurant operators with existing sites an opportunity to convert to a Dick's Wings and Grill in as little as 60 days."
About Dick's Wings
Dick's Wings restaurants are family fun fooderys® where both families and sports fans can go to enjoy a unique restaurant experience from first bite to last call®. Dick's Wings offers a variety of boldly-flavored menu items highlighted by its award-winning, Buffalo, New York-style chicken wings and hog wings and its Dick's Blingz® boneless chicken wings, for which it boasts 365 mouth-watering flavors. It also offers customers a variety of fresh sandwiches, burgers, wraps, salads and signature waffle fries. Guests enjoy these menu items in an elevated sports-themed environment that includes flat screen TVs located throughout each restaurant and children's areas filled with video games and other forms of children's entertainment.
Dick's Wings is actively offering franchise opportunities in the Orlando, Tampa, Gainesville and Mobile/Pensacola metropolitan areas. For more information about Dick's Wings exciting menu offering and locations, and for additional franchising information, please visitwww.dickswingsandgrill.com.
About ARC Group, Inc.
ARC Group, Inc., headquartered in Lafayette, Louisiana, is the owner, operator and franchisor of the Dick's Wings & Grill concept and the co-owner of the owner, operator and franchisor of the Wing Nutz® concept. Now in its 22nd year of operation, Dick's Wings prides itself on its award-winning chicken wings and hog wings spun in its signature sauces and seasonings. Wing Nutz offers a large selection of premium baked chicken wings and other baked products. Wing Nutz also offers its own proprietary line of craft beers under the name "Nut Job Beers". Dick's Wings has 18 restaurants in Florida and six restaurants in Georgia. It also has two concession stands at EverBank Field, home of the NFL's Jacksonville Jaguars. Wing Nutz has nine restaurants in Utah, two restaurants in Texas, one restaurant in Nevada and one restaurant in Idaho.
Safe Harbor Provision
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, that are intended to be covered by the safe harbor created thereby. All statements other than statements of historical fact contained herein, including, without limitation, statements regarding the Company's future financial position, business strategy, plans and objectives, are forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "will," "expects," "intends," "plans," "projects," "estimates," "anticipates," or "believes" or the negative thereof or any variation thereon or similar terminology or expressions. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from results proposed in such statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the Company's expectations include, but are not limited to, those factors set forth in the Company's Annual Report on Form 10-K for the year ended December 31, 2015 and its other filings and submissions with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, the Company assumes no obligation to update or revise any forward-looking statements.
SOURCE ARC Group, Inc.
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