New GRILLiT® Innovative Franchise Location to Open
Grand Opening for Elizabethtown, Kentucky Slated for November 11
MIAMI - November 4, 2013 // PRNewswire // - GRILLiT, Inc. (the "Company" or "GRILLiT") (OTC: GRLT) today announced the launch of its newest franchise location in Elizabethtown, Kentucky, featuring the company's first drive-through and stand alone building concept. The grand opening event is scheduled for November 11, 2013.
GRILLiT CEO, Ghazi Hajj, stated, "This is an innovative concept and an achievement for a franchise restaurant chain this early in its development. We are very proud to be able to roll out our model for a free standing facility incorporating our drive-through window operation."
Priya Investments, LLC, who owns the Master Franchise rights in Kentucky, Ohio, New Jersey, and New Hampshire, intends to develop these markets itself and is currently evaluating locations in four additional locations within its various territories.
Perry Patel, the owner of Priya, who acquired the rights after visiting GRILLiT's Miami Airpark corporate location while on vacation, commented, "I went to Florida earlier this year and had lunch at GRILLiT and loved it. The menu consists of innovative recipes, the atmosphere is modern while still being comfortable, and the overall concept has significant growth potential in Kentucky and other parts of the U.S."
Mr. Hajj added, "We are extremely proud of Mr. Patel and will provide him with plenty of support as he grows his restaurant's business. We look forward to opening more franchises in his territory and in other States."
GRILLiT (GRLT) is a growing Latin-Caribbean fusion restaurant concept that marries fast casual to nutritious and healthy food. The company opened its first location in Miami in 2011 and specializes in chef-inspired custom crafted rice bowls, pasta and wraps as well as salads. GRILLiT utilizes domestic growers and delivers healthy cuisine using only fresh proteins, such as never-frozen chicken and Angus beef. Restaurants offer an inviting and comfortable atmosphere with an open kitchen and contemporary, industrial design. GRILLiT currently has two locations and expects to have at least 21 corporate and 58 franchised locations open and operating within the next five years. The company is targeting Florida, North Carolina, New Jersey, Pennsylvania, New Hampshire, Ohio, Kentucky, Tennessee and Georgia for new growth. For more information, visit http://www.grillitinc.com.
Forward Looking Statements
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 our business. Specifically, the reader should not place undue reliance on statements regarding the opportunity that the State of Kentucky represents or our ability to open 58 new franchised restaurants in the next five years. Additionally, there are number of other risk factors relating to our business more fully explained identified by us in our filings with the OTC Markets, which are available through http://www.otcmarkets.com.
Robert L. Tucker
Director of Corporate Development
SOURCE GRILLiT, Inc.
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