Snakes & Lattes Inc. Announces the Opening of the Eighth Snakes & Lattes Location in Provo, Utah
March 07 2022 - 7:35AM
InvestorsHub NewsWire
TORONTO, ON, Canada -- March 7, 2022 -- InvestorsHub NewsWire --
Snakes & Lattes Inc. (OTC:
FUNN) is pleased to announce the opening of their newest Snakes
& Lattes location in Provo, Utah.
Snakes & Lattes Inc. is pleased to announce we have acquired
Good Move Café in Provo, Utah in an all-cash deal. Good Move Café
was established in 2017, at 1 E Center St Ste 100, Provo, UT 84606
near Brigham Young University by Dave and Shawn Moon. They have
always been innovators; introducing game rentals, retail, and a
membership program since opening. It has quickly become a hot spot
for students and locals alike. Well managed and highly reviewed
with over 1100 Google reviews averaging 4.6. At ~4,150 sq. ft. it
is a wonderfully sized location for plenty of patrons to get their
feasting and gaming on!
https://goodmovecafe.com/
Given the influence of the Church of Jesus Christ of Latter-day
Saints in the area, it will keep its namesake while operating under
the Snakes & Lattes brand. Good Move Café represents a one-off
from the traditional S&L location and operates slightly
different due to local culture. The plan is to infuse the location
with elements of the Snakes & Lattes brand, such as an official
retail/gift shop, rental/delivery activities and a subscription
program. However, we feel it is important to recognize the values
held in this region and such differences mean keeping the local
name. It is clearly a successful business and a great opportunity
to expand our North American footprint.
“We have been watching Good Move Cafe since their inception and
I've always had a lot of respect for them. Good Move Café has grown
into a leader, focusing on great food and overall execution. They
have done a terrific job running this location and share the same
philosophy as Snakes & Lattes. We spoke the same language. It
was easy to communicate and see how passionate these guys are. The
staff and even the landlord have been very supportive and have been
a large part of its success. We look forward to working with them
to continue its trend of excellence," said Snakes & Lattes
Founder Ben Castanie.
This eighth location represents one location conversion out of
many we are exploring across the United States and Canada.
Opportunities have been coming in since the challenges of the
pandemic had many locations proactively reaching out to consider a
conversion. When we find a café that meets our requirements for;
size, market potential, location relative to our demographics,
financially sound post due diligence, and ease of transition we
begin the deep dive review process. These conversions are a
separate list from the USA expansion team’s efforts and represent
another stream for corporate growth. More information on the USA
expansion team to come!
We are excited to expand into a new state and continue our plan
to have Snakes & Lattes brand locations coast to coast in North
America!
See you at Snakes & Lattes!
About Snakes & Lattes Inc.
For further updates from Snakes & Lattes., please follow us
on Twitter @SnakesLattesInc
For more information regarding the company, please visit the
following website:
Snakes & Lattes Inc. - www.snakesandlattes.com
Snakes & Lattes Inc. currently operates 4 tabletop gaming
bars and cafes located in Ontario, Canada. 2 in Arizona (Tempe,
Tucson), 1 in Chicago, Illinois and 1 in Provo, Utah. The
company is in the process of expanding throughout North America.
Snakes & Lattes Inc. was the first board game bar and cafe in
North America, and is believed to be the largest in the world. Our
board game cafes have the largest circulating public library of
board games in North America for customers to choose from. For more
information on Snakes & Lattes Inc., please visit the website
at www.snakesandlattes.com.
Safe Harbor Statement
This news release contains statements that involve expectations,
plans or intentions (such as those relating to future business or
financial results, new features or services, or management
strategies) and other factors discussed from time to time in the
Company's OTC Market or Securities and Exchange Commission filings.
These statements are forward-looking and are subject to risks and
uncertainties, so actual results may vary materially. You can
identify these forward-looking statements by words such as "may,"
"should,", "will", "expect," "anticipate," "believe," "estimate,"
"confident," "intend," "plan" and other similar expressions. Our
actual results, such as the Company's ability to finance, complete
and consolidate acquisition of IP, assets and operating companies,
could differ materially from those anticipated in these
forward-looking statements as a result of certain factors not
within the control of the company such as a result of various
factors, including future economic, competitive, regulatory, and
market conditions. The company cautions readers not to place undue
reliance on any such forward-looking statements, which speak only
as of the date made. The company disclaims any obligation
subsequently to revise any forward-looking statements to reflect
events or circumstances after the date of such statements or to
reflect the occurrence of anticipated or unanticipated events.
Contact:
Ben Castanie
Snakes & Lattes Inc.
Telephone: (416) 500-2911
Email: ben@snakesandlattes.com
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