Jillian's Closes Rochester Club

Jillian's Closes Rochester Club 


LOUISVILLE, Ky., Oct. 7  /PRNewswire/ -- Jillian's Entertainment Holdings Inc.
closed its Rochester, N.Y., club today after being unable to find a buyer for
the location.  The chain of multi-venue entertainment spots has sale agreements
for substantially all its other assets. The Rochester location is the only
Jillian's club to have closed since the company filed for reorganization under
Chapter 11 of the U.S. Bankruptcy Code last May 23.

The Rochester club, which opened in 1999 in the High Falls historic district
near downtown, has experienced declining revenues, said Gregory S. Stevens,
Jillian's chief financial officer.  During the Chapter 11 proceedings, which
included an auction held September 21, the Rochester Jillian's drew interest
but no buyer.

The U.S. Bankruptcy Court in Louisville has approved the sale of most of
Jillian's assets to Dave & Buster's Inc. (NYSE:DAB) and Gemini Investors III,
L.P. for $64.8 million.  Jillian's, which has its headquarters in Louisville,
has owned, operated and/or licensed 35 clubs in 20 states. 

DATASOURCE: Jillian's Entertainment Holdings Inc.



CONTACT: Tom Andrzejewski or Rob Falls of Robert Falls & Co. Public

Relations, [phone]



Web site: http://www.jillians.com/ 

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