MIAMI, Jan. 28, 2015 /PRNewswire/ -- GRILLiT, Inc. (the
"Company" or "GRILLiT") (OTC Pink Markets: GRLT) announced that its
master franchisor in Texas has
executed a letter of intent with Rassier Properties-Greenlawn
Crossing I to lease a 2,100 foot GRILLiT restaurant location in the
Greenlawn Crossing Shopping Center in Round Rock, Texas. The parties expect to
sign the definitive lease agreement within the next 30 days.
GRILLiT CEO Ghazi Hajj said that once the definitive lease
agreement is executed, construction will begin immediately, with
the grand opening slated for mid-summer 2015.
"As expected, our master franchisor in Texas, led by Bill
Roberts, has put together an excellent plan to begin rolling
out the GRILLiT franchise plan in that state," said Mr. Hajj.
"We have high hopes that this location will perform very
well. The restaurant location in Round Rock, Texas is approximately 20 miles
north of downtown Austin, Texas in
a shopping center anchored by an HEB grocery with several national
chains such as GNC and Orangetheory Fitness. The space was
the only vacant space available in the center and was formerly
occupied by Starbucks, which moved to a stand-alone location in the
same area."
Bill Roberts added, "I am
convinced Texas is the perfect
state to roll out this franchise brand. We have spent a lot
of time and energy in determining the absolute ideal location for
this important first GRILLiT location here in Texas, and we want this store to set the bar
for financial performance for future Texas locations. Let's GRILLiT!"
About GRILLiT
GRILLiT (GRLT) is a growing Latin-Caribbean fusion restaurant
concept that marries fast casual to nutritious and healthy food.
The company opened its first location in Miami in 2011 and specializes in chef-inspired
custom crafted rice bowls, pasta and wraps as well as salads.
GRILLiT utilizes domestic growers and delivers healthy cuisine
using only fresh proteins, such as never-frozen chicken and
grass-fed organic steak. Restaurants offer an inviting and
comfortable atmosphere with an open kitchen and contemporary,
industrial design. For more information, visit
www.grillitinc.com or www.handtbrands.com.
Forward Looking Statements:
Statements in this press release that are not purely historical
facts, including statements regarding GRILLiT's beliefs,
expectations, intentions or strategies for the future, may be
"forward-looking statements" under the Private Securities
Litigation Reform Act of 1996. Such statements consist of any
statement other than a recitation of historical fact and can be
identified by the use of forward-looking terminology such as
"plan", "may", "expect", "anticipate", "intend", "estimate" or
"continue" or the negative thereof or other variations thereof or
comparable terminology. The reader is cautioned that all
forward-looking statements are speculative, and there are certain
risks and uncertainties that could cause actual events or results
to differ from those referred to in such forward-looking
statements. This disclosure highlights some of the important risks
regarding our business. Specifically, the reader should not place
undue reliance on statements regarding our retained consultants to
increase franchise sales in their targeted franchise markets.
Additionally, there are number of other risk factors relating to
our business more fully explained identified by us in our filings
with the OTC Markets, which are available through
http://www.otcmarkets.com.
CONTACT:
Princeton Research Group
Tel: +1(781) 826-8882
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SOURCE GRILLiT, Inc.