BJ's Restaurants, Inc. Opens in Palmdale, California with Very Strong Initial Sales
May 03 2007 - 3:54PM
Business Wire
BJ's Restaurants, Inc. (NASDAQ:BJRI) today announced the opening of
its 59th restaurant in Palmdale, California on May 2, 2007. The new
BJ's Restaurant & Brewhouse is located at 1325 Rancho Vista
Blvd. on a freestanding pad in the Antelope Valley Mall. The
restaurant is approximately 8,500 square feet, contains seating for
265 guests and features BJ�s extensive menu that includes BJ's
signature deep dish pizza, award winning handcrafted beer and our
famous Pizookie(R) dessert. BJ�s highly detailed, contemporary
d�cor and the concept�s unique video statement, with several high
definition flat panel televisions, together create a high energy,
fun and family-friendly dining environment for everyone to enjoy.
Hours of operation are from 11:00 a.m. to 12:00 midnight Sunday
through Thursday, and 11:00 a.m. to 1:00 a.m. Friday and Saturday.
�We are delighted to bring BJ�s to Palmdale, where opening day
sales came within a few dollars of setting a new all-time record
for BJ�s on that measure,� commented Jerry Deitchle, President and
CEO. "We estimate that over 2,000 guests dined at our Palmdale
restaurant on opening day, which is an incredible amount of guest
traffic. Our restaurant operations team in Palmdale also did a
terrific job of serving all of our guests at BJ�s gold standard
level of operational excellence.� The Palmdale restaurant is the
Company�s fourth new restaurant opening to date during 2007. The
Company remains solidly on track to open as many as thirteen new
restaurants during 2007 and thereby increase its total restaurant
operating weeks by 20% to 25% during the year. Additionally, work
is well underway to identify and secure several prospective
locations for potential 2008 and 2009 openings. BJ's Restaurants,
Inc. currently owns and operates 59 casual dining restaurants under
the BJ's Restaurant and Brewery, BJ's Restaurant and Brewhouse or
BJ's Pizza & Grill brand names. BJ's restaurants offer an
innovative and broad menu featuring award-winning, signature
deep-dish pizza complemented with generously portioned salads,
sandwiches, soups, pastas, entrees and desserts. Quality, flavor,
value, moderate prices and sincere service remain distinct
attributes of the BJ's experience. The Company operates several
microbreweries which produce and distribute BJ's critically
acclaimed handcrafted beers throughout the chain. The Company's
restaurants are located in California (36), Texas (8), Arizona (4),
Colorado (3), Oregon (3), Nevada (2), Florida (2) and Ohio (1). The
Company also has a licensing interest in a BJ's restaurant in
Lahaina, Maui. Visit BJ's Restaurants, Inc. on the web at
www.bjsrestaurants.com. Certain statements in the preceding
paragraphs and all other statements that are not purely historical
constitute "forward-looking statements" for purposes of the
Securities Act of 1933 and the Securities and Exchange Act of 1934,
as amended, and are intended to be covered by the safe harbors
created thereby. These forward-looking statements involve known and
unknown risks, uncertainties and other factors which may cause
actual results to be materially different from those projected or
anticipated. Factors that might cause such differences include, but
are not limited to: (i) our ability to manage an increasing number
of new restaurant openings, (ii) construction delays, (iii) labor
shortages, (iv) minimum wage increases, (v) food quality and health
concerns, (vi) factors that impact California, where 36 of our
current 59 restaurants are located, (vii) restaurant and brewery
industry competition, (viii) impact of certain brewery business
considerations, including without limitation, dependence upon
suppliers and related hazards, (ix) consumer trends, (x) potential
uninsured losses and liabilities, (xi) fluctuating commodity costs
including food and energy, (xii) trademark and servicemark risks,
(xiii) government regulations, (xiv) licensing costs, (xv) beer and
liquor regulations, (xvi) loss of key personnel, (xvii) inability
to secure acceptable sites, (xviii) limitations on insurance
coverage, (xix) legal proceedings, (xx) other general economic and
regulatory conditions and requirements and (xxi) numerous other
matters discussed in the Company's filings with the Securities and
Exchange Commission. BJ's Restaurants, Inc. undertakes no
obligation to update or alter its forward-looking statements
whether as a result of new information, future events or otherwise.
For further information, please contact Greg Levin of BJ's
Restaurants, Inc. (714) 500-2440.
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