Diversified Restaurant Holdings announces opening of new Buffalo Wild Wings restaurant in Largo, Florida, plans to open two more BWW units by end of 2012

SOUTHFIELD, Michigan , October 8, 2012 (press release) – Diversified Restaurant Holdings, Inc. (DFRH) ("DRH" or the "Company"), the owner, operator, and franchisor of the unique, full-service, ultra-casual restaurant and bar Bagger Dave's Legendary Burgers Tavern(R) ("Bagger Dave's") and a leading franchisee for Buffalo Wild Wings(R) ("BWW"), announced it officially opened its latest BWW location at the Largo Mall in Largo, Florida on Sunday, October 7, 2012.

T. Michael Ansley, President and CEO of DRH commented, "We currently have three established Buffalo Wild Wings locations in the Tampa Bay area (Brandon, Riverview and Fish Hawk). We expect to solidify our presence in this market with this opening and our fifth BWW Tampa Bay location in Ybor City, which is currently under construction and slated to open in the fourth quarter of 2012."

About Diversified Restaurant Holdings

Diversified Restaurant Holdings, Inc. ("DRH" or the "Company") is the owner, operator, and franchisor of the unique, full-service, ultra-casual restaurant concept, Bagger Dave's Legendary Burger Tavern(R) ("Bagger Dave's") and is a leading Buffalo Wild Wings(R) ("BWW") franchisee. Between the two concepts, the Company currently operates 39 restaurants in Michigan, Florida, Illinois and Indiana with an additional three Bagger Dave's and two BWW restaurants scheduled to be opened by year end 2012. The Company routinely posts news and other important information on its website at www.diversifiedrestaurantholdings.com.

Bagger Dave's offers a full-service, family-friendly restaurant and bar with a casual, comfortable atmosphere. The menu features freshly-made burgers (never frozen), accompanied by more than 30 toppings from which to choose, fresh-cut fries, hand-dipped milkshakes, and a selection of craft beer and wine. Signature items include Sloppy Dave's BBQ(R), Train Wreck Burger(R), and Bagger Dave's Amazingly Delicious Turkey Black Bean Chili(R). The Bagger Dave's concept emphasizes local flair by showcasing historical photos of the city in which each restaurant resides and features an electric train that runs above the dining room and bar areas. Currently, there are eight corporate-owned locations in the state of Michigan and an executed area development agreement to franchise six Bagger Dave's in five states outside of Michigan. Bagger Dave's first franchisee opened in June 2012 in Cape Girardeau, Missouri. DRH is approved to franchise Bagger Dave's in the states of Illinois, Indiana, Kentucky, Michigan, Missouri, Ohio, and Wisconsin. For more information, visit www.baggerdaves.com.

DRH operates 31 BWW restaurants: 14 in Michigan, nine in Florida, four in Illinois and four in Indiana. The Company has opened 17 new BWW restaurants in fulfillment of its 32-store Area Development Agreement ("ADA") with franchisor Buffalo Wild Wings, Inc. (BWLD). The remaining 15 restaurants under the ADA agreement, along with an additional franchise agreement in Indiana, suggest that the Company will operate 47 BWW's by 2017.

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