Printer Friendly

Q-STEAKS TO EXPAND IN WESTERN NEW YORK STATE; ANNOUNCES PROGRESS ON TWO MINNESOTA LOCATIONS

 MINNEAPOLIS, Jan. 4, 1993 -- Q-Steaks, Inc. (NASDAQ: QSTK) today announced it has signed leases for two new restaurant sites in western New York state, where it intends to locate the first of its "P. Bunyan's Steakhouse" restaurants. These are the first sites the company has leased outside of Minnesota.
 One site is in Williamsville, N.Y., a suburb of Buffalo. The other site is in Niagara Falls, N.Y., near the popular Niagara Falls tourist area. Both locations are within the Greater Buffalo metropolitan area, consistent with the company's strategy of clustering restaurants for promotional and operating efficiencies.
 Restaurants at both locations will be approximately 7,000 square feet, with seating for 210 customers. Liquor licenses for the restaurants are pending. Construction at both sites is expected to be completed in the second quarter of 1994.
 Q-Steaks also announced it has signed a lease for a site in St. Louis Park, Minn., a suburb of Minneapolis. The company intends to locate a "Minnesota Steakhouse" restaurant at the site, which is on the northeast corner of the intersection of Hwy 100 and Excelsior Blvd. A liquor license is approved for the restaurant, which the company anticipates will open early in the third quarter of 1994.
 Construction has begun on another Minnesota Steakhouse restaurant in Duluth, Minn., which the company anticipates will open in late March of this year.
 Q-Steaks, based in Minneapolis, currently operates three "Minnesota Steakhouse" restaurants in the suburban Twin Cities area, and is expanding its north woods steakhouse concept in selected markets in the northern tier of the United States under the name "P. Bunyan's Steakhouse."
 -0- 1/4/94
 /CONTACT: John Swenson, Swenson/Falker Associates, 612-371-0000 or Dermot Rowland of Q-Steaks, 612-929-9353/
 (QSTK)


CO: Q-Steaks, Inc. ST: Minnesota, New York IN: FOD REA SU:

DS -- MN001 -- 8776 01/04/94 08:58 EST
COPYRIGHT 1994 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1994 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jan 4, 1994
Words:306
Previous Article:TERA WEST VENTURES INC. SIGNS LETTER OF INTENT TO ACQUIRE AIMRITE SYSTEMS INTERNATIONAL INC.
Next Article:GO-VIDEO ANNOUNCES FURTHER INCREASE OF CREDIT LINE TO PURCHASE ADDITIONAL UNITS, INTRODUCE NEW PRODUCT
Topics:

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters