BJ's Restaurants Inc. Message Board

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Non-Tech : BJ's Restaurants Inc.

BJRI 34.69

-3.1%

Nov 6 3:59 PM EST

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To: Lhn5 who wrote (591)	9/28/1999 10:41:00 AM
From: Savant	Read Replies (1) of 865

(CHGOW) Chicago Pizza & Brewery, Inc. Announces Two Prospective Locations MISSION VIEJO, Calif., Sep 28, 1999 (BUSINESS WIRE) -- Chicago Pizza & Brewery, Inc. (NASDAQ:CHGO)(NASDAQ:CHGOW) announced the opening of escrow on a location in West Covina, CA and the agreement on major lease terms on a location in Burbank, CA. The West Covina transaction relates to the purchase of the equipment, fixtures and leasehold interest in an existing restaurant facility. The Company is in the process of negotiating certain lease terms with the owner of the property as well as dealing with several other minor contingencies. The Burbank site currently houses a non-restaurant retail establishment. A verbal agreement has been reached with the owner of the property on the major lease terms. The Company anticipates the execution of a formal letter of intent within the next several days, which will form the basis for detailed lease negotiations and execution.

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