ress Release Source: Santa Fe Holding Company, Inc.
Santa Fe Cattle Co.'s Ardmore, Okla. Restaurant Has Record Opening Week Sales
Tuesday June 3, 8:00 am ET
Tuscaloosa, Ala., and Ardmore, Okla. Prove Hungry for High-Quality, Reasonably Priced Family Steakhouse
BRENTWOOD, TN and ARDMORE, OK--(MARKET WIRE)--Jun 3, 2008 -- Santa Fe Holding Co., Inc. (Other OTC:SFHD.PK - News), the parent company of the Santa Fe Cattle Co. steak restaurant chain, today announced record-breaking opening sales for its newest location in Ardmore, Okla. The 23rd Santa Fe Cattle Co. "roadhouse" steak restaurant opened on May 5th in Tuscaloosa, Alabama, and the 24th location opened on May 19th in Ardmore, Oklahoma. The stores both had powerful sales in their opening week, with the Ardmore store ringing up record sales of more than $110,000 for the week, surpassing the previous opening week record of $103,000 achieved at the Troy, Ala., location in February 2008.
The results continue a trend of strong sales and revenue growth demonstrated by Santa Fe Cattle Co., one of the fastest growing concepts in the restaurant industry. The company is pursuing an aggressive yet proven growth strategy that will add 10 new locations in 2008 and 12 additional restaurants in 2009 -- doubling the number of current locations. Five new Santa Fe Cattle Co. restaurants are currently under construction, with openings slated for locations in McComb, Miss.; Ada, Okla.; Bixby, Okla.; and Albertville, Ala., during the next 5 months.
"All of our new stores are having outstanding opening sales numbers, which after a normal leveling off period generate over $3 million in annualized sales," said Santa Fe Founder and Chairman Danny York. "This is unheard of for a 5,947-square-foot restaurant seating 187 people. We've carefully and purposefully developed our formula which is: simply awesome food in a distinctive down-home casual atmosphere at a very reasonable price."
He added, "We must have the right recipe because customers are not only enjoying our food but are consistently asking how they can invest in the company."
York credits the fact that Santa Fe Cattle Co. fills a wide-open niche in the communities they select for their locations, as well as in the dining industry as a whole. By focusing on smaller towns and secondary markets for its new restaurants, Santa Fe Cattle Co. enjoys less expensive real estate, labor, and more stable local economies.
With gas over $4 a gallon in many areas, a lot of people are giving up vacations but they're not going to stop going out to eat. Each of the Santa Fe Cattle Co. restaurants has become a little attraction in town. All the new stores feature a fun, casual environment filled with local artifacts and whimsical décor such as the company's signature Big Ass® ceiling fans and natural stone.
But the primary attraction remains the food -- such as its USDA Choice steaks, which Santa Fe is able to offer at outstanding prices by cutting and aging in-house. The restaurants also are known for their ribs, fajitas, Texas Hills Country-influenced cuisine, signature homemade sauces, fresh-baked rolls with cinnamon butter and all the peanuts you can eat.
REMINDER: Santa Fe Holding Co. will host an investor conference call and Web cast on Thursday, June 5th, 2008 at 11:00 a.m., EDT. Participants may call 877-407-9205. A Web cast will be available at: http://www.investorcalendar.com/IC/CEPage.asp?ID=130191.
ABOUT SANTA FE HOLDING COMPANY
Santa Fe Holding Company of Brentwood, Tenn., operates Santa Fe Cattle Co., one of the nation's fastest growing casual dining "roadhouse" steak restaurant chains. Started in 1996, it provides customers with a unique blend of perfectly aged USDA Choice steaks, ribs, fajitas, Texas Hill Country-influenced homemade sauces and dressings, and mouth-watering Chuck Wagon favorites developed exclusively for the company. Each restaurant's distinctive signature décor creates a nostalgic, down-home, family-oriented atmosphere reminiscent of the Old West with simply awesome food, amazingly friendly service -- all at a reasonable price. For more information, visit: www.santafecattle.com.
