MIAMI, August 7, 2013 /PRNewswire/ --
GRILLiT, Inc. (OTC: GRLT) (the "Company" or "GRILLiT") today
announced that it has launched a new page on its corporate website
(http://www.grillitinc.com) for parties interested in becoming
franchise owners and operators of GRILLiT restaurants.
GRILLiT CEO, Ghazi Hajj, said, "As part of our plan to attract
master franchise and multiple franchise owner/operators, we added a
new basic section to our website to capture information from anyone
interested in being contacted for more information."
The Company's franchise plan has a development master franchise
contract plan for at least 58 franchised locations across eight
states over the next five years. GRILLiT and its affiliates
currently have master franchise agreements in Kentucky, Ohio, New
Hampshire, New Jersey,
Georgia, Pennsylvania, Tennessee, and North
Carolina, and are actively seeking franchise operators.
The master franchise agreements each have a development
schedule that the master franchisee must follow, and they vary from
state to state based on population. Typically the agreement calls
for minimum stores to be opened within year one with increasing
opening commitments beyond year one, depending upon several
factors. The initial level of franchise activity is overseen
by the existing GRILLiT management team. The Company expects
the need to hire one franchise operations supervisor for every 20
stores opened.
Interested potential master franchisees and franchise
owner/operators should visit the Company at info@grillitinc.com and
click the "Franchise Opportunities" link.
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 Angus
beef. Restaurants offer an inviting and comfortable atmosphere with
an open kitchen and contemporary, industrial design. GRILLiT
currently has two locations and expects to have at least 21
corporate and 58 franchised locations open and operating within the
next five years. The company is targeting Florida, North
Carolina, New Jersey,
Pennsylvania, New Hampshire, Ohio, Kentucky, Tennessee and Georgia for new growth. For more information,
visit http://www.grillitinc.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 ability to open 58 new
franchised restaurants in the next five years. 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:
Robert L. Tucker
Director of Corporate Development
rltucker@grillitinc.com
Tel: +1(305)514-0326
Facebook: https://www.facebook.com/FreshGRILLiT
Twitter: @freshgrillit
SOURCE GRILLiT, Inc.