Twa Acquires Famous Sams Restaurants And Sports Bars
KANSAS CITY, MO (Thursday, September 15, 2005) -
TWA Restaurant Group, a Kansas City-based restaurant company, announced today that it has acquired Famous Sams, a chain of 29 restaurants and sports bars located throughout the state of Arizona.
Famous Sams will be one of five restaurant brands that TWA Restaurant Group will oversee. Currently, the restaurant group operates Back Yard Burgers, Captain Ds Seafood, Qdoba Mexican Grill, and KCs Rockin Rib House franchises in the Kansas City metropolitan area.
We are truly excited to be part of such a well-known brand in the state of Arizona, says Brian Studdard, president of TWA Restaurant Group. We are actively recruiting franchisees that are just as committed as TWA to aggressively growing this brand in Arizona and throughout the U.S.
One region that TWA plans to expand into quickly is the groups hometown market, Kansas City.
We know that Kansas City is a great sports town with die-hard fans that want to go to their neighborhood sports bar to watch their favorite team play. While we dont have a definitive timetable as to when we will enter the market, we have already begun talking with potential franchisees about opening Famous Sams locations in the Kansas City area and we continue to look for additional qualified restaurant operators, adds Studdard.
Charlie Wooten and Ron Megli of Peoples Bank, Overland Park, provided funding for the transaction.
Founded in Tucson, Ariz., in 1963, Famous Sams falls into the Eatertainment category of the restaurant industry and features overstuffed and oversized sandwiches and a full bar. Famous Sams also offers large numbers of televisions for viewing sporting events and has game areas for both adults and children. Famous Sams bucks the restaurant industry trend by focusing on keeping its customers in the restaurant as long as possible, not quickly turning tables.
More information on Famous Sams is available at www.famoussams.net.
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COMPANY INFORMATION
Famous Sam's Inc.
1930 S. Alma School Rd., #C-105
Mesa,
AZ
Phone: (480)756-9800
Fax: (480)756-9884
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