Obee's Franchise Systems Begins Construction on Two Restaurants in Fresno
February 15 2005 - 9:13AM
PR Newswire (US)
Obee's Franchise Systems Begins Construction on Two Restaurants in
Fresno HEATHROW, Fla., Feb. 15 /PRNewswire-FirstCall/ -- Obee's
Franchise Systems Inc. (OTC Pink Sheets: OBFC) today announced that
it has started construction on two new restaurants in the Fresno,
California marketplace. With one restaurant located at 208 N 12th
Avenue, Hanford, CA and the second being constructed at the
northwest corner of Bullard & Thesta Avenue in Fresno, these
will be the third and fourth Obee's locations to open in the
greater Fresno area. "We are conducting an aggressive building
schedule so that our visible market presence will help drive the
momentum of our marketing program," explained Peter Brown, OBFC CEO
and President. OBFC has a market execution strategy based on
reaching 'critical mass' in each marketplace in which the company
operates restaurants. This enables the company to maximize both
market share and audience penetration through marketing and
advertising programs that become more cost-efficient as the number
of restaurants grows. "Many franchises quickly open in as many
markets as possible. We instead focus on building regional brand
awareness and that only occurs when you have a number of
restaurants contributing to a sizable advertising budget." obees(R)
soups salads & subs is a fast-casual, deli-style restaurant
featuring nutritious soups, salads and subs with an emphasis on
fresh-sliced meats and cheeses. There are currently over 100 Obee's
locations open or in various development stages around the United
States. Obee's Franchise Systems Inc. has commitments to open an
additional 1,300 stores over the next ten years. Ultimate Franchise
Systems, Inc. (OTC:UFSY) (BULLETIN BOARD: UFSY) currently has
investments in approximately 603 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 (OTC
Pink Sheets: OBFC), Mountain Mike's Pizza, New York Burrito, Juicy
Lucy's and Beverly Hills Weight Loss (OTC:BHWW) (BULLETIN BOARD:
BHWW) and FransAction, Inc. (OTC Pink Kheets: FCTN). 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.,
Obee's 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. CONTACT: Peter Brown of Obee's Franchise Systems Inc.,
941-625-1501, Web site: http://www.obees.com/ Web site:
http://www.obees.com DATASOURCE: Obee's Franchise Systems, Inc.
CONTACT: Peter Brown of Obee's Franchise Systems Inc.,
+1-941-625-1501
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