Chicago Pizza & Brewery Inc. to Open 28th Site in La Mesa, Calif.MISSION VIEJO Mission Vi·e·jo A community of southern California southeast of Irvine. It is mainly residential. Population: 96,300. , Calif.--(BUSINESS WIRE)--Aug. 5, 1999-- Chicago Pizza & Brewery Inc. (Nasdaq:CHGO) Thursday announced that it has executed a lease, subject to transfer of the liquor license Noun 1. liquor license - a license authorizing the holder to sell alcoholic beverages liquor licence license, permit, licence - a legal document giving official permission to do something , on a new location in La Mesa La Mesa (lə mā`sə), city (1990 pop. 52,931), San Diego co., S Calif., a suburb of San Diego; inc. 1912. It is a retail center and a popular residence for upper- and middle-income professionals in the San Diego area. , Calif. The 7,400 square foot restaurant is located at the Grossmont Center, which is adjacent to Interstate 8 in Eastern San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. County. The restaurant will be the company's 28th and is expected to open in the fall of this year. "We are excited about this high density, family driven area," said Paul Motenko, chief executive officer. "We feel the community will be very receptive to the BJ's concept." The La Mesa restaurant will be the third opened by the company in 1999. The company's Arcadia and Woodland Hills, Calif. restaurants, opened earlier this year, have achieved very strong initial sales. An additional unit in Valencia, Calif. is expected to open in the beginning of next year. Chicago Pizza & Brewery operates 27 casual dining restaurants, some of which incorporate brewpubs. Ten of the restaurants are located in Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, , one in Lahaina, Maui and another in Boulder, Colo. The company operates seven BJ's restaurants in Oregon and 10 Pietro's restaurants in Oregon and Washington. BJ's restaurants offer customers a moderately priced menu that includes deep-dish Chicago-style pizza Chicago-style pizza is a specific variety of pizza. Pizza is traditionally considered to be a type of hearth cake such as focaccia. The Chicago-style pizza shares more in common with a casserole, such as lasagna. as well as sandwiches, salads, desserts, critically acclaimed hand-crafted beers and more. Visit Chicago Pizza & Brewery on the Web at http://www.bjsbrewhouse.com. The information presented herein contains certain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of Section 27A of the Securities Act of 1933, as amended, which are intended to be covered by the safe harbors Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. created thereby. The company's results may differ significantly from the results indicated by such forward-looking statements. Factors that might cause such differences include, but are not limited to: (i) the company's ability to manage growth and conversions, (ii) construction delays, (iii) restaurant and brewery industry competition and other such industry considerations, (iv) marketing and other limitations based on the company's historic concentration in Southern California and current concentration in the Northwest, (v) consumer trends, (vi) increased food costs and wages, including, without limitation, the recent increase in the minimum wage, and (vii) other general economic and regulatory conditions. |
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