Safe Harbor
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995:
Statements in this news release looking forward in time involve risks and uncertainties, including the risks associated with the effect of changing economic conditions, trends in the markets, variations in the company's cash flow, competition, availability and cost of materials and labor and suitable real estate locations; and other risk factors.
To receive email updates on Santa Fe Holding Co. financials, news and events please send an email with your first and last name, phone number, firm name and the subject: "SFHD email update request" to Paul@coreconsultinggroup.com.
Contact:
Contact:
Media Relations
Accentuate PR
Julie Shepherd
815 479 1833
Julie@accentuatePR.com
Investor Relations
Core Consulting Group
Paul DeRiso
925-465-6088
paul@coreconsultingroup.com
Source: Santa Fe Holding Company, Inc.
Wednesday, June 4, 2008
Tuesday, May 27, 2008
SFHD NEWS: CONFERENCE CALLL, June 5, 2008 11 am est. Will keep you posted here for details
There will be a conference call scheduled for June 5, 2008 at 11:00 am EST. To create a better understanding about the company, SFHD will open a venue where investors, brokers, and analyst can ask questions regarding their current progress. There will also be a web cast announcement in Yahoo Finance, Investor Calendar, Market Watch and Edgar Online powered and moderated by Precision IR.
Santa Fe Holding Company (OTC:SFHD), headquartered in Brentwood, Tennessee, is a restaurant holding company which currently owns and operates a chain of 22 Santa Fe Cattle Co. “roadhouse” steak restaurants. Its restaurants are located in Alabama, Georgia, Mississippi, Indiana, Tennessee, Kentucky and Oklahoma.
Santa Fe’s revenues increased 32.4% in 2006 to a record $21.6 million and were 286% higher than 2003 revenues. This growth reflects an increase in the chain from 6 units in 2003 to 12 units at year-end 2006 as well as higher average sales per restaurant. The Company did achieve its 2007 revenue goal of $33 million. In the first six months of 2007, Santa Fe generated revenues of $13.5 million and expanded its chain to 18 locations.
The Company’s business model centers on developing a network of casual dining steakhouse restaurants across the US that provide customers with quality food, exceptional service and a fun dining experience, all at a reasonable price. Its goal is to dominate the underserved, $10-12 dining niche of the steakhouse restaurant segment.
By year-end 2009, Santa Fe management expects to operate at least 40 restaurants and generate annual per store sales of approximately $3 million. Given the results already achieved under Mr. York’s leadership, we think these projections are reasonable and expect the Company to produce revenues approaching $100 million by year-end 2009.
Our 2009 revenue target is based on sales of $2.6 million per store and 40 restaurant locations. However, according to management, Santa Fe’s annualized sales per store already exceed $2.6 million and are expected to approach $3 million by 2009.
I have attached the latest Investor Packet from the company indicating their current growth status for your reference.
We will be expecting you in the conference call, June 5, 2008, Thursday 11:00 am EST.
Santa Fe Holding Company (OTC:SFHD), headquartered in Brentwood, Tennessee, is a restaurant holding company which currently owns and operates a chain of 22 Santa Fe Cattle Co. “roadhouse” steak restaurants. Its restaurants are located in Alabama, Georgia, Mississippi, Indiana, Tennessee, Kentucky and Oklahoma.
Santa Fe’s revenues increased 32.4% in 2006 to a record $21.6 million and were 286% higher than 2003 revenues. This growth reflects an increase in the chain from 6 units in 2003 to 12 units at year-end 2006 as well as higher average sales per restaurant. The Company did achieve its 2007 revenue goal of $33 million. In the first six months of 2007, Santa Fe generated revenues of $13.5 million and expanded its chain to 18 locations.
