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March 15, 2017

J. Alexander’s Holdings, Inc. Announces Opening of Stoney River Steakhouse and Grill in Chapel Hill

NASHVILLE, Tenn.—(BUSINESS WIRE)—J. Alexander’s Holdings, Inc. (NYSE: JAX) today announced the opening of its newest 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 is located at 201 South Estes Drive and becomes the 12th in the Company’s collection. Nik Rogers is the restaurant’s general manager.

“We are pleased to announce the opening of our new Stoney River Steakhouse and Grill in University Place, Chapel Hill’s premier retail center,” Stout said. “Stoney River is a neighborhood steakhouse and grill with a solid commitment to provide our guests the finest culinary experience that exceeds their expectations.”

Stout said that Stoney River guests enjoy such offerings as a coffee-cured filet, bone-in rib eye and classic New York strip steak, as well as house specialties ranging from signature steak and biscuits to chicken, shrimp, sea bass and salmon.

“Our Stoney River menu is significantly broader than offered in most steakhouses,” Stout continued. “We place an emphasis on our hand-cut steaks while, at the same time, serving exceptional creative fare that includes seafood and other featured entrees from our menu. The highest quality food is served by an extensively trained professional staff in a warm, rich and relaxed setting.”

The full-service bar at the new Stoney River Steakhouse and Grill at University Place features hand-crafted cocktails and an award-winning wine list with over 30 varietals of wine by the glass and more than 120 bottles of wine.

The Stoney River Steakhouse and Grill consists of 7,900 square feet with seating for up to 225 guests. The restaurant employs an operating staff of approximately 80 full and part-time professionals and is open seven days a week for dinner and on Sunday for brunch. Operating hours are 4:00 p.m. to 10:00 p.m. Monday through Saturday and 11:00 a.m. to 9:00 p.m. on Sunday.

In addition to the new restaurant in Chapel Hill, J. Alexander’s Holdings, Inc. owns and operates its collection of 11 other 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.