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▪	Restaurant sales increased 42.1% to $173.5 million including $78.2 million in sales from the BURGER KING® restaurants that were acquired on May 30, 2012;

▪	Comparable restaurant sales at legacy restaurants increased 1.4% compared to an 8.8% increase in the prior year period, marking eight consecutive quarters of positive comparable restaurant sales;

▪	Net loss from continuing operations was $3.5 million, or $0.15 per diluted share, compared to a net loss from continuing operations of $779,000, or $0.03 per diluted share, in the prior year period;

▪

Net loss from continuing operations included a charge of $2.2 million ($0.06 per diluted share after tax) related to impairment and other lease charges (largely attributable to restaurant closings during the period). Net loss from continuing operations in the second quarter of 2012 included a loss on extinguishment of debt of $1.5 million ($0.04 per diluted share after tax), costs related to the Company's now settled EEOC litigation of $0.7 million ($0.02 per diluted share after tax) and acquisition-related expenses of $0.8 million ($0.02 per diluted share after tax); and

▪	Adjusted EBITDA, a non-GAAP measure, was $10.4 million compared to $8.6 million in the prior year period. (Please refer to the reconciliation of Adjusted EBITDA to net loss from continuing operations in the tables at the end of this release).

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▪	Total restaurant sales of $660 million to $680 million including a comparable restaurant sales increase at legacy restaurants of 1.5% to 3.5%;

▪	A commodity cost increase of 1% to 2%;

▪	General and administrative expenses of approximately $35 million to $36 million (excluding stock compensation costs);

▪	An effective income tax benefit of 42% to 45% including the carryover benefit for 2012 WOTC credits;

▪	Capital expenditures of approximately $45 million to $50 million, including $35 million to $40 million for remodeling 100 to 110 restaurants, of which 71 were completed in the first half of 2013. Estimated remodeling expenditures include $6.5 million for the relocation of two restaurants to new sites and for costs to scrape and completely rebuild four restaurants; and

▪	Eight to ten restaurant closures for the year (excluding the two restaurants to be relocated).

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(a)	The Company uses a 52 or 53 week fiscal year that ends on the Sunday closest to December 31. The three and six months ended June 30, 2013 and July 1, 2012 each included thirteen and twenty six weeks, respectively.

(b)

General and administrative expenses include stock-based compensation expense of $296 and $177 for the three months ended June 30, 2013 and July 1, 2012, respectively, and $597 and $279 for the six months ended June 30, 2013 and July 1, 2012, respectively. General and administrative expenses for the six months ended June 30, 2013 also included $85 of costs related to the Company's litigation with the EEOC that was settled in January 2013. General and administrative expenses for the three and six months ended months ended July 1, 2012 also included $836 and $1,247, respectively, of legal and professional fees incurred in connection with the acquisition, and $674 and $769, respectively of costs related to the Company's litigation with the EEOC.

(c)	Shares issuable for convertible preferred stock and non-vested restricted stock were not included in the computation of diluted net loss per share because their effect would have been anti-dilutive for the periods presented.

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(a)	Acquired restaurants represent the Burger King restaurants acquired from Burger King Corporation on May 30, 2012. Legacy restaurants refer to the Company's Burger King restaurants other than the acquired restaurants.

(b)	Restaurants are generally included in comparable restaurant sales after they have been open or owned for 12 months. Sales from the acquired restaurants are excluded from changes in the comparable restaurant sales in the three months ended June 30, 2013 as they were not operated by us for the entire three months ended July 1, 2012.

(c)

EBITDA, Adjusted EBITDA and Adjusted EBITDA Margin are non-GAAP financial measures and may not necessarily be comparable to other similarly titled captions of other companies due to differences in methods of calculation. Refer to the Company's reconciliation of EBITDA and Adjusted EBITDA to net loss from continuing operations for further detail. Adjusted EBITDA Margin represents Adjusted EBITDA as a percentage of total restaurant sales.

(d)	Average weekly restaurant sales are derived by dividing restaurant sales by the average number of restaurants operating during the period.

(e)	Represents restaurant expenses as a percentage of sales for the respective group of restaurants.

(f)

Long-term debt (including current portion) at June 30, 2013 included $150,000 of the Company's 11.25% Senior Secured Second Lien Notes, $1,198 of lease financing obligations and $9,774 of capital lease obligations. Long-term debt (including current portion) at December 30, 2012 included $150,000 of the Company's 11.25% Senior Secured Second Lien Notes, $1,197 of lease financing obligations and $10,295 of capital lease obligations.

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(a)

EBITDA and Adjusted EBITDA are non-GAAP financial measures. EBITDA represents net loss from continuing operations, before benefit for income taxes, interest expense and depreciation and amortization. Adjusted EBITDA represents EBITDA as adjusted to exclude impairment and other lease charges, acquisition and integration costs, EEOC litigation and settlement costs, stock compensation expense and loss on extinguishment of debt. Management excludes these items from EBITDA when evaluating the Company's operating performance and believes that Adjusted EBITDA provides a more meaningful comparison than EBITDA of the Company's core business operating results, as well as with those of other similar companies. Management believes that EBITDA and Adjusted EBITDA, when viewed with the Company's results of operations calculated in accordance with GAAP and the accompanying reconciliation in the table above, provide useful information about operating performance and period-over-period growth, and provide additional information that is useful for evaluating the operating performance of the Company's core business without regard to potential distortions. Additionally, management believes that EBITDA and Adjusted EBITDA permit investors to gain an understanding of the factors and trends affecting our ongoing cash earnings, from which capital investments are made and debt is serviced. However, EBITDA and Adjusted EBITDA are not measures of financial performance or liquidity under GAAP and, accordingly, should not be considered as alternatives to net income (loss) or cash flow from operating activities as indicators of operating performance or liquidity. Also, these measures may not be comparable to similarly titled captions of other companies. The table above provides a reconciliation between net loss from continuing operations and EBITDA and Adjusted EBITDA.