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MINNEAPOLIS-Buffalo Wild Wings recently signed three deals in which it would add 51 units, entering the northeast region of the US for the first time; the deals are in the New York area, Southeastern US, and Southern California.
The restaurant chain said it has struck a deal for a 36-unit area development agreement for the metro-New York area with Four M Capital Inc., a New York-based investment company. The area development agreement with Buffalo Wild Wings represents Four M Capital's first venture in the restaurant industry. Four M Capital plans to develop locations in each of the five boroughs of New York City, as well as Nassau County, NY, Bergen County, NJ, portions of Westchester County, NY and portions of Southern Connecticut. The first opening is planned for winter 2005.
This agreement signals the beginning of the chain's entrance to New England and the northeastern section of the United States, adding to the current number of 320 restaurants in 32 states. The chain it is now one of the top 10 fastest growing restaurant chains in the United States.
"The concept is a natural for this geographic area--there are millions of wings, beer and sports fans, and we can't wait to provide them with a location that delivers these three essentials in an energetic, family-friendly environment," says James Bitzonis, president of Four M Capital.
Buffalo Wild Wings also signed an 11-unit deal with Randy Schwoerer for new franchised locations in southern Alabama, the Florida panhandle and portions of the Mississippi Coast.
Additionally, Buffalo Wild Wings Inc. recently signed an area development agreement with Luke Strockis and Jim Pappas for California with a five-unit deal.
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