Santa Fe Cattle Co. Steakhouse Restaurant Opening in McComb, Miss., August 18th
SOURCE:
Santa Fe Holding Company, Inc.
2008-08-14 07:00:00
Santa Fe Cattle Co. Steakhouse Restaurant Opening in McComb, Miss., August 18th
5th New Store for Santa Fe in 2008 as Rapid Growth Continues
MCCOMB, MS and NASHVILLE, TN–(EMWNews – August 14, 2008) – The popular and rapidly
growing Santa Fe Cattle Co. roadhouse style steak restaurant chain
(www.santafecattle.com) will officially open the doors to its newly
constructed restaurant in McComb, Mississippi, on Monday, August 18th,at
4:00 p.m. Santa Fe Cattle Co. brings McComb area residents the opportunity
to experience simply awesome food in a distinctive down-home casual
atmosphere at a very reasonable price. The new store is part of publicly
traded parent company Santa Fe Holding Company’s (
expand the chain by eight locations in 2008, with an additional 12 new
sites slated for 2009. This will be the chain’s 24th store and the fifth
new location opened this year.
“The town has experienced recent growth and we see it as a great location
for us. We’re looking forward to being part of the community and we believe
this location holds the promise of topping the performance of some of our
recent record setting stores,” said Don Clifford, Santa Fe’s vice president
of real estate development. “We could not ask for a better situation than
the one we have found in McComb. The people in this darling, solid
American community have welcomed us with wide open arms. I can see why
John Grisham writes so favorably about McComb in his books.”
McComb was selected as a site after Santa Fe CEO Danny York and VP of Real
Estate Development Don Clifford were passing through and found the local
restaurants packed during lunch hour. They saw an opportunity and began
researching it. During the process, they were introduced to Brad Clark,
CEO of Clark Construction Inc. of Mississippi (http://www.clarkinc.com), a
developer and contractor based in McComb. The synergies evolved into a
close business relationship as Clark was selected as the contractor for the
McComb store. Santa Fe has now contracted with Clark for development and
construction of five more sites currently underway, with more planned for
the future.
“It was pure serendipity that we ran across McComb and Brad Clark,”
Clifford noted. “Clark Construction has done an incredible job for us and
we are excited to be working closely with his organization as Santa Fe
Cattle Co. continues to grow and we introduce our light-hearted atmosphere
and broad range of delicious steaks and Texas Hill Country fare to an
ever-increasing number of mid-size cities, like McComb.”
Brad Clark said, “Clark Construction is proud to be associated with Santa
Fe Cattle Co. Our whole team is on board with their concept and is
committed to a successful partnership with Santa Fe Cattle Co. It is
refreshing to work with Danny and Don and to be a part of an exciting
company with an aggressive expansion plan. Each new community has given us
the red carpet treatment and is excited about having a Santa Fe Cattle Co.
restaurant in their city.”
The Santa Fe Cattle Company restaurant chain is led and was co-founded by
Danny York, who also co-founded the Logan’s Roadhouse steakhouse chain.
York and his leadership team attribute the company’s success to their
unique business concept combined with an aggressive yet proven expansion
strategy into secondary U.S. markets, which have been eager to gain a true
steakhouse dining option.
Construction began in late March, 2008 on this newest Santa Fe Cattle
Company, located at 523 Apache Dr. It features the company’s newly
developed design; with space to seat 187 guests in an efficient 5,947 sq.
ft. layout. The
family-friendly restaurant chain currently operates in seven states,
including locations in Columbus and Tupelo, Miss. Flourishing in spite of
the troubled economy, the company’s strong sales and revenue growth have
established Santa Fe Cattle Co. as one of the fastest growing concepts in
the restaurant industry, with 57% revenue growth in 2007. The company is
projecting revenues of $58 million in 2008, an increase of 70% over its
2007 financial performance.
About Santa Fe Holding Co.
Publicly traded Santa Fe Holding Company (
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.
EDITORS NOTE: Photos are available upon request
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