The Company’s business model centers on developing a network of casual dining steakhouse restaurants across the US that provide customers with quality food, exceptional service and a fun dining experience, all at a reasonable price. Its goal is to dominate the underserved, $10-12 dining niche of the steakhouse restaurant segment.
By year-end 2009, Santa Fe management expects to operate at least 40 restaurants and generate annual per store sales of approximately $3 million. Given the results already achieved under Mr. York’s leadership, we think these projections are reasonable and expect the Company to produce revenues approaching $100 million by year-end 2009.
Our 2009 revenue target is based on sales of $2.6 million per store and 40 restaurant locations. However, according to management, Santa Fe’s annualized sales per store already exceed $2.6 million and are expected to approach $3 million by 2009.
I have attached the latest Investor Packet from the company indicating their current growth status for your reference.
We will be expecting you in the conference call, June 5, 2008, Thursday 11:00 am EST.
Thursday, May 15, 2008
SANTA FE OPENS NEW STORE..AGAIN!:Santa Fe Holding Company, Inc. Announced Today That It Will Open the Company's 24th Restaurant in Ardmore, OK ...
Press Release
Source: Santa Fe Holding Company, Inc.
Santa Fe Holding Company, Inc. Announced Today That It Will Open the Company's 24th Restaurant in Ardmore, OK on May 19, 2008
Thursday May 15, 9:30 am ET
BRENTWOOD, TN--(MARKET WIRE)--May 15, 2008 -- Santa Fe Holding Co., Inc. (Other OTC: - News), the parent company of Santa Fe Cattle Co., announced today that it has set the opening date of its newest restaurant. This will be the company's 24th location and will open on Monday, May 19th in Ardmore, Oklahoma. Santa Fe Holding Co. is a restaurant holding company which currently owns and operates 23 Santa Fe Cattle Co. restaurants located throughout 7 states.
The new store is located in the Ardmore Commons, a Burk Collins Development. This development will eventually have an 8 screen movie theater, is currently located next to a new Lowe's, and is less than two miles from one of the town's largest employers, the Michelin Tire Plant. Company Chairman Danny York noted, "Santa Fe Cattle Co., in my opinion, has the best location due to the high traffic count in front of the store and very little competition in the surrounding area." Mr. York went on to say, "This is our kind of market."
He went on to note that the Ardmore store will be one of many in the south Oklahoma state market. Currently Santa Fe Cattle Co. has eight locations in the Oklahoma City market.
York also said, "Oklahoma has been a great state for our concept and we plan on developing at least 12 more stores in that state over the next 2 years."
With the opening of Ardmore, Santa Fe Cattle Co. will have opened 4 new locations in 2008 with their latest opening taking place in Tuscaloosa, Alabama just two weeks ago.
"The Oklahoma market is vibrant and not experiencing the same slowdown the rest of the country seems to be concerned about," stated Don Clifford, Vice President of Real Estate. "One of the states top industries is oil and with oil prices remaining so high the economy seems to be buffered from the typical economic slowdown."
Mr. Clifford added, "We are excited to be positioned with six stores currently under development in Oklahoma."
The company currently has five new locations under construction, with all of those stores on schedule to open during the next two quarters. Santa Fe Cattle Co. is one of the fastest growing concepts in the restaurant industry, ending 2007 with total revenue up more than 57% over last year. The company currently has property bought or under contract to open 10 new stores in calendar year 2008.
Investors can learn more about the company, the food, and store locations on our website: www.santafecattle.com.
ABOUT THE COMPANY
Santa Fe Holding Company is the holding company for one of the nation's fastest growing casual dining "roadhouse" steak restaurant chains with locations in seven states. Santa Fe Cattle Co., started in 1996, provides customers with a unique blend of perfectly aged USDA Choice steaks and mouth-watering Chuck Wagon favorites developed exclusively for Santa Fe Cattle Co. The menu contains a melting pot of Texas Hill Country influences, from south of the border enchiladas and fajitas to hearty sausage and authentic flavored sauces and dressings that can only be found at a Santa Fe Cattle Co. restaurant. Each store has a "Big Ass Ceiling Fan" encompassing the entire dining room with customers enjoying the casual, nostalgic family oriented atmosphere reminiscent of the old west. The company, located in Brentwood, TN, was established to provide customers with great food, awesome service, in a fun atmosphere, all at a reasonable price.
Contact:
Contact:
Core Consulting Group
Paul DeRiso
925-465-6088
paul@coreconsultingroup.com
--------------------------------------------------------------------------------
Source: Santa Fe Holding Company, Inc.
Source: Santa Fe Holding Company, Inc.
Santa Fe Holding Company, Inc. Announced Today That It Will Open the Company's 24th Restaurant in Ardmore, OK on May 19, 2008
Thursday May 15, 9:30 am ET
BRENTWOOD, TN--(MARKET WIRE)--May 15, 2008 -- Santa Fe Holding Co., Inc. (Other OTC: - News), the parent company of Santa Fe Cattle Co., announced today that it has set the opening date of its newest restaurant. This will be the company's 24th location and will open on Monday, May 19th in Ardmore, Oklahoma. Santa Fe Holding Co. is a restaurant holding company which currently owns and operates 23 Santa Fe Cattle Co. restaurants located throughout 7 states.
The new store is located in the Ardmore Commons, a Burk Collins Development. This development will eventually have an 8 screen movie theater, is currently located next to a new Lowe's, and is less than two miles from one of the town's largest employers, the Michelin Tire Plant. Company Chairman Danny York noted, "Santa Fe Cattle Co., in my opinion, has the best location due to the high traffic count in front of the store and very little competition in the surrounding area." Mr. York went on to say, "This is our kind of market."
He went on to note that the Ardmore store will be one of many in the south Oklahoma state market. Currently Santa Fe Cattle Co. has eight locations in the Oklahoma City market.
York also said, "Oklahoma has been a great state for our concept and we plan on developing at least 12 more stores in that state over the next 2 years."
With the opening of Ardmore, Santa Fe Cattle Co. will have opened 4 new locations in 2008 with their latest opening taking place in Tuscaloosa, Alabama just two weeks ago.
"The Oklahoma market is vibrant and not experiencing the same slowdown the rest of the country seems to be concerned about," stated Don Clifford, Vice President of Real Estate. "One of the states top industries is oil and with oil prices remaining so high the economy seems to be buffered from the typical economic slowdown."
Mr. Clifford added, "We are excited to be positioned with six stores currently under development in Oklahoma."
The company currently has five new locations under construction, with all of those stores on schedule to open during the next two quarters. Santa Fe Cattle Co. is one of the fastest growing concepts in the restaurant industry, ending 2007 with total revenue up more than 57% over last year. The company currently has property bought or under contract to open 10 new stores in calendar year 2008.
Investors can learn more about the company, the food, and store locations on our website: www.santafecattle.com.
ABOUT THE COMPANY
Santa Fe Holding Company is the holding company for one of the nation's fastest growing casual dining "roadhouse" steak restaurant chains with locations in seven states. Santa Fe Cattle Co., started in 1996, provides customers with a unique blend of perfectly aged USDA Choice steaks and mouth-watering Chuck Wagon favorites developed exclusively for Santa Fe Cattle Co. The menu contains a melting pot of Texas Hill Country influences, from south of the border enchiladas and fajitas to hearty sausage and authentic flavored sauces and dressings that can only be found at a Santa Fe Cattle Co. restaurant. Each store has a "Big Ass Ceiling Fan" encompassing the entire dining room with customers enjoying the casual, nostalgic family oriented atmosphere reminiscent of the old west. The company, located in Brentwood, TN, was established to provide customers with great food, awesome service, in a fun atmosphere, all at a reasonable price.
