Area Development Agreements Signed for Eight New Franchise Restaurants EDEN PRAIRIE, Minn.--(BUSINESS WIRE)--Famous Dave's of America (Nasdaq:DAVE - news) has signed agreements for the development of 8 new franchise restaurants with two franchise groups. In related transactions, the Company also announced that it will be selling 4 of its company-owned restaurants to these franchise groups to seed their territories. With the new Area Development Agreements, there are now 80 franchised restaurants either open or with commitments to open.