Kokopelli Franchise Company Opens New Location in Phoenix
December 04 2006 - 9:28AM
Business Wire
The Great American Food Chain, Inc. (Pink Sheets: GAMN), a
restaurant holding company and concept developer, announced today
that an area developer has opened its first franchised location of
Kokopelli Fresh Mexican Grill in the Phoenix suburb of Chandler.
This marks the fourth franchise to open since the concept was
acquired by GAMN. Arizona represents the fifth different state with
franchises following Ohio, Oregon, Nevada, and Michigan. This
location is the first of five restaurant units that are scheduled
to open in the greater Phoenix metropolitan area. Paul Roegge, VP
of Operations stated: �We are excited to open this franchised
location in Phoenix, home to the original Kokopelli restaurant. The
location and storefront along with the energy of the local owners
reflect the basic roots in which Kokopelli Fresh Mexican Grill was
founded and represents what we strive to achieve in each Kokopelli
location.� The Great American Food Chain, Inc. (GAMN) acquired a
90% interest in Kokopelli Franchise Company, LLC in August of this
year. Eight area developers have committed to opening 70 Kokopelli
Fresh Mexican Grill restaurants over the next three years. About
The Great American Food Chain, Inc. The Great American Food Chain,
Inc. is a restaurant holding company specializing in the
development and expansion of proven independent restaurant concepts
into multi-unit locations through corporate owned stores,
licensing, and franchising opportunities. The Great American Food
Chain currently owns two concepts, Kokopelli Fresh Mexican Grill,
and Spikes Boneyard Grill, and is finalizing a licensing agreement
with a third concept. GAMN is located in Dallas, Texas. For more
information about The Great American Food Chain, Inc. see
http://www.thegreatamericanfoodchain.com. Information on our
website is not part of this press release. For more information
about Kokopelli Fresh Mexican Grill, please visit
http://www.kokopelligrill.com. Stay up to date with MN1 NewsWire
�NEWS YOU CAN TRUST� at www.MN1.com Forward-Looking Statements Any
statements in this press release about The Great American Food
Chain's expectations, beliefs, plans, objectives, assumptions or
future events or performance are not historical facts and are
forward-looking statements for purposes of the Private Securities
Litigation Reform Act of 1995 (the "Act"). These statements are
often, but not always, made through the use of words or phrases
such as "believe," "will," "expect," "anticipate," "estimate,"
"intend," "plan," "forecast," "could," and "would." There are a
number of important factors that could cause actual results or
events to differ materially from those indicated by such
forward-looking statements, including: limited operating history,
need for future capital, risks inherent in the development and
commercialization of restaurant concepts, protection of the
Company's intellectual property, and economic conditions generally.
Additional information on potential factors that could affect
results and other risks and uncertainties are detailed from time to
time in the Company's periodic reports. The Great American Food
Chain claims the protection of the safe harbor for forward-looking
statements under the Act and assumes no obligation and expressly
disclaims any duty to update any forward-looking statement to
reflect events or circumstances after the date of this news release
or to reflect the occurrence of subsequent events. The Great
American Food Chain, Inc. (Pink Sheets: GAMN), a restaurant holding
company and concept developer, announced today that an area
developer has opened its first franchised location of Kokopelli
Fresh Mexican Grill in the Phoenix suburb of Chandler. This marks
the fourth franchise to open since the concept was acquired by
GAMN. Arizona represents the fifth different state with franchises
following Ohio, Oregon, Nevada, and Michigan. This location is the
first of five restaurant units that are scheduled to open in the
greater Phoenix metropolitan area. Paul Roegge, VP of Operations
stated: "We are excited to open this franchised location in
Phoenix, home to the original Kokopelli restaurant. The location
and storefront along with the energy of the local owners reflect
the basic roots in which Kokopelli Fresh Mexican Grill was founded
and represents what we strive to achieve in each Kokopelli
location." The Great American Food Chain, Inc. (GAMN) acquired a
90% interest in Kokopelli Franchise Company, LLC in August of this
year. Eight area developers have committed to opening 70 Kokopelli
Fresh Mexican Grill restaurants over the next three years. About
The Great American Food Chain, Inc. The Great American Food Chain,
Inc. is a restaurant holding company specializing in the
development and expansion of proven independent restaurant concepts
into multi-unit locations through corporate owned stores,
licensing, and franchising opportunities. The Great American Food
Chain currently owns two concepts, Kokopelli Fresh Mexican Grill,
and Spikes Boneyard Grill, and is finalizing a licensing agreement
with a third concept. GAMN is located in Dallas, Texas. For more
information about The Great American Food Chain, Inc. see
http://www.thegreatamericanfoodchain.com. Information on our
website is not part of this press release. For more information
about Kokopelli Fresh Mexican Grill, please visit
http://www.kokopelligrill.com. Stay up to date with MN1 NewsWire
"NEWS YOU CAN TRUST" at www.MN1.com Forward-Looking Statements Any
statements in this press release about The Great American Food
Chain's expectations, beliefs, plans, objectives, assumptions or
future events or performance are not historical facts and are
forward-looking statements for purposes of the Private Securities
Litigation Reform Act of 1995 (the "Act"). These statements are
often, but not always, made through the use of words or phrases
such as "believe," "will," "expect," "anticipate," "estimate,"
"intend," "plan," "forecast," "could," and "would." There are a
number of important factors that could cause actual results or
events to differ materially from those indicated by such
forward-looking statements, including: limited operating history,
need for future capital, risks inherent in the development and
commercialization of restaurant concepts, protection of the
Company's intellectual property, and economic conditions generally.
Additional information on potential factors that could affect
results and other risks and uncertainties are detailed from time to
time in the Company's periodic reports. The Great American Food
Chain claims the protection of the safe harbor for forward-looking
statements under the Act and assumes no obligation and expressly
disclaims any duty to update any forward-looking statement to
reflect events or circumstances after the date of this news release
or to reflect the occurrence of subsequent events.
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