Western Sizzlin Franchise Corporation Announces Opening of New Wood Grill Buffet Restaurant in Hespe
ROANOKE, Va., Oct. 20 /PRNewswire-FirstCall/—Western Sizzlin Franchise Corporation, a subsidiary of Western Sizzlin Corporation (NASDAQ:WEST) is very pleased to announce the opening of the first California Wood Grill Buffet restaurant.
Wood Grill Buffet by Western Sizzlin is scheduled to open its doors to the public on Wednesday, October 22, 2008, in Hesperia, California. The 10,000 square foot restaurant is the third of its concept for the Company.
“This prototype, a buffet concept, offers great sales and profit potential for prospective franchisees and is a great value proposition for customers offering variety and high quality food,” says Bob Moore, president of Western Sizzlin Franchise Corporation. “We are excited about the prospects of leveraging our brand combined with achieving attractive financial returns for our franchisees.”
This is the first of two scheduled openings in California, with the second Wood Grill Buffet to open in the next several weeks in Norwalk, California.
About Western Sizzlin Corporation
Western Sizzlin Corporation is a holding company owning subsidiaries engaged in a number of diverse business activities. Western’s primary business activities are conducted through Western Sizzlin Franchise Corporation and Western Sizzlin Stores, Inc., which franchise and operate 116 restaurants in 19 states. Financial decisions are centralized at the holding company level, and management of operating businesses is decentralized at the business unit level. Western’s primary objective centers on achieving above-average returns on capital in pursuit of maximizing the eventual net worth of its stockholders.
Forward-Looking Statement
Comments in this news release may include “forward-looking statements” within the meaning of the federal securities laws. These statements concerning anticipated future results are based on current expectations and are subject to a number of risks and uncertainties that could cause actual results to differ markedly from those projected or discussed here. Western Sizzlin Corporation cautions readers not to place undue reliance upon any such forward-looking statements, for actual results may differ materially from expectations. Further information on the types of factors that could affect the Company can be found in the Company’s filings with the SEC.
Source: Western Sizzlin Franchise Corporation
CONTACT: Robyn B. Mabe, Chief Financial Officer of Western Sizzlin
Corp., +1-540-345-3195
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