Contact:
Contact:
Core Consulting Group
Paul DeRiso
925-465-6088
paul@coreconsultingroup.com
--------------------------------------------------------------------------------
Source: Santa Fe Holding Company, Inc.
Wednesday, May 14, 2008
Thursday, May 8, 2008
ENTERPRISE-JOURNAL.COM Santa Fe restaurant chain finds new home in McComb
From this article: http://www.enterprise-journal.com/articles/2008/01/17/news/02.txt
Santa Fe restaurant chain finds new home in McComb
Posted: 01/17/08 - 12:36:52 pm CST
Danny York came to Pike County in 2007 to hunt deer and bagged a new location for his
business.And the search for his quarry was inspired by lunch.
“We were waiting at the McComb airport to go back to Tennessee,” said York, founder and chairman of the Santa Fe Cattle Co., a restaurant chain based in Brentwood, Tenn. “The plane was delayed, and it was lunchtime.”
York said he and his companions went to a restaurant for lunch and he was amazed at the line of diners waiting to eat.
“I told my real estate guy who was with me to take a look at the area,” he said.
On Tuesday, York and company president John Davis were in McComb to break ground for what will be Santa Fe Cattle Co.’s 25th restaurant.
The McComb restaurant on Apache Drive will be the company’s third in Mississippi. It is expected to open sometime in July.
“I think we’ll do great here,” York said.
The company has restaurants in Tupelo and Columbus, and in Alabama, Georgia, Tennessee, Indiana, Kentucky and Oklahoma.
Santa Fe ended 2007 with $33.9 million in sales and projects reaching $61 to 62 million in sales this year, and anticipates opening 10 restaurants during 2008 — most of those in small towns.York said he initially looked at Jackson to locate his third Mississippi restaurant but decided to open a restaurant in the southern part of the state, and McComb fit the bill.
He anticipates that the McComb restaurant could be the hub of a group of three or four restaurants, with one in the Jackson area and in Hammond.
He said the company’s policy is to have a supervisor who lives in the area where a restaurant is located and oversee the operations of three to four restaurants.
McComb’s Santa Fe Cattle Co. restaurant will be built by Clark Construction Co., which is also building another restaurant for the company.
Clark Construction owner Brad Clark said his company developed a relationship with Santa Fe Cattle Co. in 2007.“We have worked with this development for several months and are delighted to bring Santa Fe to McComb,” Clark said. “Santa Fe will help fill a void in the full-service, sit-down restaurant and will provide up to 80 jobs for the area.
“We are proud to be associated with Santa Fe and be included in their future growth,” he said. “We also appreciate the support of the city of McComb and Mayor Zach Patterson and the Pike County Economic Development Foundation Director Britt Herrin.”
York has 20 years experience in the restaurant business, previously owning a multi-unit Western Sizzlin Steakhouse franchise and developing the Logan’s Roadhouse restaurant concept.
He began the concept for Santa Fe in 1996 and later sold his interest in the restaurant. He bought it back in 2003.
The restaurant offers a varied menu built around fresh, hand-cut steaks.“All of our meat is fresh and aged to a set of specifications,” York said. “All of our steaks are cut in-house.”
Besides the steaks, Santa Fe’s menu offers chicken and seafood, Tex-Mex and soups and salads.
Santa Fe restaurant chain finds new home in McComb
Posted: 01/17/08 - 12:36:52 pm CST
Danny York came to Pike County in 2007 to hunt deer and bagged a new location for his
business.And the search for his quarry was inspired by lunch.“We were waiting at the McComb airport to go back to Tennessee,” said York, founder and chairman of the Santa Fe Cattle Co., a restaurant chain based in Brentwood, Tenn. “The plane was delayed, and it was lunchtime.”
York said he and his companions went to a restaurant for lunch and he was amazed at the line of diners waiting to eat.
“I told my real estate guy who was with me to take a look at the area,” he said.
On Tuesday, York and company president John Davis were in McComb to break ground for what will be Santa Fe Cattle Co.’s 25th restaurant.
