Dixie Foods International/Preferred Restaurant Brands Opens Second Papa John's Location
| Reuters
1. Dixie Foods International/Preferred Restaurant Brands
Opens Second Papa John's Location | Reuters
PR Newswire
LAS VEGAS, Dec. 1, 2014
LAS VEGAS, Dec. 1, 2014 /PRNewswire/ -- Dixie Foods International, Inc. (OTCQB: DIXI), which
recently announced that it is changing its name to "Preferred Restaurant Brands", announced it
opened its second Papa John's location (@ 5015 Roseville Blvd. in Roseville California) this past
Saturday.
"We are excited to be expanding our Papa John's presence in Northern California," noted PRB's CEO
Ken Antos. "This store opened to strong results this past weekend, as did our first location in
Rocklin a few weeks ago; and, we look forward to serving this fast-growing community with Papa
John's quality pizza and service. We expect to open at least two additional Papa John's locations in
December."
Roseville, approximately 16 miles northeast of Sacramento, is the largest city in Placer County,
California. Roseville's population was estimated to be at approximately 127,000 as of January 1,
2014. Placer County is included in the Sacramento/Roseville/Arden/Arcade, California
Metropolitan Statistical Area. It is located in both the Sacramento Valley and Sierra Nevada
regions, in what is known as the Gold Country. It stretches from the suburbs of Sacramento to Lake
Tahoe and the Nevada border.
Per Roseville's official web site (www.roseville.ca.us):
"The strength and balance of Roseville's diverse economy allows the city to thrive. Business ventures
in Roseville range from technology, healthcare, agriculture and financial services. Top business
employers within the city include Hewlett-Packard, Telefunken Semiconductors USA, Kaiser
Permanente and the Union Pacific Railroad. However, its economic gem of retail draws in the
crowds, with the expansive Westfield Galleria leading the way."
The Roseville location is in approximately 1,573 square feet of space, leased and renovated by
Preferred Restaurant Brands, in the Foothills And Junction Shopping Center - anchored by a fitness
facility, a bank and other restaurants. Located along Foothills Blvd. at Junction, this location serves
west Roseville residents. That area also boasts a strong day time populations that includes
employees from Hewlett-Packard, Surewest, Sutter and TSI Semiconductors.
Preferred Restaurant Brands currently has eight additional Papa John's locations in the Fresno and
Sacramento areas in various stages of planning and construction. The Rocklin location, this one and
the locations currently under development are in connection with its exclusive rights to develop
Papa John's in trade areas stretching from Fresno to north of Sacramento, California. Preferred
Restaurant Brands has committed, per its March 2014 Area Development Agreement with Papa
John's, to build 27 locations by the end of 2015 - including its first two locations in Las Vegas.
2. "We expect to meet our Papa John's-related growth targets over the next 12 months in addition to
our pending acquisition of two existing Papa John's locations in the Fresno area," noted Antos.
Headquartered in Las Vegas, Nevada, Preferred Restaurant Brands, through its recently-acquired
KCI Investments, LLC, also operates 13, franchised Capriotti's Sandwich Shops throughout its
development areas - consisting of: parts of Dallas/Fort Worth, Southern California markets (Orange
County, San Diego County and parts of Los Angeles County), as well as parts of Las Vegas. Besides
its pending Papa John's locations, KCI also has a number of new Capriotti's in development in
various development areas.
In addition Preferred Restaurant Brands currently manages Elements Fine Casual Dining Cocktails,
and has in various phases of development and construction: an Alex Stratta Italian Steakhouse and
TAPAS by Alex Stratta, which is scheduled to open in mid-December of this year.
For information contact:
Richard Groberg
CFO
Preferred Restaurant Brands, Inc.
investorrelations@kciinvestmentsllc.com
1-702-834-7101
This press release contains forward-looking statements that relate to expectations, beliefs,
projections, future plans and strategies, anticipated events and similar expressions. Forward-
looking statements may be identified by use of words such as "may," "will," "should," "expects,"
"intends," "plans," "anticipates," "believes," "estimates," or "potential" or similar words or phrases
which are predictions of or indicate future events or trends. Statements relating to plans and
objectives for future operations, including those relating to KCI Investments, LLC, are based on
Preferred Restaurant Brands' current expectations, plans, estimates, assumptions and beliefs that
involve numerous risks and uncertainties. Any of these statements could prove to be inaccurate and
actual events or investments and results of operations could differ materially from those expressed
or implied. To the extent that Preferred Restaurant Brands' assumptions differ from actual results,
Preferred Restaurant Brands' ability to meet such forward-looking statements may be significantly
and negatively impacted. You are cautioned not to place undue reliance on any forward-looking
statements and Preferred Restaurant Brands disclaims any obligation to publicly update or revise
any forward-looking statement to reflect changes in underlying assumptions or factors, new
information, future events or other changes. Please refer to Preferred Restaurant Brands' Annual
Report on Form 10-K filed with the Securities and Exchange Commission (the "SEC") for the fiscal
year ended August 31, 2013 and subsequently filed SEC reports for further information
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/dixi-
-foods-internationalpreferred-restaurant-brands-opens-second-papa-johns-location-300002397.html
SOURCE Dixie Foods International, Inc.
http://www.reuters.com/article/2014/12/01/dixiefoods-papajohns-idUSnPn9KwRB2%2B96%2BPRN20
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