UFood Grill Announces New Lease Signing in Utah
UFood Restaurant Group, Inc. (OTCBB: UFFC), a franchisor and operator of fast-casual food restaurants, today announced that the franchise developer in the Rocky Mountain states has signed a lease for a unit in Draper, UT, a suburb 20 miles south of Salt Lake City.
Draper is a growing suburban city that has a young, upwardly mobile population and a highly educated work force. The developer expects to break ground in September with anticipation of a grand opening this year.
Headquartered in Boston, MA, UFood Restaurant Group, Inc. is a franchisor and operator of fast-casual food service restaurants with an integrated retail store that sells nutritional products for a dual revenue stream business. UFood Grill offers a healthy lifestyle alternative to consumers in the fast-casual restaurant space. The Company is led by franchise innovator George Naddaff, who founded Boston Market and led the franchising of several companies including Sylvan Learning Center and Ranch*1. Mr. Naddaff has a veteran management team in place with experience in both the restaurant and franchise markets. There are currently nine UFood Grill locations in operation.
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