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Minneapolis, MN, January 31, 2006 - Granite City Food & Brewery Ltd. (Nasdaq: GCFB)announced the opening today of its 12th restaurant / microbrewery located in Kansas City, Kansas at the entrance of the Legends Lifestyle Center which is located near the Nebraska Furniture Mart, Cabela's and the Kansas City Raceway. This 805,000 square foot, open air lifestyle center collectively creates the single largest tourist attraction in the state of Kansas.
"Our Legends location in Kansas City, Kansas marks our 4th restaurant opening in less than 7 months and our 2nd in the Kansas City metro area. We are excited about the opportunities for our restaurants in Kansas as our value proposition - a great dining experience at reasonable prices - matches perfectly with the practicalities of our Kansas City customers," said Steve Wagenheim, Granite City Food & Brewery's President and CEO. "We look forward to opening our next Kansas City metro location in Olathe in the next few months and look forward to strong sales from all our locations as we move into the spring months."
With the Legends opening, Granite City Food & Brewery Ltd. currently operates 12 Granite City Food & Brewery casual dining restaurants featuring made-from- scratch food and handcrafted beers. Its broad menu offers traditional and regional foods served in generous portions at reasonable prices, affording guests an excellent value and great dining experience. Its first Granite City location, in St. Cloud, MN, opened in June 1999. Subsequently, the Company opened restaurants in Sioux Falls, SD, Fargo, ND, West Des Moines, IA, Cedar Rapids, IA, Davenport, IA, Lincoln, NE, Maple Grove and Eagan, MN, Wichita, KS, Kansas City, Missouri, and now, Kansas City, Kansas.
Certain statements made in this press release of a non-historical nature constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated. Such factors include, but are not limited to, changes in economic conditions, changes in consumer preferences or discretionary consumer spending, a significant change in the performance of any existing units, the ability to obtain financing for, and complete construction of, additional restaurants at acceptable costs, our ability to implement and execute Fermentus Interruptus and the risks and uncertainties described in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on September 7, 2005.
CONTACT:
Daniel H. Bauer
Chief Financial Officer
(952) 215-0660
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