Great American Family Parks' Crossroads Convenience Center Reports Record June Sales
2005年8月3日 - 10:00PM
PRニュース・ワイアー (英語)
- Monthly Sales Up 46% Year-over-Year - BOISE, Idaho, Aug. 3
/PRNewswire-FirstCall/ -- Great American Family Parks, Inc.
(OTC:GFAM), a company focused on developing profitable regional
theme parks in the U.S., announced today that Crossroad Convenience
Center (CCC), a wholly owed and operated retail property of the
Company, reported revenues of $526,274, for the month of June 2005,
representing a 46% increase compared to revenues of $361,510 in
June 2004. For the six-month period ended June 30, 2005, CCC posted
revenues of $2,714,819, an increase of 29%, compared to revenues of
$2,099,503 for the six-month period ended June 30, 2004. Dr. Larry
Eastland, President and CEO of Great American Family Parks, stated,
"We are pleased to report CCC has contributed revenue increases in
the first half of 2005, including a record sales month in June. CCC
is situated in the heart of the Idaho Center complex, an athletic
and entertainment facility, and is close to the new Boise State
University campus, which we believe enables CCC to capture business
from visitors, locals and students alike. With its location, target
audience and potential expansion opportunities, we believe CCC's
upward revenue growth trend is likely to continue." Eastland
concluded, "Expansion plans underway include enhancing CCC's food
services with our recently acquired, nationally recognized
franchises, Tuscano's Italian Subs and Noble Roman's Pizza." About
Great American Family Parks Great American Family Parks is focused
on buying and managing profitable regional theme parks and themed
amusement attractions in the United States. By building a family of
parks each with up to 1 million annual attendees, GFAM is in the
process of developing a series of compatible, yet distinct
entertainment and amusement products, including themed amusement
parks, associated products, food and beverage, and multimedia
offerings. Regional theme parks are a relatively recession-proof
growth market. Nationwide, regional park attendance is projected to
bring collective attendance to 263.8 million by 2007. Overall
revenues for America's regional theme parks are expected to total
$8.31 billion within five years. (source: Price Waterhouse Coopers)
For more information, visit http://www.weloveparks.com/. Investors
should visit http://www.otcfn.com/gfam. Safe Harbor Statement Under
The Private Securities Litigation Reform Act of 1995: The
statements in the press release that relate to the company's
expectations with regard to the future impact on the company's
results from new products in development are forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. The results anticipated by any or all of these
forward-looking statements may not occur. For more information,
contact: Rick McCaffrey Investor Relations OTC Financial Network
781-444-6100 x625 . http://www.otcfn.com/ DATASOURCE: Great
American Family Parks, Inc. CONTACT: Rick McCaffrey, Investor
Relations of OTC Financial Network, +1-781-444-6100, ext. 625, ,
for Great American Family Parks, Inc. Web site:
http://www.otcfn.com/gfam http://www.weloveparks.com/
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