Brand on Fire: Famous Dave’s Signs Deals for 21 New Units

  Brand on Fire: Famous Dave’s Signs Deals for 21 New Units

Business Wire

MINNEAPOLIS -- November 05, 2012

Famous Dave’s, (NASDAQ: DAVE), leveraging its range of build-out and service
models designed to fit virtually any real estate space, announces its largest
deal signed this year. The Minneapolis-based, 185 –unit award-winning barbecue
and restaurant concept continues to accelerate growth as it recently signed
deals for 16 units in San Diego/Los Angeles/Ventura County and Sacramento, two
units in Riverside, CA and Montebello, CA, and one unit each in Lansing, MI,
Independence, MO and Yakima, WA.

“We continue to generate growth of our award-winning brand,” said John
Gilbert, CEO of Famous Dave’s. “With this signing, we are getting a great
head-start on our goal of adding 50 new locations over the next two years.
With even more deals on the table, Famous Dave’s growth potential looks
outstanding.”

The growing brand presence of Famous Dave’s is fueling the expansion, as well
as an evolving real estate investment that is in line with both consumer
demand and available real estate. Potential franchisees can choose from a
full-service, casual dining model or the newly-launched “Shack” concept, the
brand’s fast-casual, high-quality, quick-serve concept, allowing the
restaurant to fit a variety of available real estate space. With locations in
33 states and the recipients of over 646 awards from best ribs to best
barbecue sauce, Famous Dave’s has quickly become associated with some of the
best, most consistent barbecue in every market it serves, attracting
franchisees from all over North America, including Canada.

“We opened our first international location this past July in Winnipeg, and it
has blown away all expectations, earning the highest sales we have ever seen
at any location,” said Brett Larrabee, Director of Franchise Sales and
Development. “What this tells us is great barbeque translates anywhere as we
continue to focus on emerging markets, including our friends to the North as
well as the Southeast.”

As Famous Dave’s continues to expand to new territories with real estate
concepts that fit any potential franchisee’s needs, the brand is poised to
continue to be the go-to barbeque concept in every community it serves.

“Despite an environment that has been challenging for restaurant unit growth,
we continue to push forward with expansion. One upside of the current real
estate climate is we are seeing some of the best site opportunities in Famous
Dave’s history,” said Gilbert. “We look forward to serving award-winning
barbeque to even more of our fans on their terms - in our restaurants, in
their homes, and at their most special occasions.”

ABOUT FAMOUS DAVE’S:

Famous Dave’s of America, Inc. (NASDAQ: DAVE) develops, owns, operates and
franchises barbeque restaurants. As of October 29 2012, the company owns 53
locations and franchises 132 additional units in 33 states and 1 Canadian
province. The menu features award-winning barbequed and grilled meats, a large
selection of salads, side items and sandwiches and unique desserts. Famous
Dave’s has won over 646 awards for everything from best ribs to best Bar-B-Que
sauce to best cookbook. For more information, please visit
www.famousdaves.com. In addition, call Brett Larrabee, 952-294-1343 should you
have any interest in available territory or growth potential.

Contact:

No Limit Media Consulting
Nick Powills
888.VIP.NLMC
nick@nolimitmediaconsulting.com
 
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