Obee's Announces Additional Growth in California
2004年6月24日 - 8:30PM
PRニュース・ワイアー (英語)
Obee's Announces Additional Growth in California HEATHROW, Fla.,
June 24 /PRNewswire-FirstCall/ -- Ultimate Franchise Systems, Inc.
(OTC:UFSY) (BULLETIN BOARD: UFSY) , a franchise management and
venture company, announced today that it's newly acquired Obee's
soup-salad-subs(R) brand has signed three new Franchise Agreements
in California. Obee's which has Area Development Agreements in
Orange and South Los Angeles Counties in California has commitments
to open 250 units in these markets. Christopher M. Swartz, CEO of
Ultimate Franchise Systems stated: "We are very excited about these
three new signings as it further grows Obee's in the southern
California market and will continue to help our Area Developers
reach their commitment for 250 units. Ultimate believed that Obee's
would be a fantastic growth vehicle and we are pleased to see it
continue to meet our expectations." Obee's focuses on high-quality
soups, salads and subs with an emphasis on fresh-sliced meats and
cheeses. They presently have 65 sandwich shops with 73 more under
development. Additionally, through Area Development Agreements,
Obee's has signed commitments to open an additional 1,000 stores
over the next ten years. Ultimate Franchise Systems, Inc.
(OTC:UFSY) (BULLETIN BOARD: UFSY) currently has investments in
approximately 589 franchised restaurants and 40 weight loss clinics
in 30 states throughout the United States. These brands include
Gator's Dockside Restaurants, Jreck Subs, Inc., Central Park
Hamburgers, Li'l Dino's Deli and Grille, Sobik's Subs. (OTC Pink
Sheets: QRVI) Famous Uncle Al's Hot Dogs (OTC Pink Sheets: FFDG),
Flamers Hamburgers, Westshore Pizza, Obee's Subs, New York Burrito
and Beverly Hills Weight Loss (OTC:WLFI) (BULLETIN BOARD: WLFI) .
This press release may contain forward-looking information within
the meaning of Section 27A of the Securities Act of 1933 or Section
21E of the Securities and Exchange Act of 1934 and is subject to
the safe harbor created by these sections. Ultimate Franchise
Systems, Inc. and Quality Restaurant Ventures, Inc., assume no
obligation to update the information contained in this press
release. Certain information included herein may contain statements
that are forward-looking, such as statements relating to plans for
future expansion and other business development activities as well
as operating costs, capital spending, financial sources and the
effects of competition. Such forward-looking information is subject
to changes and variations which are not reasonably predictable and
which could significantly affect future results. Accordingly, such
results may differ from those expressed in any forward-looking
statements made by or on behalf of the Companies. DATASOURCE:
Ultimate Franchise Systems, Inc. CONTACT: Christopher Swartz of
Ultimate Franchise Systems, Inc., +1-407-333-8998 Web site:
http://www.ufsi.net/
Copyright