This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Expanding Operations, New Agreements Fuels Steady Growth - Company Executes Master Franchise Agreement For State Of Nevada

CORAL SPRINGS, Florida, April 8, 2014 /PRNewswire/ --

Market updates for leading consumer goods companies and up and coming quick service restaurant continues steady growth with expansion in Nevada: GRILLiT, Inc. (OTC: GRLT), Starbucks Corporation (NASDAQ: SBUX), Whole Foods Market, Inc. (NASDAQ: WFM) and Chipotle Mexican Grill, Inc. (NYSE: CMG).

GRILLiT, Inc. (OTC Pink: GRLT) today announced that it has completed an agreement effective as of April 1, 2014 for the sale of GRILLiT master franchise rights in the State of Nevada.  The rights were obtained for a total cash consideration of $75,000, which the Company will book to its revenue in the second quarter of this year, plus an ongoing 4% royalty commitment on all gross revenues, and a $12,500 up front fee for each franchised location established in these territories.

To read the full GRLT press release, please click here:

As with the States of Texas and Arizona announced on March 31, the master franchisee is operated by Texas Expansion Wing Group, LLC, an experienced restaurant area developer and franchise sales organization.  The principals of Texas Expansion Wing Group have over 26 years experience in the retail and food industry, both as operators and owners.  Their experience ranges from the sale of over 100 franchises for QSR, the opening of over 90 restaurants in Austin, San Antonio, Corpus Christi, Laredo, Brownsville, Harlingen, and McAllen, Texas, and owning and operating YUM brands in Mexico.  Their most recent projects include acting as area developers for Hurricane Grill and Wings, one of the fastest growing casual dining concepts in the country, and Dazbog Coffee, which franchises the operation of specialty coffee stores.  

Starbucks Corporation (NASDAQ: SBUX) recently announced the launch of its 4th annual Global Month of Service, with Starbucks partners (employees), customers and community members once again coming together to help contribute more than one million community service hours per year by 2015. This program supports the advancement of Starbucks Global Responsibility Goals which were designed to help make communities stronger through ethical sourcing, environmental stewardship and community engagement. Building on last year's success, Starbucks will collaborate with more than ten organizations for Global Month of Service projects including Alaska Airlines, King Soopers, Deloitte, and Fidelity Investments. This year, Starbucks will also collaborate with global clothing retailer UNIQLO to co-host community service projects in five cities around the world. Starbucks estimates more than 55,000 volunteers will come together this month to participate in 2,000 projects in 40 countries fostering long-term, positive change in neighborhoods around the world.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,813.39 +1.20 0.01%
S&P 500 2,088.87 -0.27 -0.01%
NASDAQ 5,116.1430 +13.3350 0.26%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs