Current Report Filing (8-k)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) February 8, 2015

BOURBON BROTHERS HOLDING CORPORATION

 (Name of registrant as specified in its charter)

 

Colorado	000-52853	80-0182193
State of Incorporation	Commission File Number	IRS Employer Identification No.

2 N. Cascade Ave, Suite 1400

Colorado Springs, CO 80903

(Address of principal executive offices)

719-265-5821

Telephone number, including

Area code

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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Item 1.01 Entry into a Material Definitive Agreement

License Agreement

 

On February 8, 2015, Bourbon Brothers Holding Corporation and its subsidiaries (“the Company”) entered into a Master License Agreement (the “MLA”) with SH Franchising & Licensing LLC (the “Licensor”) in connection with the opening up to five fast casual restaurants in the Denver, Colorado and Colorado Springs, Colorado area in the next 18 months. In addition, per the terms of the MLA, the Licensor waived certain initial license fees in connection with the opening of these five restaurants.  The Company will pay a monthly fee equal to $2,500 or two and one half percent (2.5%) of gross sales, whichever is greater, per restaurant.  This fee is subject to an upward adjustment of 3% during each year of the MLA.

On February 10, 2015, the Company issued a press release announcing the MLA.  A copy of this is attached as Exhibit 99.1 and incorporated by reference herein.

 

Item 9.01(d) Exhibits

99.1	Press release dated February 10, 2015.

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, on the 10th day of February 2015.

 

 

	Bourbon Brothers Holding Corporation
	By:	/s/ Mitchell Roth
		Mitchell Roth, President

 

 

 

Exhibit 99.1

 

 

 

5 New Southern Hospitality Fast Casuals in the Next 12 Months

COLORADO SPRINGS, COLORADO, February 10, 2015 (GLOBENEWSWIRE) – Bourbon Brothers Holding Corporation (BBHC) (OTCQB: RIBS) announced today a formal agreement to license the Southern Hospitality (SH) brand for new fast casual units. The Company plans to open up to five new fast casual units in the Denver and Colorado Springs markets over the next 18 months under the agreement.

Southern Hospitality is a full-service, barbeque concept in New York City’s Hell’s Kitchen neighborhood at the corner of 45^th and 9^th Avenue. The concept was co-created by Eytan Sugerman, Justin Timberlake, Trace Ayala and Nelson Braff in an effort to bring authentic southern barbeque to Manhattan.

BBHC is going to introduce the first fast casual, SH-branded restaurant later this year in a premier retail region, a densely populated and heavily trafficked area of the Denver Metro. BBHC and SH have been collaborating in the development of this concept and feel that they have successfully developed a platform that will bring authentic smoked barbeque to the masses in a way that is convenient, affordable, and high quality.

Southern Hospitality Co-Creator and Managing Partner Nelson Braff said, “We are very excited about the continued expansion of the Southern Hospitality brand, particularly in the area of fast casual.”

Plans currently call for an assembly line function, which enables customers to fully customize their meals, while also allowing them to watch meals be carved and prepared in front of their eyes. The Company has retained Roth Sheppard Architecture to complete the design and architecture of the initial unit. Roth Sheppard is an experienced full-service architecture firm that is well known for having completed the architecture and design of Tokyo Joe’s and ModMarket, two extremely successful, multistate fast casual concepts originating in the Denver market.

“Fast casual has been the fastest growing segment of the restaurant industry for five consecutive years, and outpaced traditional QSR and casual dining five to one during 2013, yet we feel that we are one of the first movers in the barbeque fast casual space. This concept is in line with the tremendous resurgence of barbeque, leaving us with an opportunity to gain immediate market share,” said Mitchell Roth, President of BBHC.

BBHC currently owns Bourbon Brothers Southern Kitchen in northern Colorado Springs, as well as a full-service franchise of Southern Hospitality, located in Lower Downtown Denver on 17^th Street between Blake and Market, only blocks from Coors Field and Union Station. BBHC will also be opening two new full-service Southern Hospitality restaurants this year, with the first opening in Lone Tree, Colorado and the second opening in downtown Colorado Springs.

More information on the Company is available at www.BourbonBrothers.com.

Forward-Looking Statements

The information in this news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements involve risks and uncertainties, including statements regarding the company’s business strategy and expectations. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking statements. In some cases, forward-looking statements can be identified by terminology such as “may,” “will,” “should,” “expect,” “plan,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” or “continue,” the negative of such terms or other comparable terminology. Actual events or results may differ materially. The company disclaims any obligation to publicly update these statements, or disclose any difference between its actual results and those reflected in these statements. The information constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.

CONTACT:

IR Contact: Rita Karpel
Email: [e-mail]
Phone: [phone]


PR Contact: Brandy Fugate
Email: [e-mail]
Phone: [phone]