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Western Sizzlin Cools

ROANOKE, VA-Steak restaurateur Western Sizzlin Corp. sees mild revenue gains in its Q3 and takes a loss during the last nine months.

By Dana Dubriwny | Updated on November 14, 2005

ROANOKE, VA-In the company’s latest earnings statement, CEO and president of steak restaurateur Western Sizzlin Corp., James C. Verney, said the company continues review its real estate opportunities for franchise and company-owned operations.

With a total of 144 units in 21 states in the third quarter, the company operates under names of Western Sizzlin Steak & More, Western Sizzlin Wood Grill, Great American Steak & Buffet Company and Quincy Steakhouses. Hoping to spur additional sales and traffic, the company is remodeling two company-owned restaurants in Northern Virginia, and there are plans to open a new prototypical franchised Western Sizzlin in Arkansas sometime next year.

Western Sizzlin also obtained financing during the quarter to open from its joint venture partner, W & K Foods to operate a “Wood Grill by Western Sizzlin” restaurant in Harrisnburg, VA. This location is scheduled to open mid 2006.

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