GRILLiT Executes Lease for Round Rock, Texas Location
MIAMI - Apr. 30, 2015 // PRNewswire // - GRILLiT, Inc. (the "Company" or "GRILLiT") (OTC Pink Markets: GRLT) today announced that its newest Texas franchisee, Grillit Round Rock, LLC, has executed a lease for its first store location near Austin, Texas. The lease comes on the heels of the execution of the franchise agreement recently signed with Grillit Round Rock (announced April 21) and will mark GRILLiT's initial presence in the state of Texas.
The agreement with Rassier Properties calls for a 10-year lease of the 2,100 square foot space located at 603 Louis Henna Blvd, Suite B100, Round Rock, Texas. Construction within the space is slated to begin in early May 2015, and project opening by July 30th, 2015 or sooner.
"This is a perfect location for our first foray into Texas," stated GRILLiT CEO Ghazi Hajj, "and we couldn't be happier with this location that our franchisee has found near Austin. It is across the street from Dell Computers Corporate offices and Headquarter and located in an area of high population growth, and the shopping center where it is located provides very high visibility. I expect success for this store, and I'm hopeful it will quickly lead to more locations in other Texas cities.
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 grass-fed organic steak. Restaurants offer an inviting and comfortable atmosphere with an open kitchen and contemporary, industrial design. For more information, visit www.grillitinc.com or www.handtbrands.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 our retained consultants to increase franchise sales in their targeted franchise markets. 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.
SOURCE GRILLiT, Inc.
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