Obee's Franchise Systems, Inc. Signs First Agreement For Metro -- Dallas Marketplace
(Thursday, August 02, 2007) -
Obee's Franchise Systems, Inc. announced today that it has signed an agreement to open its first obee's(R) soups salads & subs restaurant in the greater Dallas, Texas marketplace. Owsen Enterprises Inc., based in Irving, Texas completed the negotiations earlier this week, and has now started the process of determining where the company should open its first location.
Peter Brown, Obee's Franchising Systems, Inc. President congratulated Owsen on the company's decision saying, "we understood from the beginning that obee's(R) soups salads & subs was in competition with a number of very respected names in the fast casual restaurants and subs arena. I would like to personally thank Mr. Chris Williams, Vice-President of Operations & Development for Owsen for his diligent research and attention to the unique offerings of our franchise operations. We look forward to working closely with him in the coming months to help make first restaurant operation, in this vibrant and significant Dallas marketplace, a huge success."
obee's(R) soups, salads & subs features a menu of both healthy and hearty items ranging from fresh garden salads to extra large, deli-style sub sandwiches. Each restaurant's decor his highlighted with a deli-style image which is carried through with freshly-sliced meats, cheeses and vegetables in each operation everyday. See: http://www.obees.com.
Earlier this week OBFM announced that a new location is also set to open in the Greensburg, Pennsylvania area as part of the company's development plans in Pennsylvania. This is the first of twenty locations that the company has contracted for with that region's area developers for the three county territory of Westmoreland, Indiana and Cambria counties.
All leasing and real estate offers for these and all other obee's(R) locations around the U.S. should be emailed to: realestate@obees.com
About Obee's Franchise Systems, Inc.
Obee's Franchise Systems Inc. is the parent company of obee's(R) soups, salads & subs, a fast casual restaurant chain that manages franchises in 21 states from Florida to California. At present there are over 50 Obee's locations open and under development. OBFM has commitments from a nationwide network of area developers to open an additional 1,000 stores over the next ten years.
For all Investor Relations inquiries please contact: SITCOM LLC Obeesnews@sitcomllc.com 800-316-9437
For information concerning opening a franchise or an area developer agreement please contact: Mr. Peter Brown, President Obee's Franchise Systems, Inc. 941-828-0073 pbrown@obees.com
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 or Section 21E of the Securities and Exchange Act of 1934 and is subject to the safe harbor created by these sections. Obee's Franchise Systems, Inc. assumes no obligation to update the information contained in this press release. Certain information included herein may contain statements that are forward- looking, such as statements relating to plans for future expansion and other business development activities as well as operating costs, capital spending, financial sources and the effects of competition. Such forward-looking information is subject to changes and variations which are not reasonably predictable and which could significantly affect future results. Accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of the Companies.
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COMPANY INFORMATION
Obee's Franchise Systems Inc.
1777 Tamiami Tr.
Port Charlotte,
FL
Toll Free: (866)623-3462
Fax: (941)625-0052
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