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Obee's Franchise Systems, Inc. Today Announced Construction of
New Restaurant in California
HEATHROW, Fla., Dec. 15 /PRNewswire-FirstCall/ -- Obee's Franchise Systems,
Inc. (OTC Pink Sheets: OBFC) today announced that Obee's(R) soup- salad-subs
has commenced construction of a new restaurant in Hanford, California.
This Obee's(R) restaurant will be located in the Target Shopping Center, a new
development located on 12th Avenue in Hanford, California. This restaurant is
scheduled to open in early February, 2005.
Peter Brown, President of Obee's Franchise Systems, Inc., said, "We are very
excited about our continued development in the Bakersfield/Fresno market. We
believe the state of California is one of our greatest opportunities. We will
continue to aggressively build out these markets."
Obee's is a fast-casual restaurant with a menu focused on high-quality soups,
salads and subs with an emphasis on its fresh-sliced meats and cheeses. Started
in Port Charlotte, Florida, Obee's popularity quickly grew the company to a
strong regional brand. There are currently 81 Obee's locations open with an
additional 70-plus in development. OBFC has commitments to open an additional
1,300 stores over the next ten years. Obee's affiliate company, Ultimate
Franchise Systems, Inc., will continue to supply extensive operational
oversight and support.
Ultimate Franchise Systems, Inc. (OTC:UFSY) (BULLETIN BOARD: UFSY) currently
has investments in approximately 603 franchises in 30 states throughout the
United States. These brands include Gator's Dockside Restaurants, Jreck Subs,
Inc., Central Park Hamburgers, Li'l Dino's Deli and Grille, Sobik's Subs (OTC
Pink Sheets: QRVI), Famous Uncle Al's Hot Dogs (OTC Pink Sheets: FFDG), Flamers
Hamburgers, Westshore Pizza, Obee's Subs, New York Burrito, Juicy Lucy's and
Beverly Hills Weight Loss (OTC:WLFI) (BULLETIN BOARD: WLFI) .
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. Ultimate Franchise Systems, Inc., Obee's Franchise Systems, Inc. and
Quality Restaurant Ventures, Inc., assume 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.
DATASOURCE: Ultimate Franchise Systems, Inc.
CONTACT: Christopher Swartz of Ultimate Franchise Systems, Inc.,
+1-407-333-8998
Web site: http://www.ufsi.net/