Kokopelli Franchise Company Opens New Market in Michigan
08 Noviembre 2006 - 8:14AM
Business Wire
The Great American Food Chain, Inc. (Pink Sheets:GAMN), a
restaurant holding company and concept developer, announced today
that an area developer has opened the first franchised location of
Kokopelli Fresh Mexican Grill in Michigan. This marks the third
franchise to open since the concept was acquired by GAMN and
represents the fourth location in separate geographic regions
following Toledo, Ohio, Portland, Oregon, and Reno, Nevada. This
location is the first of twelve restaurant units that are scheduled
to open in the greater Detroit metropolitan area. Kevin Johnson,
Vice President stated: �Given the success of recent store openings,
it is evident that our team is doing an exceptional job of training
and assisting each franchisee in opening the restaurant to comply
with our high corporate standards. We look for the new location to
be welcomed by the Detroit community as it embraces our outstanding
option for local fresh Mexican cuisine.� The Great American Food
Chain, Inc. (GAMN) acquired a 90% interest in Kokopelli Franchise
Company, LLC in August of this year. Eight area developers have
committed to opening 70 Kokopelli Fresh Mexican Grill restaurants
over the next three years. About The Great American Food Chain,
Inc. The Great American Food Chain, Inc. is a restaurant holding
company specializing in the development and expansion of proven
independent restaurant concepts into multi-unit locations through
corporate owned stores, licensing, and franchising opportunities.
The Great American Food Chain currently owns two concepts,
Kokopelli Fresh Mexican Grill, and Spikes Boneyard Grill, and is
finalizing a licensing agreement with a third concept. GAMN is
located in Dallas, Texas. For more information about The Great
American Food Chain, Inc. see
http://www.thegreatamericanfoodchain.com. Information on our
website is not part of this press release. For more information
about Kokopelli Fresh Mexican Grill, please visit
http://www.kokopelligrill.com. Forward-Looking Statements Any
statements in this press release about The Great American Food
Chain's expectations, beliefs, plans, objectives, assumptions or
future events or performance are not historical facts and are
forward-looking statements for purposes of the Private Securities
Litigation Reform Act of 1995 (the "Act"). These statements are
often, but not always, made through the use of words or phrases
such as "believe," "will," "expect," "anticipate," "estimate,"
"intend," "plan," "forecast," "could," and "would." There are a
number of important factors that could cause actual results or
events to differ materially from those indicated by such
forward-looking statements, including: limited operating history,
need for future capital, risks inherent in the development and
commercialization of restaurant concepts, protection of the
Company's intellectual property, and economic conditions generally.
Additional information on potential factors that could affect
results and other risks and uncertainties are detailed from time to
time in the Company's periodic reports. The Great American Food
Chain claims the protection of the safe harbor for forward-looking
statements under the Act and assumes no obligation and expressly
disclaims any duty to update any forward-looking statement to
reflect events or circumstances after the date of this news release
or to reflect the occurrence of subsequent events. The Great
American Food Chain, Inc. (Pink Sheets:GAMN), a restaurant holding
company and concept developer, announced today that an area
developer has opened the first franchised location of Kokopelli
Fresh Mexican Grill in Michigan. This marks the third franchise to
open since the concept was acquired by GAMN and represents the
fourth location in separate geographic regions following Toledo,
Ohio, Portland, Oregon, and Reno, Nevada. This location is the
first of twelve restaurant units that are scheduled to open in the
greater Detroit metropolitan area. Kevin Johnson, Vice President
stated: "Given the success of recent store openings, it is evident
that our team is doing an exceptional job of training and assisting
each franchisee in opening the restaurant to comply with our high
corporate standards. We look for the new location to be welcomed by
the Detroit community as it embraces our outstanding option for
local fresh Mexican cuisine." The Great American Food Chain, Inc.
(GAMN) acquired a 90% interest in Kokopelli Franchise Company, LLC
in August of this year. Eight area developers have committed to
opening 70 Kokopelli Fresh Mexican Grill restaurants over the next
three years. About The Great American Food Chain, Inc. The Great
American Food Chain, Inc. is a restaurant holding company
specializing in the development and expansion of proven independent
restaurant concepts into multi-unit locations through corporate
owned stores, licensing, and franchising opportunities. The Great
American Food Chain currently owns two concepts, Kokopelli Fresh
Mexican Grill, and Spikes Boneyard Grill, and is finalizing a
licensing agreement with a third concept. GAMN is located in
Dallas, Texas. For more information about The Great American Food
Chain, Inc. see http://www.thegreatamericanfoodchain.com.
Information on our website is not part of this press release. For
more information about Kokopelli Fresh Mexican Grill, please visit
http://www.kokopelligrill.com. Forward-Looking Statements Any
statements in this press release about The Great American Food
Chain's expectations, beliefs, plans, objectives, assumptions or
future events or performance are not historical facts and are
forward-looking statements for purposes of the Private Securities
Litigation Reform Act of 1995 (the "Act"). These statements are
often, but not always, made through the use of words or phrases
such as "believe," "will," "expect," "anticipate," "estimate,"
"intend," "plan," "forecast," "could," and "would." There are a
number of important factors that could cause actual results or
events to differ materially from those indicated by such
forward-looking statements, including: limited operating history,
need for future capital, risks inherent in the development and
commercialization of restaurant concepts, protection of the
Company's intellectual property, and economic conditions generally.
Additional information on potential factors that could affect
results and other risks and uncertainties are detailed from time to
time in the Company's periodic reports. The Great American Food
Chain claims the protection of the safe harbor for forward-looking
statements under the Act and assumes no obligation and expressly
disclaims any duty to update any forward-looking statement to
reflect events or circumstances after the date of this news release
or to reflect the occurrence of subsequent events.
Great American Food Chain (PK) (USOTC:GAMN)
Gráfica de Acción Histórica
De Nov 2024 a Dic 2024
Great American Food Chain (PK) (USOTC:GAMN)
Gráfica de Acción Histórica
De Dic 2023 a Dic 2024