Granite City Food & Brewery Ltd. Set to Open Restaurant in Louisville, Kentucky
21 5월 2013 - 6:30AM
Business Wire
Granite City Food & Brewery Ltd. (OTCQB:GCFB) is
continuing to grow with the announcement that it will open a new
Granite City Food & Brewery in Louisville, Kentucky. The
Company recently signed an agreement to purchase approximately 2.5
acres of land in Louisville, Kentucky along S. Hurstbourne Parkway
in the development known as “The Vinings”. The new restaurant, the
31st planned restaurant in the Granite City chain, features a
contemporary upscale design that was recently developed by the
Company and opened in Troy, Michigan and Franklin, Tennessee to
outstanding reviews. Located one-half mile from the University of
Louisville’s ShelbyHurst Campus, the site is a prime business and
retail hub for suburban Louisville. The site is just east of two
regional malls – Mall St. Matthew's and Oxmoor Mall. The
Hurstbourne corridor is also home to several large office parks
with a total of over 4.6 million square feet of office space. With
a population of nearly 200,000 located with a five mile radius,
Hurstbourne is a prime location for restaurants and is a true
destination for lunch and dinner. Slated to open in the Spring of
2014 the location’s interior will feature a wrap-around bar which
flows into an atrium, an exposed kitchen, and a central wood-fired
pizza oven. The restaurant will feature more than 90
made-from-scratch menu items in addition to its own handcrafted
beer. The Company has also entered into a sale-leaseback agreement
to sell the restaurant building and land to Store Capital upon
completion of the building.
“We are excited to bring our concept of an upscale dining
experience and great service with reasonably-priced, high quality
food and beverages to Kentucky,” said Rob Doran, CEO. “Granite City
restaurants have shown great success in this geographical area and
we feel confident that the folks in Louisville will enjoy our
affordable and enjoyable customer experience, along with our
hand-crafted brews. This location is a natural fit for us given its
proximity to our existing Granite City restaurants located in
Carmel, Indiana and Franklin, Tennessee.”
About the Company
Granite City Food & Brewery Ltd. develops and operates two
casual dining concepts: Granite City Food & Brewery and
Cadillac Ranch All American Bar & Grill. Granite City Food
& Brewery is a polished casual American restaurant that
features a great dining experience with affordable, high-quality
menu items prepared from made-from-scratch recipes, served in
generous portions. There is a brewery onsite, serving hand-crafted
and micro brews. Granite City opened its first restaurant in 1999
and is expanding nationwide; there are currently 28 Granite City
restaurants in 13 states. Cadillac Ranch restaurants feature
freshly prepared, authentic, All-American cuisine in a fun, dynamic
environment. Its patrons enjoy a warm, Rock N’ Roll inspired
atmosphere, with plenty of room for friends, music and dancing. The
Cadillac Ranch menu is diverse with offerings ranging from homemade
meatloaf to pasta dishes, all freshly prepared using quality
ingredients. The Company purchased its first Cadillac Ranch in
November 2011 and has since purchased five additional Cadillac
Ranch restaurants along with its intellectual property. The Company
currently operates six Cadillac Ranch restaurants in five states.
Additional information about Granite City Food & Brewery can be
found at www.gcfb.com.
Forward-Looking Statements
Certain statements made in this press release of a
non-historical nature constitute “forward-looking statements”
within the meaning of the Private Securities Litigation Reform Act
of 1995. Such forward-looking statements are subject to certain
risks and uncertainties that could cause actual results to differ
materially from those anticipated. Such factors include, but are
not limited to, changes in economic conditions, changes in consumer
preferences or discretionary consumer spending, a significant
change in the performance of any existing restaurants, our ability
to continue funding our operations and meet our debt service
obligations, and the risks and uncertainties described in our
Quarterly Report on Form 10-Q filed with the Securities and
Exchange Commission on May 17, 2013.
Granite City Food and Br... (CE) (USOTC:GCFB)
과거 데이터 주식 차트
부터 11월(11) 2024 으로 12월(12) 2024
Granite City Food and Br... (CE) (USOTC:GCFB)
과거 데이터 주식 차트
부터 12월(12) 2023 으로 12월(12) 2024
