MIAMI, April 21, 2015 /PRNewswire/ -- GRILLiT, Inc. (the
"Company" or "GRILLiT") (OTC Pink Markets: GRLT) today announced
that it's master franchisor in Texas has executed a franchise agreement with
Grillit Round Rock, LLC for the store location in the Greenlawn
Crossing Shopping Center in Round Rock,
Texas (previously announced on January 28, 2015).
"Our master franchisor in Texas, led by Bill
Roberts, has done an excellent job of identifying and
securing our first franchisee in the state of Texas," said GRILLiT CEO, Ghazi Hajj.
"We received the full $25,000
franchise fee, we expect the definitive lease to be executed very
soon, and the entire funding is in place to begin
construction."
The restaurant location in Round Rock,
Texas is approximately 20 miles north of downtown
Austin, Texas in a high-traffic
shopping center anchored by an HEB grocery with several national
chains such as GNC and Orangetheory Fitness. The corporate
headquarters for Dell Computer Corporation lies directly across the
highway less than one third of a mile away. The space was the
only vacant space available in the shopping center and was formerly
occupied by Starbucks, which moved to a stand-alone location within
the same shopping center.
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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visit:http://www.prnewswire.com/news-releases/grillit-executes-franchise-agreement-for-first-store-location-in-texas-300069216.html
SOURCE GRILLiT, Inc.
