Reborn Coffee Secures Commitments for 33 New Locations Through Strategic Franchise Area Development Partnerships Following Successful Seminar
February 18 2025 - 7:31AM
Reborn Coffee Inc. (Nasdaq: REBN), a leader in the specialty coffee
market, today announced the signing of commitments for 33 new
locations through a combination of area development and franchise
agreements following its highly successful Franchise Seminar held
on February 14-15 at Reborn Coffee’s Headquarters. This milestone
reinforces the company’s aggressive growth strategy and solidifies
its expanding presence in key domestic and international markets.
The newly secured agreements underscore the
strong demand for Reborn Coffee’s specialty coffee, tea, and bakery
concept, with locations planned across multiple states and
internationally.
Newly Signed Area Development and Franchise
Locations:
- Northern California: 3
locations
- Southern California: 3
locations
- Florida: 3 locations
- Georgia: 3 locations
- Arizona: 3 locations
- N. Carolina: 3 locations
- Tennessee: 3 locations
- Texas: 3 locations
- Nevada: 3 locations
- Ohio: 3 locations
- International: Prague, Czech
Republic 3 locations
“These agreements mark a pivotal moment in
Reborn Coffee’s expansion,” said Jay Kim, CEO of Reborn Coffee.
“With our area development model, we are accelerating our footprint
nationwide and internationally while ensuring strong local
partnerships that will drive operational success. California
remains our launchpad, and we are well-positioned to establish a
presence in key U.S. markets and beyond.”
As the company moves forward with its franchise
growth strategy, Reborn Coffee remains committed to delivering a
premium specialty coffee experience while supporting its
franchisees with the tools, training, and technology needed for
success.
For more information about Reborn Coffee’s
franchise opportunities, please email info@rebornfranchise.com or
call (562)-631-7809.
About Reborn Coffee
Reborn Coffee, Inc. (NASDAQ: REBN) is focused on
serving high quality, specialty-roasted coffee at retail locations,
kiosks, and cafes. Reborn is an innovative company that strives for
constant improvement in the coffee experience through exploration
of new technology and premier service, guided by traditional
brewing techniques. Reborn believes they differentiate themselves
from other coffee roasters through innovative techniques, including
sourcing, washing, roasting, and brewing their coffee beans with a
balance of precision and craft. For more information, please visit
www.reborncoffee.com.
Forward-Looking Statements
All statements in this release that are not
based on historical fact are “forward-looking statements.” While
management has based any forward-looking statements included in
this release on its current expectations, the information on which
such expectations were based may change. Forward-looking statements
involve inherent risks and uncertainties which could cause actual
results to differ materially from those in the forward-looking
statements, as a result of various factors including those risks
and uncertainties described in the Risk Factors and Management’s
Discussion and Analysis of Financial Condition and Results of
Operations sections of our recent filings with the Securities and
Exchange Commission (“SEC”) including our Form 10-Q for the third
quarter of 2024, which can be found on the SEC’s website at
www.sec.gov. Such risks, uncertainties, and other factors include,
but are not limited to, the Company’s ability to continue as a
going concern as indicated in an explanatory paragraph in the
Company’s independent registered public accounting firm’s audit
report as a result of recurring net losses, among other things, the
Company’s ability to successfully open the additional locations
described herein as planned or at all, the Company’s ability to
expand its business both within and outside of California
(including as it relates to increasing sales and growing Average
Unit Volumes at our existing stores), the degree of customer
loyalty to our stores and products, the fluctuation of economic
conditions, competition and inflation. We urge you to consider
those risks and uncertainties in evaluating our forward-looking
statements. We caution readers not to place undue reliance upon any
such forward-looking statements, which speak only as of the date
made. The Company undertakes no obligation to update these
statements for revisions or changes after the date of this release,
except as required by law.
Contacts
Investor Relations Contact:Chris TysonExecutive
Vice PresidentMZ North AmericaREBN@mzgroup.us949-491-8235
Company Contact:Reborn Coffee,
Inc.ir@reborncoffee.com
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