BJ's Restaurants Opens in Rancho Santa Margarita, CA
October 18 2011 - 4:15PM
BJ's Restaurants, Inc. (Nasdaq:BJRI) today announced the opening of
its newest restaurant in Rancho Santa Margarita, CA on October 17,
2011. The new BJ's Restaurant & Brewhouse is located at the
intersection of Santa Margarita Parkway and Avenida de las Flores
as the latest addition to the 450,000 square foot Rancho Santa
Margarita Town Center. The restaurant is approximately 7,500
square feet, contains seating for approximately 265 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 décor and unique
video statement, including BJ's 103" plasma display as well as
several 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 excited to open BJ's in Rancho Santa Margarita, which is
located in the heart of our home court market of Southern
California," commented Jerry Deitchle, Chairman and CEO. "Our
Rancho Santa Margarita restaurant is our 11th new restaurant this
year. We currently have two more restaurants scheduled to open
before Thanksgiving (Fort Worth, TX and Anaheim Hills, CA). As
a result, we expect to achieve our previously stated capacity
growth goal for 2011 by opening a total of 13 new restaurants
during the year." Investors are reminded that the actual
number and timing of new restaurant openings for any given period
is subject to a number of factors outside of the Company's control,
including weather conditions and factors under the control of
landlords, contractors and regulatory/licensing authorities.
BJ's Restaurants, Inc. currently owns and operates 113 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 in addition to using
qualified contract brewers to produce and distribute BJ's
critically acclaimed proprietary handcrafted beers throughout the
chain. The Company's restaurants are located in California (55),
Texas (23), Arizona (6), Colorado (4), Oregon (2), Nevada (5),
Florida (8), Ohio (3), 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 55 of our current 113 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: Greg Levin
BJ's Restaurants, Inc.
(714) 500-2400
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