“I think we’ll do great here,” York said.
The company has restaurants in Tupelo and Columbus, and in Alabama, Georgia, Tennessee, Indiana, Kentucky and Oklahoma.
Santa Fe ended 2007 with $33.9 million in sales and projects reaching $61 to 62 million in sales this year, and anticipates opening 10 restaurants during 2008 — most of those in small towns.York said he initially looked at Jackson to locate his third Mississippi restaurant but decided to open a restaurant in the southern part of the state, and McComb fit the bill.
He anticipates that the McComb restaurant could be the hub of a group of three or four restaurants, with one in the Jackson area and in Hammond.
He said the company’s policy is to have a supervisor who lives in the area where a restaurant is located and oversee the operations of three to four restaurants.
McComb’s Santa Fe Cattle Co. restaurant will be built by Clark Construction Co., which is also building another restaurant for the company.
Clark Construction owner Brad Clark said his company developed a relationship with Santa Fe Cattle Co. in 2007.“We have worked with this development for several months and are delighted to bring Santa Fe to McComb,” Clark said. “Santa Fe will help fill a void in the full-service, sit-down restaurant and will provide up to 80 jobs for the area.
“We are proud to be associated with Santa Fe and be included in their future growth,” he said. “We also appreciate the support of the city of McComb and Mayor Zach Patterson and the Pike County Economic Development Foundation Director Britt Herrin.”
York has 20 years experience in the restaurant business, previously owning a multi-unit Western Sizzlin Steakhouse franchise and developing the Logan’s Roadhouse restaurant concept.
He began the concept for Santa Fe in 1996 and later sold his interest in the restaurant. He bought it back in 2003.
The restaurant offers a varied menu built around fresh, hand-cut steaks.“All of our meat is fresh and aged to a set of specifications,” York said. “All of our steaks are cut in-house.”
Besides the steaks, Santa Fe’s menu offers chicken and seafood, Tex-Mex and soups and salads.
Santa Fe Holding Co. Has Been Selected as the MicroCapGems.com Weekly Gem
| Press Release | Source: Santa Fe Holding Company, Inc. |
Santa Fe Holding Co. Has Been Selected as the MicroCapGems.com Weekly Gem
Thursday May 8, 12:49 pm ET
Below is just a small portion of the newsletter write up:
"We find the Company attractive due to its solid revenue growth, Corporate expansion plans and management's experience.
"What's more, we believe some of the Company's key differentiators (weekly tracking of store sales by line item & in-house cutting and aging rather than purchasing pre-packaged and ready to use beef) may give Santa Fe an advantage over its competition, allowing improved profitability and better cost monitoring, in addition to a better quality and value of the restaurant's food menu."
The entire newsletter story can be viewed at the following URL: http://microcapgems.com/newsletter/186.html
Santa Fe Cattle Co. is one of the fastest growing concepts in the restaurant industry, ending 2007 with total revenue up more than 57% over last year.
Investors can learn more about the company, the food, and store locations on our website: www.santafecattle.com.
ABOUT SANTA FE HOLDING CO., INC.
Santa Fe Holding Company is the holding company for one of the nation's fastest growing casual dining "roadhouse" steak restaurant chains with locations in seven states. Santa Fe Cattle Co., started in 1996, provides customers with a unique blend of perfectly aged USDA Choice steaks and mouth-watering Chuck Wagon favorites developed exclusively for Santa Fe Cattle Co. The menu contains a melting pot of Texas Hill Country influences, from south of the border enchiladas and fajitas to hearty sausage and authentic flavored sauces and dressings that can only be found at a Santa Fe Cattle Co. restaurant. Each store has a "Big Ass Ceiling Fan" encompassing the entire dining room with customers enjoying the casual, nostalgic family oriented atmosphere reminiscent of the old west. The company, located in Brentwood, TN, was established to provide customers with great food, awesome service, in a fun atmosphere, all at a reasonable price.
