BJ's Restaurants Opens in Fort Worth, Texas and Anaheim Hills, California
November 01 2011 - 8:45PM
BJ's Restaurants, Inc. (Nasdaq:BJRI) today announced the opening of
its two newest restaurants in Fort Worth, Texas, and Anaheim Hills,
California, on October 31, 2011.
The new Fort Worth, Texas BJ's Restaurant & Brewhouse is
located at the intersection of Hulen St. and I-20 as the latest
addition to Hulen Mall. The restaurant is approximately 8,500
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.
The new BJ's restaurant in Anaheim Hills, California is the
Company's new, smaller footprint BJ's Grill™ restaurant that is
initially intended to serve as a live research and development
restaurant. BJ's Grill™ contains approximately 4,600 interior
square feet, seats approximately 140 guests and features many of
BJ's most popular menu items including BJ's signature deep-dish
pizza, award-winning handcrafted beer and famous Pizookie® dessert.
BJ's Grill™ also features an exhibition kitchen, a more
contemporary design and decor package, different menus for lunch
and dinner and a more personalized guest service model based on new
point-of-sale technology driven by handheld tablets. In
addition, the new restaurant features BJ's signature video
statement, including a 103" plasma display and other
high-definition flat panel televisions that 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.
"With these two openings, we are pleased to successfully
complete our targeted expansion goal for 2011, "said Jerry
Deitchle, Chairman and CEO. "Our Fort Worth and Anaheim Hills
restaurants represent our 12th and 13th new restaurants for this
year. Our Fort Worth, Texas restaurant represents our ninth
restaurant in the Dallas/Fort Worth market and our 24th restaurant
in Texas, where we have achieved some of our strongest comparable
restaurant sales results during the past several years. Our
new BJ's Grill™ in Anaheim Hills, California is a smaller location
in our home court market of Southern California that will initially
serve as a live research and development restaurant for the
Company. We currently intend to gradually apply the
successful R&D efforts from this restaurant to our
larger-format Brewhouse restaurants over time.
"BJ's is looking forward to another successful year of expansion
during 2012," continued Deitchle. "We currently plan to open
as many as 15 new restaurants next year, and we also plan to
relocate one older restaurant to a new location that can
accommodate a larger, more productive facility. We continue to
believe that BJ's will be one of just a few publicly-held casual
dining restaurant companies that plans to achieve double-digit
capacity growth during 2012 in terms of total restaurant operating
weeks." 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 115 casual
dining restaurants under the BJ's Restaurant & Brewery®, BJ's
Restaurant & Brewhouse®, BJ's Pizza & Grill® and BJ's
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 (56), Texas (24), 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 56 of our current 115 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.
For further information, please contact Greg Levin of BJ's
Restaurants, Inc. at (714) 500-2400.
CONTACT: BJ's Restaurants, Inc.
(714) 500-2400
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