Rockelle (CE) (USOTC:RKLC)
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From Dec 2019 to Dec 2024
MILLER PLACE, N.Y., May 18 /PRNewswire-FirstCall/ -- Rockelle Corp. (OTC:RKLC.OB) (BULLETIN BOARD: RKLC.OB) , a developer, owner, operator and franchiser of quick service restaurants, cafes and specialty food concepts, announces that they have signed a lease for a Taco Time franchise in Long Island, NY.
The February 2007 Quick Service Restaurant Magazine (http://www.qsrmagazine.com/) featured Taco Time on its front cover and noted that Taco Time was one of the fastest growing franchises with under 300 locations in 2006. The article also reported that sales for Taco Time exceeded $135 million in 2006, with sales per unit averaging $562,000.
As previously announced, Rockelle purchased from Kahala Corp. (http://www.kahalacorp.com/) the exclusive area development rights for Taco Time for all five Burroughs of New York along with Nassau and Suffolk counties in Long Island, NY. The combined population of Nassau and Suffolk counties and the five Boroughs exceeds 11 million.
"Taco Time uses only fresh, wholesome ingredients and prides itself in offering healthy choices. From vegetarian items to their unique line of crisp burritos, they use skinless chicken and low-fat beef that is never frozen," said Mr. Gerard Stephan, Rockelle's President & CEO. "This Taco Time will be in Port Jefferson Station, LI, NY, in the heart of Suffolk County. The area population is approximately 1.5 million people and the location is near several local colleges and universities."
Mr. Stephan added, "This location will have both sit-down dining and drive-thru access. Additionally, through Rockelle's relationship with Chock full o'Nuts, we will be able to offer a full line of coffee and breakfast items. That gives us the ability to serve breakfast, lunch and dinner. We will use this location as the model for future New York area Taco Time franchise sales."
Mr. Stephan continued, "I built the first Quizno's in Suffolk Co. just four years ago, and now there are over fifty locations. I feel we can have the same type of success with Taco Time. We are excited about our relationship with Kahala Corp. and look forward to what Taco Time will do for our revenue and company growth in the years ahead."
Forward-Looking Statements
Statements released by Rockelle Corporation that are not purely historical are forward looking within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the company's expectations, hopes, intentions and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the company's business prospects and performance. The company's actual results could differ materially from those in such forward-looking statements. Risk factors include but are not limited to general economic, competitive, governmental and technological factors as discussed in the company's filings with the SEC on Forms 10-K, 10-Q and 8-K. The company does not undertake any responsibility to update forward-looking statements contained in this release.
DATASOURCE: Rockelle Corp.
CONTACT: Investors, Jerry Stephan of Rockelle Corporation,
+1-631-244-9841, or Brokers, Surety Financial Group, LLC, +1-410-448-1130
Web site: http://www.qsrmagazine.com/
http://www.kahalacorp.com/