PHOENIX, April 14, 2005 (PRIMEZONE) -- Franchise Capital Corporation (OTCBB:FCCN) today announced that its first Kokopelli Sonoran Grill has completed its opening events and is currently serving customers at its new prototype restaurant in the greater Phoenix market.
The opening festivities for this Kokopelli location ran through Sunday and Monday with the restaurant opening its doors for the general public on Tuesday, April 12. After a family and friends event on Sunday night, area businesses were invited for lunch on Monday, which was so well attended that it tested the readiness of the new restaurant staff. The official ribbon cutting for this Kokopelli Sonoran Grill location was held on Monday evening, and several members of the Glendale, Arizona city council and Chamber of Commerce were in attendance.
Franchise Capital Corporation Chief Executive Officer Bradford Miller stated, "We are extremely pleased with the initial response from both the local community and from the franchisees who attended the opening events at this Kokopelli Sonoran Grill. The comments we received were highly complimentary to our staff, and there was great enthusiasm over the quality of the food and the dining experience. Among the guests were our new franchisees from Nevada and several groups of potential franchisees from across the United States. We expect that, as a result of the outstanding reaction to this Kokopelli opening and having such an outstanding location to use as a model for potential franchisees, future sales of Kokopelli franchises will be easier to achieve.
"I would like to publicly thank our staff for the tremendous job they did over the past several months in preparing this location, as well as for executing such a successful launch that will be an example for future Kokopelli Sonoran Grill franchises from coast-to-coast," added Mr. Miller.
About Franchise Capital Corporation:
Franchise Capital Corporation is a Business Development Company pursuant to Section 54 of the Investment Company Act of 1940. The company currently has five operating, synergistic investments holdings: Kokopelli's Mexican Grill Franchise Company, LLC; Cousin Vinnie's Franchise Company, LLC; Kirby Foo's Asian Grill Franchise Company, LLC; Comstock Jake's Franchise Company, LLC; and Fathom Business Systems, Inc., all of which are engaged in business related to restaurant franchise development.
Safe Harbor Statement: The statements in this release that relate to future plans, expectations, events, performance, and the like are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. Actual results or events could differ materially from those described in the forward-looking statements due to a variety of factors, including those set forth in the company's report on Form 10-KSB for fiscal year 2004 filed with the Securities and Exchange Commission.