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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 1, 2000
FAMOUS DAVE'S OF AMERICA, INC.
(Exact Name of Registrant as Specified in Its Charter)
Minnesota 0-21625 41-1782300
(State or other Jurisdiction of (Commission (I.R.S. Employer
Incorporation or Organization) File Number) Identification No.)
7657 Anagram Drive, Eden Prairie, MN 55344
(Address of Principal Executive Offices)
(612) 294-1300
(Registrant's Telephone Number, Including Area Code)
(Former Name, Former Address and Former Fiscal Year, If Changed Since Last
Report)
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Item 5. OTHER EVENTS
The Registrant incorporates herein the text of the Press Release
dated January 5, 2000, a copy of which is attached hereto.
Item 7. FINANCIAL STATEMENTS, PROFORMA FINANCIAL INFORMATION AND EXHIBITS
(C) Exhibits
99.1 Press Release dated January 5, 2000
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
FAMOUS DAVE'S OF AMERICA, INC.
By: /s/ Martin J. O'Dowd
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Martin J. O'Dowd
President and Chief Executive Officer
Date: January 14, 2000
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EXHIBIT 99.1
FOR IMMEDIATE RELEASE
WEDNESDAY, JANUARY 5, 2000
FAMOUS DAVE'S OF AMERICA, INC. (NASDAQ : DAVE)
FAMOUS DAVE'S OF AMERICA, INC. ACQUIRES 4 RED RIVER BARBEQUE & GRILLE
LOCATIONS IN MARYLAND AND VIRGINIA
FOR MORE INFORMATION CONTACT:
PAUL CAMPBELL - CFO
(612) 294-1330
Eden Prairie, MN. January 5, 2000 - Famous Dave's of America, Inc. announced
today that as of January 1, 2000, it has acquired four Red River Barbeque &
Grille restaurants in the Washington, D.C. area. The restaurants are located in
Annapolis, Maryland; Columbia, Maryland; Fredrick, Maryland; and Woodbridge,
Virginia, and have been open for one to three years.
"Famous Dave's was looking at the next major market for its continued growth
strategy. The Red River restaurants met the company's acquisition criteria of
being in the core business of barbecue located in a major metropolitan area,
accretive to earnings, and could be purchased with a minimal amount of cash.
Additionally, the restaurants have an established presence in the Washington,
Maryland, and Virginia areas in which Famous Dave's believes it can develop
eight to ten additional restaurants. Each of the locations will operate as Red
River Barbeque & Grille until they are converted to Famous Dave's BBQ
restaurants within the next 120 days", stated Martin O'Dowd, President and CEO,
Famous Dave's of America, Inc.
Famous Dave's of America, Inc. (NASDAQ : DAVE) operates 28 full service and
counter style restaurants and blues clubs in Minnesota, Wisconsin, Iowa,
Illinois, Nebraska, Maryland and Virginia. Its menu features award-winning
barbecue and grilled meats, an ample selection of salads, side items,
sandwiches, and unique desserts. The company has announced plans to open an
additional 6 units in 2000.
Certain matters discussed within this press release, including statements
regarding new restaurant sites, restaurant openings and expansion plans, may be
forward-looking statements within the meaning of Private Securities Litigation
Reform Act of 1995. Although Famous Dave's of America, Inc. believes the
expectation reflected in any forward-looking statements are based on reasonable
assumptions, it can give no assurance that its expectation will be attained.
Factors that could cause actual results to defer materially from Famous Dave's
expectation include financial performance, restaurant industry conditions,
execution of restaurant development and construction programs, changes in local
or national economic conditions, availability of financing and other risks
detailed from time to time in the company's SEC reports.
