MIAMI, Aug. 20, 2014 /PRNewswire/ -- GRILLiT, Inc. (the
"Company" or "GRILLiT") (OTC Pink Markets: GRLT) today announced
that it has completed an agreement effective as of August 12, 2014 for the sale of GRILLiT master
franchise rights in the State of Colorado.
The master franchisee for the State of
Colorado is Texas Expansion Wing Group, LLC, an experienced
restaurant area developer and franchise sales
organization. The principals of Texas Expansion Wing Group
have over 26 years' experience in the retail and food industry,
both as operators and owners. Their experience ranges from
the sale of over 100 franchises for QSR, the opening of over 90
restaurants in Austin,
San Antonio, Corpus Christi, Laredo, Brownsville, Harlingen, and McAllen, Texas, and owning and operating YUM
brands in Mexico. Their most recent projects include acting as
area developers for Hurricane Grill and Wings, one of the fastest
growing casual dining concepts in the country, and Dazbog Coffee,
which franchises the operation of specialty coffee
stores.
Texas Expansion Wing Group president, Bill Roberts, said, "We are pleased to be able
to follow up the prior master franchising partnerships we've
established in the States of Texas, Nevada, and Arizona with one of our own in the State of
Colorado. We love the opportunity with GRILLiT, and we believe
fresh, fast casual dining that caters to the health-conscious
consumer is a fantastic concept."
The Company's CEO, Ghazi Hajj, stated, "There is a growing
interest in healthy, fast-casual dining across the United States, and GRILLiT is excited
to add this master franchisee for the State of Colorado."
As announced on March 18, 2014,
the Company changed its name from Grillit, Inc. to Healthy &
Tasty Brands Corporation, and is in the process of effectuating the
name change with FINRA.
About GRILLiT:
GRILLiT (GRLT) is a growing Latin-Caribbean fusion restaurant
concept that marries fast casual to nutritious and healthy food.
The company opened its first location in Miami in 2011 and specializes in chef-inspired
custom crafted rice bowls, pasta and wraps as well as salads.
GRILLiT utilizes domestic growers and delivers healthy cuisine
using only fresh proteins, such as never-frozen chicken and
grass-fed organic steak. Restaurants offer an inviting and
comfortable atmosphere with an open kitchen and contemporary,
industrial design. For more information, visit
www.grillitinc.com or www.handtbrands.com.
Forward Looking Statements:
Statements in this press release that are not purely historical
facts, including statements regarding GRILLiT's beliefs,
expectations, intentions or strategies for the future, may be
"forward-looking statements" under the Private Securities
Litigation Reform Act of 1996. Such statements consist of any
statement other than a recitation of historical fact and can be
identified by the use of forward-looking terminology such as
"plan", "may", "expect", "anticipate", "intend", "estimate" or
"continue" or the negative thereof or other variations thereof or
comparable terminology. The reader is cautioned that all
forward-looking statements are speculative, and there are certain
risks and uncertainties that could cause actual events or results
to differ from those referred to in such forward-looking
statements. This disclosure highlights some of the important risks
regarding our business. Specifically, the reader should not place
undue reliance on statements regarding our retained consultants to
increase franchise sales in their targeted franchise markets.
Additionally, there are number of other risk factors relating to
our business more fully explained identified by us in our filings
with the OTC Markets, which are available through
http://www.otcmarkets.com.
Contact:
Princeton Research Group
Tel: +1-781-826-8882
SOURCE GRILLiT, Inc.