On The Border Announces Agreement to Develop New Restaurants in South Dakota and Wyoming
26 Giugno 2007 - 6:00PM
PR Newswire (US)
DALLAS, June 26 /PRNewswire-FirstCall/ -- Brinker International,
Inc. (NYSE:EAT) announced it has signed an agreement with South
Dakota based SDWYO, LLC to develop four On The Border Mexican Grill
& Cantina(R) restaurants in Wyoming and South Dakota. The
restaurants are scheduled to be completed by 2011. Including this
transaction, Brinker brands will surpass the company's initial goal
to increase franchise ownership to 30 percent by the end of
calendar year 2007. As recently announced, Brinker anticipates
franchise ownership will further grow to 35 percent by end of
fiscal year 2008. "On The Border is a great brand and we are
excited to bring it to the people of South Dakota and Wyoming,"
said Bryan Gonzalez, managing partner of SDWYO. "We are looking
forward to working with a reputable leader in the restaurant
industry such as Brinker." "SDWYO is an established restaurant
operator and we are pleased to be working with them on this
development agreement," said Dave Orenstein, president of On The
Border Grill & Cantina. On The Border Mexican Grill &
Cantina (http://www.ontheborder.com/) is the largest casual Mexican
restaurant chain in the United States, with more than 140 locations
in 32 states. On The Border celebrates traditional Mexican dishes
with a twist, served in vibrant decor and featuring lively music.
On The Border is part of Dallas-based Brinker International
(NYSE:EAT). Other Brinker restaurant brands include Chili's Grill
& Bar, Romano's Macaroni Grill and Maggiano's Little Italy.
DATASOURCE: Brinker International, Inc. CONTACT: Tony Schembri of
Brinker International, +800-775-7290 Web site:
http://www.ontheborder.com/
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