SAN DIEGO // PRNewswire-FirstCall // -- Papa Bello Enterprises (Pink Sheets: PAPA) announced today that the company has initiated a nationwide search for two restaurant concepts to add depth and variety to its restaurant offerings. The company is requesting that companies submit their business plans to Papa Bello Enterprises through the corporate website. Initially, Papa Bello Enterprises is interested in receiving business plans from coffee and dessert concepts as well as hamburger style concepts.
Papa Bello Enterprises currently has four exciting brands, Papa Bello Pizza, The Kebab Cafe, Pastores, and Royal India Express. Each of these brands offers an exciting culinary experience. As other concepts are added, it is the goal of Papa Bello Enterprises to be able to offer complete "food court" style eateries to shopping malls, industrial complexes and large education institutions. This diverse food court will be able to provide food for any occasion and any time of day, from bagels and coffee in the morning to pizza and exciting ethnic dishes throughout the afternoon, allowing companies to keep their employees close to their desks and more productive.
Jim Price, CEO of Papa Bello Enterprises states, "As we emerge from this economic downturn, we continue to see a resetting of commercial real estate prices. Over the past several years, the costs per square foot to operate businesses has come down measurably and we intend to put together a product that will be very attractive to building management companies as well as educational institutions. We look forward to evaluating each new concept and company business plans."
Founded in 2005, Papa Bello Enterprises is a San Diego, California based corporation that owns, operates, and franchises food service restaurants in the United States and abroad. 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