Odd Burger Signs Four New Franchise Agreements

Odd Burger Corporation (TSXV: ODD) (OTCQB: ODDAF) (FSE: IA9) today announced that it has signed four new Franchise Agreements in the last thirty days – a record number for the Company. The new franchise locations will be in Surrey BC, Brampton ON, Oakville ON and Regina SK. 

The Surrey, BC Franchise Agreement was signed with Christopher & Kiran Kroh.  The franchisees are currently seeking a location in South Surrey and, once a location is secured, plan to open some time in 2023.  The location will be the third Franchise Agreement signed in the Province of British Columbia with the two other locations slated to open in Victoria and Vancouver.

A Franchise Agreement was also executed for the previously announced Brampton, ON location at 9055 Airport Road, Brampton, ON. Franchisees Jayant Ahluwalia and Divneet Kaur will take over operations at the Brampton location prior to the store opening. Construction at the Brampton location is nearing completion and the location is expected to open in September, 2022 pending approval from local municipal authorities.  Grand opening details will be announced on the Company's social media accounts in the near future. Odd Burger currently has 7 other locations operational in Ontario. 

The Company also executed a Franchise Agreement for a location in Oakville, ON.  Franchisees Vijaykumar & Trupti Mehta plan to open their location at Dorval Crossing West, Oakville, ON which was previously secured by Odd Burger and will be subleased to the franchisees pending approval from the landlord. The franchisees plan to start the process of obtaining permits soon with construction to begin once permits are approved. 

Odd Burger is also pleased to announce its first location in the Province of Saskatchewan.  A Franchise Agreement was executed between the Company and Jatin Arvindbhai Patel, Anilkumar Jivanlal Patel, and Kuldipsinh Vaghela for a location in Regina, SK.  The franchisees are currently seeking an ideal location to open up their Odd Burger franchise as it will be one of the first vegan fast food chains to operate in Saskatchewan.  This will be the third Franchise Agreement executed in Canada's prairie provinces, with two other locations previously announced in Calgary and Edmonton Alberta. 

"We are seeing a rapid acceleration of our franchising operations all across Canada,"says James McInnes, co-founder and CEO of Odd Burger.  "The strategic partnerships with our area representatives are proving to be extremely effective as they have brought in incredibly passionate franchisees that believe in our mission and will help make Odd Burger the world leader in vegan fast food". 

Previously, Odd Burger signed two Area Representative Agreements that will see over 76 additional locations opening in the next 8 years in Ontario, British Columbia and Alberta. As it currently stands, the company has signed a total of 10 new Franchise Agreements in addition to its operational franchise in Windsor, ON and its 6 other corporate locations in Ontario.  As it plans to launch in the U.S. soon, the Company has also established a Delaware-based franchisor corporation and has largely completed its U.S. Franchise Agreement.