J. Alexander’s Holdings, Inc. Announces Plans to Add Two New Upscale Restaurants

Leases Signed for J. Alexander’s and Stoney River Steakhouse and Grill

NASHVILLE, Tenn.--()--J. Alexander’s Holdings, Inc. (NYSE: JAX) today announced the signing of leases for two new upscale restaurants including a J. Alexander’s in King of Prussia, PA and a Stoney River Steakhouse and Grill in Troy, MI. Both restaurants are currently scheduled to open in 2018.

“We are pleased to announce the continued orderly growth of our upscale restaurant collections,” said Lonnie J. Stout, II, President and Chief Executive Officer of J. Alexander’s Holdings, Inc. “We look forward to bringing our first J. Alexander’s to Pennsylvania and our first Stoney River Steakhouse and Grill to Michigan.”

The new J. Alexander’s restaurant will be located at 265 Mall Boulevard across the street from the King of Prussia Mall. Plans call for the restaurant to include approximately 9,800 square feet with seating for more than 220 guests. The latest Stoney River Steakhouse and Grill will be developed at 101 Big Beaver Road as part of the Columbia Center. Plans call for the restaurant to include approximately 8,000 square feet with seating for 208 guests. Approximately 100 full and part time professionals will be employed to operate each restaurant.

The J. Alexander’s restaurant in King of Prussia is being designed by Shea Architects, Inc., Minneapolis, MN. The Stoney River Steakhouse and Grill is being designed by Steven Langford Architects, Inc., Irvine, CA.

Known for its wood-fired cuisine, the J. Alexander’s menu will feature a wide selection of American classics – hand-cut steaks, prime rib of beef, fresh seafood and sushi, along with a large assortment of interesting salads, sandwiches and homemade desserts. The Stoney River Steakhouse and Grill will offer a high quality menu with emphasis on hand-cut steaks, fresh seafood, a coffee-cured filet and signature steak and biscuits served in a sophisticated atmosphere. Both restaurants will have a culinary team capable of executing a made-from-scratch menu. Both restaurants also will have a full-service bar with unique cocktails and an outstanding selection of award-winning wines by the glass and bottle.

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 owns 44 restaurants in 15 states operating as J. Alexander’s, Redlands Grill, Stoney River Steakhouse and Grill and Lyndhurst Grill.

The headquarters of J. Alexander’s Holdings, Inc. is located in Nashville.

Contacts

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

Contacts

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