SOUTHFIELD, Mich., June 3, 2014 (GLOBE NEWSWIRE) -- Diversified Restaurant Holdings, Inc. (Nasdaq: 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 ® ("Bagger Dave's") and one of the largest franchisees for Buffalo Wild Wings ® ("BWW"), launched its second newly-designed Bagger Dave's with its distinctive interior and exterior in Woodhaven, MI on Sunday, June 1, 2014. Ideally located in close proximity to the Ford Woodhaven Stamping Plant, which employs over 1,100 people, and to the on/off ramps for I-75, the new location has a front patio with more focus on the bar, in addition to standard full-table service.
"We are excited to be introducing our newly-designed Bagger Dave's in the state of Michigan. Our new design reflects the evolution of our brand and has been well received in Indiana, where we first introduced it. We anticipate at least as much enthusiasm in our home state," stated Michael Ansley, President and CEO.
This is the second Bagger Dave's opening this year with an additional six planned for 2014. There are now 20 company-owned Bagger Dave's restaurants in Michigan and Indiana. DRH has relocated two BWWs and plans to open three units in Michigan, Indiana and Florida in 2014 to have a total of 39 by year end.
About Diversified Restaurant Holdings
Diversified Restaurant Holdings, Inc. (Nasdaq: 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, famous all-natural turkey burgers, hand-cut fries, locally crafted beers on draft, hand-dipped milk shakes, salads, black bean turkey chili, and much more. For more information, visit www.baggerdaves.com .
The Company also operates 36 Buffalo Wild Wings Grill & Bar franchised restaurants in Indiana, Illinois, Michigan and Florida, with an Area Development Agreement to open an additional 13 locations by 2017.
The Company routinely posts news and other important information on its website at www.diversifiedrestaurantholdings.com .
Safe Harbor Regarding Forward Looking Statements
The information made available in this news release contains forward-looking statements which reflect DRH's current view of future events, results of operations, cash flows, performance, business prospects and opportunities. Wherever used, the words "anticipate," "believe," "expect," "intend," "plan," "project," "will continue," "will likely result," "may," and similar expressions identify forward-looking statements as such term is defined in the Securities Exchange Act of 1934. Any such forward-looking statements are subject to risks and uncertainties and the Company's actual growth, results of operations, financial condition, cash flows, performance, business prospects and opportunities could differ materially from historical results or current expectations. Some of these risks include, without limitation, the impact of economic and industry conditions, competition, food and drug safety issues, store expansion and remodeling, labor relations issues, costs of providing employee benefits, regulatory matters, legal and administrative proceedings, information technology, security, severe weather, natural disasters, accounting matters, other risk factors relating to our business or industry and other risks detailed from time to time in the Securities and Exchange Commission filings of DRH. Forward-looking statements contained herein speak only as of the date made and, thus, DRH undertakes no obligation to update or publicly announce the revision of any of the forward-looking statements contained herein to reflect new information, future events, developments or changed circumstances or for any other reason.
Investor Contact: Alex P. Hamilton/Deborah K. Pawlowski Kei Advisors LLC 716.843.3908/716.843.3874 / Company Contact: David G. Burke Chief Financial Officer 248.223.9160
