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J. Alexander’s Holdings, Inc. Announces Plans for Newest Stoney River Steakhouse and Grill


University Place in Chapel Hill, NC set for 12 th location

J. Alexander’s Holdings, Inc. (NYSE: JAX) said today it has signed a lease to develop a new Stoney River Steakhouse and Grill at University Place in Chapel Hill, NC.

Lonnie J. Stout II, President and Chief Executive Officer of J. Alexander’s Holdings, Inc., said the new Stoney River Steakhouse and Grill, representing the 12th in the Company’s collection, will be located at 201 South Estes Drive. Construction on the new restaurant is slated to begin in early August with opening scheduled for the fourth quarter of this year.

“We are pleased to announce plans for our newest Stoney River Steakhouse and Grill,” Stout said, “marking our entry into North Carolina.”

The Stoney River Steakhouse and Grill at University Place will be approximately 7,900 square feet with seating for up to 225 guests. The restaurant will employ an operating staff of approximately 80 full and part-time professionals.

According to Stout, the newest Stoney River Steakhouse and Grill will offer a high-quality menu with emphasis on hand-cut steaks, seafood and featured entrées, served in a sophisticated atmosphere.

“The menu will be broader than offered in most steakhouses,” Stout emphasized, “and every steak entrée will come with a side item. Guests will enjoy such offerings as a coffee-cured filet, bone-in rib eye and classic New York strip steak, as well as our house specialties ranging from signature steak and biscuits, pasta and chicken to shrimp, sea bass and salmon.”

The Stoney River full-service bar will feature hand-crafted cocktails and over 30 varietals of wine by the glass and more than 120 bottles of wine on its boutique wine list.

The new Stoney River in Chapel Hill will be open seven days a week for dinner and on Sunday for brunch. Operating hours will be announced prior to the opening of the restaurant.

In addition to the new location planned for University Place in Chapel Hill, J. Alexander’s Holdings, Inc. presently owns and operates 11 Stoney River Steakhouse and Grill restaurants in Annapolis and Towson, MD; Atlanta, Duluth and Roswell, GA; Deer Park, IL; Louisville, KY; Chesterfield, MO; and Germantown, Franklin and Nashville, TN.

About J. Alexander’s Holdings, Inc.

J. Alexander’s Holdings, Inc. is a collection of restaurants that focus on providing high quality food, outstanding professional service and an attractive ambiance. The Company presently operates three complementary restaurant concepts: J. Alexander’s, Redlands Grill and Stoney River Steakhouse and Grill.

J. Alexander’s Holdings, Inc. has its headquarters in Nashville, TN.

J. Alexander’s Holdings, Inc.
Mark A. Parkey, 615-269-1900
Chief Financial Officer

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