HOLIDAY ISLAND, Ark., July 31, 2017 (GLOBE NEWSWIRE) -- Holiday Island Holdings, Inc. (OTCPink:HIHI) - a development stage company operating in the land development sector of the market – released the news today that it's $200,000 restaurant acquisition target lease building will be open this week in the Holiday Island Shopping Center by a well established local restaurant operator.
The long-time owners/operators of the “El Mariachi” restaurant in nearby Cassville, Missouri will open a second El Mariachi in the Holiday Island Shopping Center this week. This will be the only operating restaurant in the shopping center currently. El Mariachi will be a full service Mexican restaurant for lunch and dinner in one of the best located facilities in the shopping center.
Gene Thompson - CEO of Holiday Island Holdings said, “This is another big step in our acquisition pursuit of the restaurant building and land for $200,000 that will generate ~$17,000 annual net income at a 8.0% ROI. Right now, this would give the company a monopoly on the restaurant business at Holiday Island.”
The Company’s main goals for 2017 are to finalize a multi-million dollar raise and become a significant player in local commercial and residential markets at Holiday Island, Arkansas.
Holiday Island Holdings, Inc. will keep both its shareholders and public completely informed of the entire process as the details continue to develop. Please watch for regular press releases about the Company’s progress. For additional information, please visit the Company’s website at www.holidayislandholdings.com.
About Holiday Island Holdings, Inc. (OTCPink:HIHI):
Holiday Island Holdings, Inc. is operating its core business in land development in a continued effort to acquire and further develop income producing commercial and residential real estate located in Holiday Island, Arkansas. The company is in the process of further developing a town poised to become the largest community between Northwest Arkansas Metroplex and Branson, Missouri, and prosper in its participation in the local retail, commercial, and residential markets.
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