LAS VEGAS, Nov. 12 // PRNewswire // -- Papa Bello Enterprises (Pink Sheets: PAPA) is pleased to announce that the company has reached a significant milestone this week with the opening of its 20th franchise restaurant, located in Boiling Springs, SC. To date, the majority of the stores are located in the front entrances of Supercenter Wal-Marts. Continued growth is expected through the opening of additional Wal-Mart locations, in-line shopping centers, convenience stores, and other non-traditional venues.
Papa Bello Pizza restaurants are located in the following states: Alabama, Colorado, Iowa, Indiana, Michigan, Minnesota, Missouri, Nebraska, Ohio, Oklahoma, South Carolina, Tennessee, and Wisconsin. In addition, plans for development are underway in Washington D.C., Pennsylvania, Delaware, Georgia and even China. The company also plans to have three locations outside of Wal-Mart in operation by the end of 2008.
Chase Canfield, 31, CEO of Papa Bello Enterprises states, "This has been a very exciting year for Papa Bello. Over the past 12 months, we have bolstered our executive team, gone public, expanded into a new country, and built out numerous franchises. We're laying the foundation for decades of expansion ahead, both on a national and worldwide platform."
Founded in 2005, Papa Bello Enterprises is a Las Vegas, NV based corporation that owns, operates, and franchises Italian style eateries in the United States. The company currently has 20 stores in operation and has a master lease agreement with Wal-Mart. The company was founded on the principles of providing the consumer with the highest standards of quality, value, and service. For more information on Papa Bello Enterprises or franchise information, please visit http://www.papabellopizza.com.
This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward-looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "seeks," "will," and other terms with similar meaning. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risks, and uncertainties, and by reference to the underlying assumptions.
SOURCE Papa Bello Enterprises