Jimmy's Egg Begins National Expansion (Press Release)

-- Chain Leader, 7/24/2008 10:47:00 AM

OKLAHOMA CITY, July 24 /PRNewswire/ -- Overeasy, LLC has purchased the exclusive rights to develop Jimmy's Egg Restaurants in the Tulsa Oklahoma market. "The first new Jimmy's Egg will be located at the corner of East 41st Street and South Peoria in Tulsa and will replace the existing East 51st St. location that will close as a result of the upcoming I-44 road construction," said Jim Burke, manager of Jimmy's Egg Franchise Systems.

"We are excited about the commitment made by Preston Stockton and Ken Burke, owners of Overeasy, to expand the Jimmy's Egg brand in Tulsa. The sale of the Tulsa OK and Wichita KS franchise territories is the beginning of the regional roll out of Jimmy's Egg Restaurants," according to Burke. "We also have franchise development agreements in the works for several markets including Springfield MO and Houston TX." Earlier this month, Jimmy's Egg Franchise Systems announced the sale of the Wichita KS franchise development rights and is currently interviewing franchise candidates for the Lawton Oklahoma territory.

Jimmy's Egg Franchise Systems LLC is a joint venture between Loc Le, the founder of Jimmy's Egg and Jim Burke, the former President and CEO of Oklahoma based Eateries Inc. Burke co-founded the Garfield's Restaurant chain of 55 restaurants in 20 states which was sold to an investment group at the end of 2006. Burke and Brad Grow, former CFO for Eateries Inc., have formed Burke and Grow LLC, an investment firm focused on restaurant and franchise investment opportunities.