ABOUT MICROCAP GEMS
We know that micro-cap stocks can be risky but we believe that large profit potential exists in some of those same micro-cap companies.
The Microcap Gems Newsletter attempts to find tremendous growth opportunities in the micro-cap market. We look for companies showing unusual promise and what we perceive as a favorable risk to reward ratio by using meticulous analysis of the company and its competitors. We do this by reading and evaluating all of the research reports written about micro-cap stocks, contacting the companies, customers and competitors. Most of the research written about micro-cap stocks is termed "issuer paid research" since the companies themselves pay the research firm to have the report written.
Microcap Gems is not an issuer paid research provider and to preserve our objective evaluations MicroCap Gems does not accept any payments to profile a company nor do we trade in any of the companies we cover.
Steven J. Anderson has over 13 years experience in the investment and trading arena. He graduated from West Virginia University in 1992 with a BSBA in Finance/Investments and Securities.
Contact:
Contact:
Core Consulting Group
Paul DeRiso
925-465-6088
paul@coreconsultingroup.com
Source: Santa Fe Holding Company, Inc.
Thursday, May 1, 2008
Santa Fe Holding Company, Inc. Announced Today That It Will Open the Company's 23rd Restaurant in Tuscaloosa, AL May 5, 2008
| Press Release | Source: Santa Fe Holding Company, Inc. |
Thursday May 1, 9:30 am ET BRENTWOOD, TN--(MARKET WIRE)--May 1, 2008 -- Santa Fe Holding Co., Inc. (Other OTC:SFHD.PK - News), the parent company of Santa Fe Cattle Co., announced today that it has set the opening date of its newest restaurant. This will be the company's 23rd location and will open on May 5th in Tuscaloosa, AL. Santa Fe Holding Co. is a restaurant holding company which currently owns and operates 22 Santa Fe Cattle Co. restaurants located throughout 7 states.
The new store is located in Tuscaloosa, AL and will be the third location to open in 2008. In announcing the opening date, Santa Fe Cattle Co. Chairman, Danny York, said, "We are very excited to be opening our 8th location in the great state of Alabama. The Alabama market has been one of our strongest and we will open at least 3 more locations in Alabama in 2008." The most recent Santa Fe Cattle Co. to open in Alabama was this past February in Troy. Mr. York went on to say, "The Troy, AL store had the company's largest opening sales week and is continuing to do very well. Santa Fe Cattle Co. currently has 5 locations under construction and will open a total of 10 new locations in 2008."
After posting larger than expected opening week sales at their most recent new stores, York also added, "Our customers love our new 6,000 square foot model store and really appreciate the fact that we have kept our prices low given the fact that almost every food commodity has increased in price. We will continue to provide the best price to value experience in the steakhouse industry."
Santa Fe Cattle Co. is one of the fastest growing concepts in the restaurant industry, ending 2007 with total revenue up more than 57% over last year.
Investors can learn more about the company, the food, and store locations on our website: www.santafecattle.com.
ABOUT THE COMPANY
Santa Fe Holding Company is the holding company for one of the nation's fastest growing casual dining "roadhouse" steak restaurant chains with locations in seven states. Santa Fe Cattle Co., started in 1996, provides customers with a unique blend of perfectly aged USDA Choice steaks and mouth-watering Chuck Wagon favorites developed exclusively for Santa Fe Cattle Co. The menu contains a melting pot of Texas Hill Country influences, from south of the border enchiladas and fajitas to hearty sausage and authentic flavored sauces and dressings that can only be found at a Santa Fe Cattle Co. restaurant. Each store has a "Big Ass Ceiling Fan" encompassing the entire dining room with customers enjoying the casual, nostalgic family oriented atmosphere reminiscent of the old west. The company, located in Brentwood, TN, was established to provide customers with great food, awesome service, in a fun atmosphere, all at a reasonable price.
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