Spicy Pickle Franchising, Inc. (OTCBB: SPKL), operator of the fast casual restaurant chains Spicy Pickle in the U. S. and Bread Garden Urban Café in Canada, today announced the opening of a Spicy Pickle restaurant in Temecula, CA and a Bread Garden Urban Café in downtown Vancouver.
"The Temecula location is on the ring road of a shopping center that attracts a typical Spicy Pickle customer," said Marc Geman, CEO of Spicy Pickle. "Our franchisee is very familiar with the area and already has gained catering customers which we believe is the foundation for a successful restaurant. The restaurant design and build out were done very economically with a focus on return of investment for the franchisee," said Mr. Geman, "and in this economic environment that is a key to growth." The location is 4075 Margarita Road, Unit D, Temecula, CA 92591. Restaurant hours are 11 AM to 8 PM seven days a week. The phone number is 951-296-5660 and the fax is 951-296-5611. Franchisees Michael and Nicole Serpico are very excited to be opening their doors and Nicole plans on working closely with the schools in the area to promote fund raising activities that will introduce Spicy Pickle and help generate funds for local schools.
The new Bread Garden Urban Café at 855 Davie Street in downtown Vancouver is the third downtown location opened in recent months and the fifth location in the densely populated downtown area. "Bread Garden Urban Cafes are well known in Vancouver and with this new restaurant we continue to establish a strong position in the growing Vancouver market," said Marc Geman, CEO of SPBG Franchising, Inc., a British Columbia company which is a wholly owned subsidiary of Spicy Pickle Franchising, Inc. and the franchisor of the Bread Garden Urban Cafes. "Our staff in Vancouver continues to do an outstanding job of finding and opening high visibility locations throughout Vancouver and British Columbia."
Mr. Geman said, "The Bread Garden purchase continues to prove an extremely valuable asset of the company and its value is increasing every day. We continue to work on our portfolios of restaurants in both the United States and Canada and overall we continue to have net increases in our restaurant counts. More importantly, we are building more economically, finding better rents, and increasing efficiencies in the kitchen that reduce costs and labor. All of this should show up as better returns for the franchisees and increased unit sales which we believe will translate into increased royalty revenue for the company and continuing interest in expansion by existing and new franchisees."
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