NexCen Brands Announces Opening of 50th Marble Slab Creamery Store in Canada
NexCen Brands, Inc. (PINK SHEETS: NEXC.PK) today announced the opening of the 50th Marble Slab Creamery franchised store in Canada. The store opened under an existing master franchise agreement with master developer Cam Inglis, signed in February 2003, which provides for an additional 100 Marble Slab Creamery stores to be opened in Canada over the next four years.
This new store opened in the city of Barrie, a half hour north of Toronto, is the eighteenth location opened in Ontario.
Kenneth J. Hall, Chief Executive Officer of NexCen Brands, Inc., stated, 'Our growth in Canada demonstrates the success of our franchise development model. By working with experienced master developers that can open multiple locations over time, we are able to leverage our franchise platform to expand the presence of each of our franchised brands in both domestic and international markets.'
Chris Dull, President of NexCen Franchise Management, Inc., the franchising subsidiary of NexCen Brands, stated, 'We are thrilled to announce the opening of our 50th Canadian store in Zehr's Plaza, which represents a significant milestone for Marble Slab Creamery and our proven master developer, Cam Inglis.'
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