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SOURCE American Restaurant Concepts, Inc.
JACKSONVILLE, Fla., May 12, 2014 /PRNewswire/ -- American Restaurant Concepts, Inc. (OTCBB: ANPZ), owner, operator and franchisor of the award-winning Dick's Wings & Grill® concept, announced the grand opening of its newest Dick's Wings & Grill restaurant in Jacksonville, Florida today.
The new Dick's Wings & Grill is located at 6055 Youngerman Circle in Argyle Village in the Southwest Quadrant of I-295 & Branding Boulevard. The restaurant is the Company's first free-standing restaurant and is its largest yet with approximately 6,700 square feet of space located on approximately 1.5 acres. It seats more than 200 guests and employs 40 team members from the local area. It features a large outdoor patio area and bar and Dick's Wings extensive menu, including its signature Dick's Wings® chicken wings and Dick's Blingz™ boneless chicken wings in 365 mouth-watering flavors. The kitchen will serve dine-in customers as well as offer carry out and catering. Hours of operation are from 11 a.m. to midnight Sunday through Thursday and 11 a.m. to 2 a.m. Friday and Saturday.
"We are very excited to open our newest restaurant in Jacksonville," commented Richard W. Akam, CEO of American Restaurant Concepts, Inc. "The new Youngerman Circle restaurant is our 16th restaurant in Florida. It is located in a high-traffic area with six hotels and numerous shops within a half a mile of the restaurant and the Orange Park Mall less than one mile away. The restaurant was developed through the successful conversion of a pre-existing restaurant of another brand into a Dick's Wings. The predecessor to our Youngerman Circle restaurant had been operating successfully for more than 15 years and averaged more than $1.5 million in sales each year. We expect our restaurant to generate similar results for our franchisee."
"Part of our growth strategy has been to identify existing restaurants of other brands and convert them into Dick's Wings restaurants," continued Akam. "Conversions are less expensive and much faster to complete than building a new restaurant from the ground up, which enables our franchisees to invest less money in the restaurant and generate sales more quickly. Conversions of existing restaurants in general, and conversions of larger, stand-alone restaurants like our Youngerman Circle restaurant in particular, represent a tremendous avenue of growth for us due to the interest they will generate among potential multi-unit restaurant franchisees."
Dicks' Wings restaurants are family fun fooderys™ where both families and sports fans can go to enjoy a unique restaurant experience from first bite to last call™. Dick's Wings offers a variety of boldly-flavored menu items highlighted by its famous Buffalo, New York-style chicken wings and Dick's Blingz boneless chicken wings, for which it boasts 365 mouth-watering flavors. It also offers customers a variety of fresh sandwiches, burgers, wraps, salads and signature waffle fries. Guests enjoy these menu items in an elevated sports-themed environment with flat screen TVs located throughout the restaurants and a children's area filled with video games and other forms of children's entertainment. For more information about Dick's Wings exciting menu offering and locations, please visit its website at www.dickswingsandgrill.com.
About American Restaurant Concepts, Inc.
American Restaurant Concepts, Inc., headquartered in Lafayette, Louisiana, is the owner, operator and franchisor of the Dick's Wings & Grill concept, and the co-owner of the owner, operator and franchisor of the Wing Nutz® concept. Dick's Wings prides itself on its award-winning chicken wings spun in its signature sauces and seasonings. Wing Nutz offers a large selection of premium baked chicken wings and other baked products. Wing Nutz also offers its own proprietary line of craft beers under the name "Nut Job Beers". Dick's Wings has 16 restaurants in Florida and one restaurant in Georgia, along with a concession stand at EverBank Field. Wing Nutz has 10 restaurants in Utah and one restaurant in Idaho.
Safe Harbor Provision
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, that are intended to be covered by the safe harbor created thereby. All statements other than statements of historical fact contained herein, including, without limitation, statements regarding the Company's future financial position, business strategy, plans and objectives, are forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "will," "expects," "intends," "plans," "projects," "estimates," "anticipates," or "believes" or the negative thereof or any variation thereon or similar terminology or expressions. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from results proposed in such statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the Company's expectations include, but are not limited to, those factors set forth in the Company's Annual Report on Form 10-K for the year ended December 29, 2013 and its other filings and submissions with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, the Company assumes no obligation to update or revise any forward-looking statements.
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