Austin, TX, November 14, 2009 --(PR.com
)-- Alamo Drafthouse Cinemas, the nation’s oldest cinema-eatery concept showing first-run films, has had quite an impressive fourth quarter when many chains are struggling to keep their heads above water. The Austin-based company will increase its number of locations from seven to nine by opening two new outposts within six weeks of one another and recently signed an agreement to convert two existing company-run facilities in Houston into franchisee-owned properties and develop at least seven new Alamo Drafthouse locations throughout Texas in the coming years.
Alamo expanded beyond its Texas roots for the first time this fall with the opening of a location in Winchester, Va. on October 19th. The location has enjoyed much success since opening and franchisee group N/L Entertainment plans to open additional Alamo locations in the Shenandoah Valley region within the next few years. Back in Texas, that level of development is even greater: Alamo signed a deal with Triple Tap Ventures LLC to convert two existing company-owned Alamo Drafthouse Cinemas in the Houston metropolitan area into franchisee-owned properties and the group has announced plans to construct new properties in Houston, Amarillo, Corpus Christi, Lubbock, Midland/Odessa and San Marcos. Another theater will also be opened in late November in San Antonio by Brandon Arceneaux and Chris Hoegemeyer, who have owned and operated the city’s first Alamo since 2004. John Martin, president and CEO of Alamo Drafthouse Cinemas, says the two new locations as well as the recently-announced development plans have permanently affixed Alamo’s name to the radars of countless highly-qualified potential franchisees throughout the U.S.
“More people are considering the Alamo Drafthouse concept than ever before and I couldn’t be happier to see the brand I love experience this kind of growth,” said Martin. “This year – just like during the Great Depression – people wanted to get out and escape from reality. Alamo not only provides a unique entertainment experience for customers to do this but the opportunity for its owners to bring members of their communities together for a memorable evening.”
Alamo Drafthouse Cinemas is the only franchised movie theater chain and the only franchise concept that offers the unique combination of theater and restaurant, with the best first-run and independent films and other one-of-a-kind special events. For more information, visit www.drafthouse.com.