ARC Group Announces Newest Dick’s Wings Restaurant Openings

LAFAYETTE, La., May 9, 2016 /PRNewswire/ — ARC Group, Inc. (OTCQB: ARCK), the owner, operator and franchisor of the award-winningDick’s Wings & Grill® concept, announced the recent openings of its newest Dick’s Wings & Grill restaurants in Pensacola, Fla. andKingsland, Ga.

The new Dick’s Wings & Grill in Pensacola is located at 6205 North 9th Ave., proximate to the Cordova Mall and Pensacola State College.  The restaurant is a free-standing facility with approximately 4,000 square feet of space, featuring an outdoor patio area and interior bar.  The new location will seat approximately 150 guests and employ 40 team members from the local area.

The new Kingsland store is located at 1301 East King Ave., just off of Exit 3 on Interstate 95. The restaurant is surrounded by hotels and is located adjacent to the King’s Bay naval submarine base.  The restaurant is a freestanding facility with approximately 4,000 square feet of restaurant seating and a 3,000 square foot game room.  The new location will seat approximately 175 guests and employ 40 team members from the local area. In addition, the Kingsland store has partnered with the Yobe Frozen Yogurt brand and offers their fine yogurt within the restaurant. Yobe® now has 21 locations in the United States.

Both restaurants feature Dick’s Wings® extensive menu, including its signature Dick’s Wings chicken wings, duck wings and hog wings and its Dick’s Blingz® boneless chicken wings, which offer 365 mouth-watering flavors.  The kitchen serves dine-in customers while also offering carry-out and catering services.  Hours of operation are from 11 a.m. to 10 p.m., Sunday through Thursday, and 11 a.m. to 12 a.m., Friday and Saturday.

“These additions are a strategic move for our brand as we continue to capitalize on our strong brand name recognition in North Florida and branch out into new territories within the Southeast,” stated Richard W. Akam, Chief Executive Officer of ARC Group, Inc.  “Pensacola is a logical choice because the city experiences a significant influx of tourists each year, many of whom are from southern states.  It is also the closest major city west of our Panama City Beach location.  The Kingsland location is an extension of our Jacksonville roots and sits on Interstate 95. It enjoys a large tourist trade, the majority of whom arrive by automobile and live within one day’s drive.  We intend to leverage this unique fact to increase brand awareness as we continue to enter new markets.”

“These two stores mark the first two conversions that our franchisees have opened in 2016,” added Akam.  “These openings are a continuation of the efficient restaurant conversion strategy that we successfully implemented a couple of years ago.  The conversion model is less expensive and much faster to complete, offering restaurant operators with existing sites an opportunity to convert to a Dick’s Wings and Grill in as little as 60 days.”

Dick’s Wings restaurants are family fun fooderys™ where both families and sports fans can go to enjoy a unique restaurant experience from first bite to last call™.  Dick’s Wings offers a variety of boldly-flavored menu items highlighted by its award-winning, Buffalo, New York-style chicken wings, duck wings and hog wings and its Dick’s Blingz boneless chicken wings, for which it boasts 365 mouth-watering flavors.  It also offers customers a variety of fresh sandwiches, burgers, wraps, salads and signature waffle fries.  Guests enjoy these menu items in an elevated sports-themed environment that includes flat screen TVs located throughout each restaurant and children’s areas filled with video games and other forms of children’s entertainment.  For more information about Dick’s Wings exciting menu offering and locations, please visit its website at www.dickswingsandgrill.com.

About ARC Group, Inc.                                                           

ARC Group, Inc., headquartered in Lafayette, Louisiana, is the owner, operator and franchisor of the Dick’s Wings & Grill concept and the co-owner of the owner, operator and franchisor of the Wing Nutz concept.  Now in its 20th year of operation, Dick’s Wings prides itself on its award-winning chicken wings, hog wings and duck wings spun in its signature sauces and seasonings.  Wing Nutz offers a large selection of premium baked chicken wings and other baked products.  Wing Nutz also offers its own proprietary line of craft beers under the name “Nut Job Beers”.  Dick’s Wings has 17 restaurants in Florida and five restaurants in Georgia.  It also has two concession stands at EverBank Field, home of the NFL’s Jacksonville Jaguars.  Wing Nutz has nine restaurants in Utah, one restaurant in Las Vegas, Nevada, one restaurant in Garland, Texas and one restaurant in Nampa, Idaho.

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This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, that are intended to be covered by the safe harbor created thereby.  All statements other than statements of historical fact contained herein, including, without limitation, statements regarding the Company’s future financial position, business strategy, plans and objectives, are forward-looking statements.  Forward-looking statements generally can be identified by the use of forward-looking terminology such as “may,” “will,” “expects,” “intends,” “plans,” “projects,” “estimates,” “anticipates,” or “believes” or the negative thereof or any variation thereon or similar terminology or expressions.  Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from results proposed in such statements.  Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that such expectations will prove to have been correct.  Important factors that could cause actual results to differ materially from the Company’s expectations include, but are not limited to, those factors set forth in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015 and its other filings and submissions with the SEC.  Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made.  Except as required by law, the Company assumes no obligation to update or revise any forward-looking statements.

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SOURCE ARC Group, Inc.

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