MIAMI - May 10, 2013 // PRNewswire // - GRILLiT, Inc. (the "Company") (OTC Markets: GRLT) announced today that it held a highly successful inaugural grand opening of its second restaurant location. The new GRILLiT restaurant, located at 15807 Pines Blvd in Pembroke Pines, Florida, hosted many distinguished guests, including the Mayor of Pembroke Pines, Mr. Frank Ortis , President and CEO of Chamber of Commerce, Mr. Robert L. Goltz , and several members of the Pembroke Pines Chamber of Commerce. The Company estimates over 200 people attended the event, which was held on April 30, 2013.
"GRILLiT is officially opened for business in Pembroke Pines," proclaimed Mayor Ortis. "The food and atmosphere were incredible. The Chamber of Commerce and I wish GRILLiT the very best and much success with its future endeavors." The Chamber of Commerce President and CEO Mr. Robert L. Goltz commented, "What a great dining experience we had at GRILLiT. The food was fresh, fast and delicious. This is a great addition to the food industry in Pembroke Pines."
The fast-casual restaurants have an open display grill and kitchen and comfortable dining atmosphere. They provide high quality, affordable and health-conscious food offerings for dine-in, carry-out and catering. GRILLiT uses only fresh ingredients and offers a variety of made-to-order grilled chicken, steak, shrimp, salads, pasta bowls, and wraps made with freshly made signature salsas, sauces and customer-selected hot and cold toppings.
GRILLiT CEO, Raimundo Dias , stated, "This is an exciting time in the history for our company. I believe that we are at the right place at the right time with our fast-casual dining strategy. The success of this grand opening of our second store propels us toward our expansion plan of 21 stores in the next three years."
GRILLiT operates two healthy, fast-casual restaurants located at:
Both are located in high traffic shopping plazas anchored by Publix Super Markets. Food styles include American, Asian Fusion, and Latin American. GRILLiT specializes in great atmosphere, casual dining and freshly prepared, delicious made-to-order lunch and dinner options. The Company is focused on expansion throughout Florida and the southeastern United States and nationwide franchising opportunities. For more information, please visit www.grillitinc.com.
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 the Company's business. The primary risk is the Company's ability to raise new and continued capital to execute its comprehensive business strategy. Additional risks include uncertainties associated with: concentration of revenue from our fast-casual restaurants; our ability to open and operate new restaurants profitably; achieving our growth and development plans; food-borne illnesses and negative publicity regarding food quality, illness, injury or other health concerns involving us or our franchisees; low barriers to entry by restaurant competitors; natural disasters, acts of war, terrorism or other events beyond the Company's control; the Company's inability to maintain working capital requirements to fund future operations; the Company's ability to attract and retain highly qualified management, technical and sales personnel; and the other factors identified by us from time to time in the Company's filings with the OTC Markets, which are available through http://www.otcmarkets.com. However, the reader is cautioned that our future performance could also be affected by risks and uncertainties not enumerated above.
Chief Executive Officer