| Hurricane Grill & Wings Opening 38 Locations Along Eastern Seaboard |
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CONTACTS:
Hurricane Grill & Wings™ Poised for Aggressive Growth,
Adding 233 New Franchise Restaurant Development Agreements in 15 States Coast
to Coast
Maryland Franchise Group Executes Agreement to Open 38 Additional
Restaurants in the WEST PALM BEACH, FLA., March 11, 2011 - Hurricane Grill & Wings™ is pleased to announce that it has signed seven new domestic development agreements, adding commitments for 233 new restaurants to its 43 existing locations. The District of Columbia is one of the critical trade areas that were identified for accelerated growth, along with California, Illinois, Indiana, Iowa, Kansas, Nebraska, Maryland, Missouri, Ohio, Oregon, Pennsylvania, Texas, Virginia, Washington and Wisconsin. The Company’s announcement comes after double digit growth over the past year. Glenn and Eric Gustafsson, father and son franchise team of Chitowngus, LLC, based in Maryland, has committed to opening 38 Hurricane Grill & Wings locations along the eastern seaboard in D.C., Virginia, Maryland and Pennsylvania. Glenn has more than 12 years of experience in the restaurant franchise industry, and partnering with his son to open Hurricane Grill & Wings makes it a true family affair. “We are both pleased and proud that Glenn and Eric signed on to open additional restaurants,” said Martin O’Dowd, President of Hurricane Grill & Wings. “They are energetic and talented individuals who share our belief in the opportunities of the Hurricane Grill & Wings brand. They, along with their franchise counterparts, bring the right balance of skill, resources and industry experience to help make our aggressive development plans a reality taking our concept to 314 total restaurants.” “After visiting Hurricane Grill & Wings™, we were blown away by the incredible food, concept and management team. We felt this is a rock-solid concept that was a perfect opportunity for us,” said Glenn Gustafsson. “Plus, the décor and the restaurant itself had a feeling of comfortable casual. If they had been willing to put sand on the floor, I would have taken my shoes off --- I totally felt at home and I knew our guests would too.”
About Hurricane Grill & Wings™: The original Hurricane Grill & Wings™ opened in Fort Pierce, Fla., in 1995. There are 43 locations, including Arizona, Florida, Michigan, New York, Ohio and Pennsylvania, with additional restaurants planned nationwide. Hurricane Grill & Wings™, whose trademark is, “Live with Flavor™,” is known for its uniquely savory chicken wings, offered in five categories with a choice of over 30 signature sauces. Menu items are cooked fresh to order with high quality ingredients and zero trans fats. Other menu options range from salads to Certified Angus Burgers, Grilled Mahi-Mahi and Iron Skillet Salmon along with a full lineup of micro-brew beer and wine. Hurricane Grill & Wings™ has won several awards and honors nationally including being named to Entrepreneur Magazine’s Hot 100 List (the fastest-growing businesses in America); Restaurant Business magazine’s Future 50 (a listing of the fastest growing chains with annual sales between $25 and $50 million); Franchise Times magazine’s Fast 55 (fastest growing franchises); World Franchising Network’s 50 Top Franchises for Military Veterans, and top honors at the National Buffalo Wing Festival, winning the 2009 Chairman’s Award, serving more wings than any other restaurant at the festival. For more information about Hurricane Grill & Wings™ or franchise information, please visit www.HurricaneWings.com. Statements in this press release that are not strictly historical, including but not limited to statements regarding the timing of our restaurant openings and the timing or success of our expansion plans, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, which may cause the company's actual results to differ materially from expected results. Although Hurricane Grill & Wings believes the expectations 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 differ materially from Hurricane Grill & Wings’ expectations include financial performance, restaurant industry conditions, execution of restaurant development and construction programs, franchisee performance, changes in local or national economic conditions, availability of financing, governmental approvals and other risks detailed from time to time in the company's SEC reports. # # # |
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