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BT Brands, Inc. Acquires Keegan's Seafood Grill
BT Brands, Inc. Acquires Keegan's Seafood Grill
WEST FARGO, ND / ACCESSWIRE / March 3, 2022 / BT BRANDS, INC. (NASDAQ:BTBD) announced today that it completed the acquisition of the assets of Keegan's Seafood Grill. Keegan's has served an extensive menu of local seafood favorites in the Indian Rocks, Florida community near Clearwater, Florida, for more than 35 years. Commenting on the acquisition, CEO Gary Copperud noted, "the Keegan's purchase is expected to exceed our target returns and is an excellent initial purchase following our Initial Public Offering in November of last year."
About BT Brands Restaurants Inc.: BT Brands Restaurants Inc. (BTBD) owns operates fast-food restaurants called Burger Time. Following its November, 2021 public offering, the Company is seeking acquisitions within the restaurant industry. The Company also operates one unit in Minnesota as a franchisee of International Dairy Queen. The Company operates three Burger Time locations in Minnesota, four in North Dakota, and two in South Dakota.
Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within the meaning of federal securities laws. The words "intend," "may," "believe," "will," "should," "anticipate," "expect," "seek," and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, which may cause the Company's actual results to differ materially from results expressed or implied by the forward-looking statements. These risks include such factors as the disruption to our business from COVID-19 pandemic and the impact of the pandemic on our results of operations, financial condition, and prospects which may vary depending on the duration and extent of the pandemic and the impact of federal, state and local government actions and customer behavior in response to the pandemic, the impact and duration of staffing constraints at our restaurants, the uncertain nature of current restaurant development plans and the ability to implement those plans and integrate new restaurants, delays in developing and opening new restaurants because of weather, local permitting or other reasons, increased competition, cost increases or shortages in raw food products, and other matters discussed under the Risk Factors section of the BT Brands' Annual Report on Form 10-K for the fiscal year ended January 3, 2021, filed with the SEC, and other filings with the SEC. BT Brands disclaims any obligation or duty to update or modify these forward-looking statements.
SOURCE: BT Brands, Inc.
View source version on accesswire.com:
WEST FARGO, ND / ACCESSWIRE / March 3, 2022 / BT BRANDS, INC. (NASDAQ:BTBD) announced today that it completed the acquisition of the assets of Keegan's Seafood Grill. Keegan's has served an extensive menu of local seafood favorites in the Indian Rocks, Florida community near Clearwater, Florida, for more than 35 years. Commenting on the acquisition, CEO Gary Copperud noted, "the Keegan's purchase is expected to exceed our target returns and is an excellent initial purchase following our Initial Public Offering in November of last year."
新泽西州西法戈/ACCESSWIRE/2022年3月3日BT Brands,Inc.纳斯达克(Sequoia Capital:BTBD)今天宣布,已完成对基根海鲜烧烤店资产的收购。Keegan‘s在佛罗里达州克利尔沃特附近的印第安岩社区供应当地最受欢迎的海鲜菜单已经超过35年了。在评论此次收购时,首席执行官加里·科珀鲁德指出:“Keegan的收购预计将超过我们的目标回报,是继我们去年11月首次公开募股之后的一次出色的首次收购。”
About BT Brands Restaurants Inc.: BT Brands Restaurants Inc. (BTBD) owns operates fast-food restaurants called Burger Time. Following its November, 2021 public offering, the Company is seeking acquisitions within the restaurant industry. The Company also operates one unit in Minnesota as a franchisee of International Dairy Queen. The Company operates three Burger Time locations in Minnesota, four in North Dakota, and two in South Dakota.
关于BT Brands餐饮公司:BT Brands餐饮公司(BTBD)拥有经营名为Burger Time的快餐店。在2021年11月公开募股后,该公司正在餐饮业寻求收购。该公司还作为国际乳业皇后的特许经营商在明尼苏达州经营着一家分店。该公司在明尼苏达州经营三个汉堡时间分店,在北达科他州经营四个分店,在南达科他州经营两个分店。
Forward-Looking Statements Disclaimer:
前瞻性声明免责声明:
This press release contains forward-looking statements within the meaning of federal securities laws. The words "intend," "may," "believe," "will," "should," "anticipate," "expect," "seek," and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, which may cause the Company's actual results to differ materially from results expressed or implied by the forward-looking statements. These risks include such factors as the disruption to our business from COVID-19 pandemic and the impact of the pandemic on our results of operations, financial condition, and prospects which may vary depending on the duration and extent of the pandemic and the impact of federal, state and local government actions and customer behavior in response to the pandemic, the impact and duration of staffing constraints at our restaurants, the uncertain nature of current restaurant development plans and the ability to implement those plans and integrate new restaurants, delays in developing and opening new restaurants because of weather, local permitting or other reasons, increased competition, cost increases or shortages in raw food products, and other matters discussed under the Risk Factors section of the BT Brands' Annual Report on Form 10-K for the fiscal year ended January 3, 2021, filed with the SEC, and other filings with the SEC. BT Brands disclaims any obligation or duty to update or modify these forward-looking statements.
本新闻稿包含符合联邦证券法的前瞻性陈述。“打算”、“可能”、“相信”、“将会”、“应该”、“预期”、“期望”、“寻求”以及类似的表达方式旨在识别前瞻性陈述。这些陈述涉及已知和未知风险,可能导致公司的实际结果与前瞻性陈述明示或暗示的结果大不相同。这些风险包括:新冠肺炎疫情对我们业务的破坏以及疫情对我们运营结果、财务状况和前景的影响,这些因素可能会有所不同,具体取决于疫情的持续时间和程度,以及联邦、州和地方政府针对流行病采取的行动和客户行为的影响,我们餐厅员工限制的影响和持续时间,当前餐厅发展计划的不确定性以及实施这些计划和整合新餐厅的能力,由于天气、当地许可或其他原因而延误开发和开业新餐厅,竞争加剧,成本增加或短缺以及在提交给美国证券交易委员会的BT品牌截至2021年1月3日的财年10-K表格年度报告中的风险因素部分讨论的其他事项,以及提交给美国证券交易委员会的其他文件中讨论的其他事项。BT Brands没有义务或义务更新或修改这些前瞻性陈述。
SOURCE: BT Brands, Inc.
资料来源:BT Brands,Inc.
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