The affected Atlanta locations, which the company acquired froma franchisee in the third quarter, are at 1935 Powers Ferry Rd. SE,575 Morosgo Drive NE and 2247 Northlake Parkway in suburban Tucker.Famous Dave's says it is continuing discussions with the landlordsof all three restaurants regarding a buyout of those leases.

In a related move, Famous Dave's terminated two leases forrestaurants slated to open next year in Hoffman Estates, IL andHyattsville, MD. The company says it could recognize $2.5 millionin charges during its fiscal fourth quarter related to the Atlantaclosings and lease terminations.

"We made the decision to take these actions in order to preservecash and respond appropriately to the current slowdown in marketconditions," Christopher O'Donnell, president and CEO of FamousDave's stated in a release. He added that the company is ensuringthat its balance sheet and cash flow can weather any continuedsoftness in the economy.

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