LAS VEGAS, April 7 // PRNewswire-FirstCall // -- Papa Bello Enterprises, Inc. (Pink Sheets: PAPA) is pleased to announce a company-wide rollout of a new menu after experiencing a strong increase in sales during a pilot program in various locations. As part of Papa Bello's 2009 initiatives, a broad range of new menu items have been developed and added to the current line of Italian quick-serve dine-in and delivery selections.
During the first quarter of 2009, the new menu was launched and tested in Papa Bello eateries located inside Walmarts in four strategic states. The restaurants each experienced a minimum of 35% increases in total sales. The company expects the trend to continue throughout the stores in the additional 8 states where the company is currently operating. As Walmart continues to broaden its customer demographic and appeal, updating the menu has been an important and necessary element for Papa Bello.
Inspired by the expansive menu selection recently implemented in Papa Bello's newly opened China location, the popular new items include fresh garden wraps, signature subs, gourmet salads, specialty pizzas and additional pasta entrees. In addition, Papa Bello now offers value meals and more size selections for their subs and pizzas, enabling the consumer to widen their choice selection, budget, and needs.
Chris DiNeno, Director of Field Operations for Papa Bello, states, "The reaction to the new menu has been tremendous. The immediate and dramatic increase in sales during the first quarter is a direct reflection of the positive response by the Papa Bello team members, franchisees and customers alike. We're excited to see this continue in all current and future stores throughout the country."
Chase Canfield, CEO of Papa Bello Enterprises, states, "Not only does our consumer base include the wide variety of traditional quick-serve customers, we also cater to an array of Walmart shoppers and associates. We must constantly focus on the trends and demands of our market. The immediate acceptance of the new menu indicates that we're succeeding in our continual efforts to adapt to the changing needs and desires of our customers."
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 and China. The company currently has 21 stores in operation and has a master lease agreement with Walmart. The company was founded on the principles of providing the consumer with the highest standards of quality, value, and service.
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