PHOENIX, April 25, 2005 (PRIMEZONE) -- Franchise Capital Corporation (OTCBB:FCCN) today announced that the company has completed its move to new offices in Scottsdale, Arizona, just outside of Phoenix. The new offices are a part of the company's ongoing expansion program with upwards of 35 new Kokopelli Sonoran Grill restaurants slated for development in locations across the United States and additional franchise development agreements currently in negotiation.
"Our new Scottsdale location is ideal to facilitate the growth of Franchise Capital and the restaurant concepts in its investment portfolio. With the substantial interest that our Kokopelli brand has garnered over the past several months, combined with the opening of its prototype Kokopelli Sonoran Grill in nearby Glendale, Arizona, we expect to be welcoming potential franchisees to discuss their future involvement with Kokopelli on a regular basis. The new offices are also convenient to Phoenix's Sky Harbor International Airport, an important feature considering the number of franchisees visiting from locations across the country," stated Franchise Capital Corporation Chief Executive Officer Bradford Miller.
Franchise Capital Corporation's new corporate address is 7400 East McDonald Drive, Suite 121, Scottsdale, AZ 85250, and the office telephone number is 480-355-8142.
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 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.