SAN DIEGO, Jan. 25, 2011 // PRNewswire // -- Papa Bello Enterprises (Pink Sheets: PAPA) announced today that the company's Papa Bello Pizza subsidiary will be opening its second location in Alabama. Franchisee Terry Parmer has selected Alexander City for his location and hopes to open an additional location in the area later this year. Papa Bello expects the new location to be opened within the next two months. This will bring the total number of operating locations, across the Papa Bello Enterprises concepts, to eight and the company anticipates that additional locations could be added every six to eight months based upon economic and geographic conditions. Additional information regarding the grand opening of the Alexander City restaurant will be made available in the near future.
James Price, CEO of Papa Bello Enterprises states, "We are very excited that Terry Parmer has elected to open an additional Papa Bello franchise. He has been with us for several years and is a truly great business partner. We believe that he will continue to build out his territory and serve as a model franchisee for our company and perspective franchisees."
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. 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 www.papabelloenterprises.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