Diversified Restaurant Holdings on track with 20% unit growth in 2014, company says
July 15, 2014
– Diversified Restaurant Holdings, Inc. (BAGR) ("DRH" or the "Company"), the creator, developer and operator of the unique, full-service, ultra-casual restaurant and bar Bagger Dave's Burger Tavern(R) ("Bagger Dave's") and one of the largest franchisees for Buffalo Wild Wings(R) ("BWW"), continues its restaurant growth plan with the recent opening of a new BWW in Pinellas Park, Florida on Sunday, July 13, 2014. A stand alone stadia design restaurant near the intersection of Park Boulevard North and 66th Street North in the Greater St. Petersburg area, the restaurant is easily accessible for an area that has over 270,000 residents.
Michael Ansley, President and CEO of DRH commented, "We are really excited about the location for our newest BWW. Approximately 60,000 vehicles pass by on a daily basis and it is located within close proximity to a large movie theatre and shopping complex. This mix has proven to be an ideal location for our restaurants. This new stadia design restaurant continues the build-out of our growing presence in the Florida market. We look forward to this new high-traffic location becoming an integral part of the Pinellas Park community."
For the remainder of 2014, DRH will build on its demonstrated success as a BWW franchise by expanding in both the mid-west and Florida markets. The Company will also continue the expansion of the innovative Bagger Dave's brand in the mid-west, bringing the total number of Bagger Dave's locations to 26 by the end of 2014.
DRH's newest BWW can be found at 4075 Park Blvd. Pinellas Park, FL 33781.
About Diversified Restaurant Holdings
Diversified Restaurant Holdings, Inc. (BAGR) ("DRH" or the "Company") owns and operates Bagger Dave's Burger Tavern, a full-service, family-friendly restaurant and full bar with a casual, comfortable atmosphere specializing in custom-built, proprietary, fresh prime rib recipe burgers, all-natural turkey burgers, hand-cut fries, locally crafted beers on draft, hand-dipped milk shakes, salads, black bean turkey chili, and much more. Currently, there are 20 company-owned Bagger Dave's restaurants in Michigan and Indiana. DRH plans to open six additional company-owned locations during 2014 in Indiana and Michigan. For more information, visit www.baggerdaves.com.
The Company also operates 40 Buffalo Wild Wings Grill & Bar franchised restaurants in Indiana, Illinois, Michigan, and Florida, with an Area Development Agreement to open an additional 12 locations by 2017. DRH plans to open two more units in 2014.
The Company routinely posts news and other important information on its website at www.diversifiedrestaurantholdings.com.