Diversified Restaurant Holdings opens new Buffalo Wild Wings restaurant in Ybor City, Florida

SOUTHFIELD, Michigan , December 18, 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 one of the largest franchisees for Buffalo Wild Wings(R) ("BWW"), officially opened its latest Buffalo Wild Wings in Ybor City, FL at 1625 East 7th Avenue on Monday, December 17, 2012.

T. Michael Ansley, President and CEO of Diversified Restaurant Holdings, commented, "The Ybor City restaurant is located in a historic district which hosts a variety of entertainment venues, making it one of Tampa's top dining destinations. Now with five locations, we believe this latest opening solidifies our presence in the Tampa area."

DRH's other Tampa BWW restaurants are located in Brandon, Riverview, Fish Hawk and Largo.

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 one of the largest Buffalo Wild Wings(R) ("BWW") franchisees. Between the two concepts, the Company currently operates 43 restaurants in Michigan, Florida, Illinois, and Indiana, with an additional BWW restaurant scheduled to open in 2012. Including this location, and one franchised Bagger Dave's in Missouri, the Company expects to have 45 restaurants by year's end. 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, along with 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 11 corporate-owned locations and one franchised location. The Company has an executed area development agreement to franchise five additional Bagger Dave's in five states outside of Michigan. 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 32 BWW restaurants: 14 in Michigan, ten in Florida, four in Illinois and four in Indiana. The Company has opened 18 new BWW restaurants in fulfillment of its 32-store Area Development Agreement ("ADA") with franchisor Buffalo Wild Wings, Inc. (BWLD). The remaining 14 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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