The forward-looking statements included in this press release relating to certain matters involve risks and uncertainties, including the ability of management to successfully implement its strategy for improving the performance of the Black-eyed Pea
restaurants, the ability of management to effect asset sales consistent with projected proceeds and timing expectations, the results of pending and threatened litigation, adequacy of management personnel resources, shortages of restaurant labor, commodity price increases, product shortages, adverse general economic conditions, adverse weather conditions that may affect the Company's markets, turnover and a variety of other similar matters.
AMEX: PRG), owner and operator of the Black-eyed Pea
restaurant chain and one of the largest franchisees of Denny's, announced today that the company has sold 23 of its Denny's restaurants located in Arizona, Idaho, Utah and Oregon to Mountain Range Restaurants.
The first Black-eyed Pea
restaurant was founded in Dallas in 1975, and the brand has been in Colorado since 1984.
operates full-service, family-oriented and casual dining restaurants, based primarily on the Company's own Black-eyed Pea
restaurant concept and on the Denny's brand.
The free samples have been a New Year's Day Black-eyed Pea
custom for more than 25 years and are a seasonal highlight of the restaurant's flavorful, "craveable" menu of taste tempting appetizers, classic entrees like Chicken- Fried Steak and Slow- Roasted Pot Roast and signature desserts highlighted by Old-Fashioned Raspberry Bread Pudding.
On Thanksgiving Day, Black-eyed Pea
restaurants will open at 10:30 a.
Following the planned divestiture of its Denny's restaurant portfolio, the Company would focus its efforts solely on growing and further developing its Black-eyed Pea
The decrease in restaurant sales is primarily attributable to the reduced number of restaurants in operation as a result of the sale of 23 Denny's restaurants in January 2001 and a decline in comparable store sales at Black-eyed Pea
From our perspective, there are many attractive opportunities in the restaurant industry that are synergistic with our Black-eyed Pea
Desserts include Old-Fashioned Carrot Cake, Texas-Sized Cheesecake, Raspberry Bread Pudding and Black-eyed Pea
classics homemade cobbler and Banana Pudding
operates full-service, family-oriented and casual dining restaurants, based primarily on the Denny's brand and Phoenix Restaurant's own Black-eyed Pea
The financing will enable us to move forward with other stated goals including enhancing our Black-eyed Pea
concept, strengthening our restaurant portfolio by developing new restaurants - particularly in core operating areas - selling and/or closing certain underperforming units and purchasing additional restaurants which conform to our strict acquisition criteria.
AMEX:DEN), the owner and operator of the Black-eyed Pea
(BEP) restaurant chain and a leading franchisee of Denny's restaurants, today announced the Company's shareholders approved a corporate name change to Phoenix Restaurant Group, Inc.
Nikki Giovanni's magnificent poetic voice sings like a choir wearing new robes in her new book Quilting the Black-Eyed Pea
Giovanni's Quilting the Black-Eyed Pea
from William Morrow is slated for December 2002 release.