Thursday March 5, 12:00 pm Eastern Time
Company Press Release
Eat At Joe's Ltd. Construction Update
CHERRY HILL, N.J.--(BUSINESS WIRE)--March 5, 1998--Eat At Joe's Ltd. (OTC BB: JOES - news) is pleased to announce that it is nearing completion of its Echelon Mall unit in Voorhees, N.J.
A scheduled opening date will be announced shortly.
Construction at the company's Philadelphia International Airport unit continues to proceed nicely with an April 1998 opening planned.
At the Eat At Joe's - Gallery at Market East unit, construction continues with an anticipated second quarter opening date to be announced in the near future.
The company plans to begin construction on five additional locations in the second quarter of 1998 and anticipates opening these units in the third quarter of 1998.
Also, the company is currently negotiating at least three additional leases and anticipates finalizing them in the near future.
Eat At Joe's Ltd. is a diversified restaurant organization, whose flagship trademarked restaurant concept ''Eat At Joe's'', is a 50's theme family restaurant, which will be opening restaurants in shopping malls, airports and non-traditional locations worldwide.
For further information, please contact Joseph Fiore, chairman and chief executive officer at:
Eat At Joe's Ltd. Financial Division 670 White Plains Road, Suite 118 Scarsdale, N.Y. 10583 914/725-2700
Visit us at: eatatjoesltd.com. |