ARC Group Announces The Opening Of Its Newest Dick's Wings Restaurant In Panama City Beach
LAFAYETTE, La., Oct. 19, 2015 /PRNewswire/ -- ARC Group, Inc. (OTCQB: ARCK), the owner, operator and franchisor of the award-winning Dick's Wings & Grill® concept, announced the opening of its newest Dick's Wings & Grill restaurant in Panama City Beach, Fla., on September 28, 2015.
The new Dick's Wings & Grill is located at 1136 Thomas Drive, across from the U.S. Naval Base. The restaurant is a free-standing facility with approximately 5,400 square feet of space. It seats approximately 225 guests and employs 65 team members from the local area. It features an outdoor patio area, interior bar, game room and Dick's Wings® extensive menu, including its signature Dick's Wings chicken wings, duck wings and hog wings and Dick's Blingz® boneless chicken wings in 365 mouth-watering flavors. The kitchen serves dine-in customers as well as offering carry-out and catering services. Hours of operation are from 11 a.m. to 11 p.m., Sunday through Thursday, and 11 a.m. to 1 a.m., Friday and Saturday.
"This is a strategic move for our brand," stated Richard W. Akam, Chief Executive Officer of ARC Group, Inc. "We are capitalizing on our strong brand name recognition in North Florida and branching out further into new territories within the Southeast. Panama City Beach is a logical choice because the city experiences a significant influx of tourists each year, many of whom are from southern states. It is estimated that seven million people visit Panama City Beach each year, the majority of whom arrive by automobile and live within one day's drive. We intend to leverage this unique fact to increase brand awareness as we continue to enter new markets within the southeastern states."
"Panama City Beach is the fourth Dick's Wings and Grill conversion that our franchisees have opened in 2015," added Akam. "This opening is a continuation of the efficient restaurant conversion strategy that we successfully implemented a couple of years ago. The conversion model is less expensive and much faster to complete, offering restaurant operators with existing sites an opportunity to convert to a Dick's Wings and Grill in as little as 60 days."
Dick's Wings restaurants are family fun fooderys™ where both families and sports fans can go to enjoy a unique restaurant experience from first bite to last call™. Dick's Wings offers a variety of boldly-flavored menu items highlighted by its award-winning, Buffalo, New York-style chicken wings, duck wings and hog wings and its Dick's Blingz boneless chicken wings, for which it boasts 365 mouth-watering flavors. It also offers customers a variety of fresh sandwiches, burgers, wraps, salads and signature waffle fries. Guests enjoy these menu items in an elevated sports-themed environment that includes flat screen TVs located throughout each restaurant and children's areas filled with video games and other forms of children's entertainment. For more information about Dick's Wings exciting menu offering and locations, please visit its website at www.dickswingsandgrill.com.
About ARC Group, Inc.
ARC Group, Inc., headquartered in Lafayette, Louisiana, is the owner, operator and franchisor of the Dick's Wings & Grill concept, and the co-owner of the owner, operator and franchisor of the Wing Nutz® concept. Now in its 20th year of operation, Dick's Wings prides itself on its award-winning chicken wings, hog wings and duck wings spun in its signature sauces and seasonings. Wing Nutz offers a large selection of premium baked chicken wings and other baked products. Wing Nutz also offers its own proprietary line of craft beers under the name "Nut Job Beers". Dick's Wings has 16 restaurants in Florida and four restaurants in Georgia. It also has two concession stands at EverBank Field, home of the NFL's Jacksonville Jaguars. Wing Nutz has nine restaurants in Utah, one restaurant in Las Vegas, Nevada and one restaurant in Nampa, Idaho.
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This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, that are intended to be covered by the safe harbor created thereby. All statements other than statements of historical fact contained herein, including, without limitation, statements regarding the Company's future financial position, business strategy, plans and objectives, are forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "will," "expects," "intends," "plans," "projects," "estimates," "anticipates," or "believes" or the negative thereof or any variation thereon or similar terminology or expressions. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from results proposed in such statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the Company's expectations include, but are not limited to, those factors set forth in the Company's Annual Report on Form 10-K for the year ended December 28, 2014 and its other filings and submissions with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, the Company assumes no obligation to update or revise any forward-looking statements.
SOURCE ARC Group, Inc.
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