LOS ANGELES, May 25, 2007 (PRIME NEWSWIRE) -- Grill Concepts, Inc. (Nasdaq:GRIL) today announced a lease signing for a Daily Grill restaurant at The Shops at Prudential Center in Boston, marking the company's first restaurant in the New England market. Expected to debut in the first half of 2008, construction for the 6,700 square-foot, company-owned Boston Daily Grill is budgeted at $2 million.
Quintessentially American in ambiance and cuisine, Daily Grill has received rave reviews for its straightforward, classic American cuisine, prepared using home-cooking techniques and with fresh ingredients purchased daily. Daily Grill's menu features Certified Angus Beef, unique appetizers, fresh seafood and sumptuous desserts, among others, to delight the palates of its patrons. For those who appreciate great American food made from scratch, Daily Grill invites guests to come and experience dining the way it was meant to be, one great meal at a time, by people who care.
"The Shops at Prudential Center offers the city's best selection of restaurants and shops, with more than 60,000 visitors each day, and represents an ideal mixed-use property to serve as our entrance into the New England market," said Philip Gay, chief executive officer. "We believe the prospects for our Boston Daily Grill are strong, and we look forward to introducing our cooked-from-scratch, classic American cuisine to the community."
"We are excited to welcome Daily Grill to The Shops at Prudential Center," said Bryan Koop, senior vice president and regional manager for Boston Properties, owner of the Prudential Center. "Their great food is sure to be a hit with New Englanders."
The Shops at Prudential Center (www.prudentialcenter.com) is New England's #1 shopping and dining destination, featuring 75 shops and restaurants, including the region's only Saks Fifth Avenue, Boston's largest Barnes & Noble and the city's best selection of eateries including The Cheesecake Factory, P.F. Chang's China Bistro and Legal Sea Foods.
Gay added: "We continue to make progress with our accelerated expansion strategy and now have seven executed leases for new Daily Grill restaurant openings through 2008, including Seattle, Austin, Dallas, Fresno, Tulsa and Phoenix. Fueling our efforts are strong comparable sales trends that we have consistently achieved over recent quarters."
About Grill Concepts, Inc.
Grill Concepts owns, manages and licenses upscale casual and fine dining, full service restaurants under two core brand names: The Grill on the Alley and Daily Grill. The company operates 25 restaurants including five The Grill on the Alley-branded restaurants in Beverly Hills, Hollywood and San Jose, California; Chicago, Illinois; and Dallas, Texas, as well as 20 Daily Grill restaurants in Southern and Northern California; the Washington, D.C. metropolitan region; Houston, Texas; Portland, Oregon; and Memphis, Tennessee.
This news release contains forward-looking statements, which are based on current operations, plans and expectations. Such statements include, but are not limited to, the company's ability to continue expanding its restaurant network, projected opening dates of restaurants and projected opening dates of restaurants currently under letters of intent. Actual results may differ materially from these statements due to risks and uncertainties beyond the company's control, which are detailed from time to time in its filings with the United States Securities and Exchange Commission.