FAMOUS DAVE’S OF AMERICA, INC. announces the opening of their newest location in Frederick, Maryland. This is the third opening in the company’s aggressive expansion plan for the Washington, D.C. Area.
“The dramatic sales increases in Annapolis, Maryland and Woodbridge, Virginia means Famous Dave’s has been warmly embraced in the Washington, D.C. Area. With the opening of Frederick, we look forward to further sales increases as more people are exposed to our legendary bar-b-que,” stated Martin O’Dowd, President and Chief Executive Officer, Famous Dave’s of America.
The Annapolis and Woodbridge restaurants are the first of two conversions from Red River Bar-B-Que and Grille. They have achieved sales increases of 140%. A fourth Famous Dave’s will open in Columbia, Maryland in July with two additional units expected over the next eight months.
Famous Dave’s of America owns and operates 29 units and seven franchise units in Minnesota, Wisconsin, Iowa, Illinois, Nebraska, Maryland and Virginia. Its menu features award-winning barbecued and grilled meats, an ample selection of salads, side items, sandwiches and unique desserts. The company plans to expand into additional areas through development, acquisition and franchising. Famous Dave’s first mall location will be the next unit to open at Yorktown Mall in Lombard, Illinois.
Certain matters discussed within this press release, including statements regarding new restaurant sites, restaurant openings and expansion plans, may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although Famous Dave’s of America, Inc. believes the expectation reflected in any forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectation will be attained. Factors that could cause actual results to defer materially from Famous Dave’s expectation include financial performance, restaurant industry conditions, execution of restaurant development and construction programs, changes in local or national economic conditions, availability of financing and other risks detailed from time to time in the company’s SEC reports.
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