BJ's Restaurants, Inc. Opens in Escondido, California
March 30 2010 - 2:15PM
BJ's Restaurants, Inc. (Nasdaq:BJRI) today announced the opening of
its newest restaurant in Escondido, CA on March 29, 2010. The new
BJ's Restaurant & Brewhouse is located at 204 E. Via Rancho
Parkway, at the intersection of I-15 and Via Rancho
Parkway. The restaurant is situated on a free standing pad and
is part of the newest addition to the 1.25 million square foot
regional North County Fair mall. The restaurant is
approximately 8,500 square feet and contains seating for
approximately 280 guests and features BJ's extensive menu,
including BJ's signature deep-dish pizza, award-winning handcrafted
beer and famous Pizookie® dessert. BJ's highly detailed,
contemporary decor and unique video statement, including BJ's 103
inch plasma display as well as several other high definition flat
panel televisions, creates 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 very excited to open our newest BJ's in Escondido,"
commented Jerry Deitchle, Chairman and CEO. "Opening day sales were
very strong. The new Escondido restaurant is our fifth restaurant
in San Diego County, where the BJ's concept has traditionally
enjoyed strong sales and brand awareness. The new restaurant
represents our second opening to date during 2010. We continue to
remain on track to open as many as 10 to 11 new restaurants this
year. We currently have five restaurants under construction and
other potential restaurant locations in their final stages of
permitting and plan development before construction commences."
BJ's Restaurants, Inc. currently owns and operates 94 casual
dining restaurants under the BJ's Restaurant & Brewery, BJ's
Restaurant & 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, appetizers, 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
(50), Texas (17), Arizona (5), Colorado (3), Oregon (2), Nevada
(3), Florida (5), Ohio (2), Oklahoma (2), Kentucky (1), Indiana
(1), Louisiana (1) and Washington (2). Visit BJ's Restaurants,
Inc. on the Web at http://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. Such statements include, but are not limited to,
those regarding expected comparable restaurant sales growth in
future periods, those regarding the effect of new sales-building
initiatives, future guest traffic, as well as those regarding the
number of restaurants expected to be opened in future periods and
the timing and location of such openings. 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) the effect of
credit and equity market disruptions on our ability to finance our
continued expansion on acceptable terms, (ii) our ability to manage
an increasing number of new restaurant openings, (iii) construction
delays, (iv) labor shortages, (v) minimum wage increases, (vi) food
quality and health concerns, (vii) factors that impact California,
where 50 of our current 94 restaurants are located, (viii)
restaurant and brewery industry competition, (ix) impact of certain
brewery business considerations, including without limitation,
dependence upon suppliers, third party contractors and related
hazards, (x) consumer spending trends in general for casual dining
occasions, (xi) potential uninsured losses and liabilities, (xii)
fluctuating commodity costs and availability of food in general and
certain raw materials related to the brewing of our handcrafted
beers and energy, (xiii) trademark and service-mark risks, (xiv)
government regulations, (xv) licensing costs, (xvi) beer and liquor
regulations, (xvii) loss of key personnel, (xviii) inability to
secure acceptable sites, (xix) limitations on insurance coverage,
(xx) legal proceedings, (xxi) other general economic and regulatory
conditions and requirements, (xxii) the success of our key
sales-building and related operational initiatives and (xxiii)
numerous other matters discussed in the Company's filings with the
Securities and Exchange Commission, including its recent reports on
Forms 10-K, 10-Q and 8-K. The "forward-looking" statements
contained in this press release are based on current assumptions
and expectations and 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.
CONTACT: BJ's Restaurants, Inc.
Greg Levin
(714) 500-2400
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