Business
Fast Casual Concepts, Inc. Announces a Master Franchise Agreement in the Pittsburgh Area
Fast Casual Concepts, Inc. Announces a Master Franchise Agreement in the Pittsburgh Area.
About this update from Fast Casual Concepts Inc.
[{"type":"text","content":"\n GROVE CITY, Pa., Oct. 19, 2022 (GLOBE NEWSWIRE) -- Fast Casual Concepts, Inc. (OTCPINK: FCCI) announces entering a master franchise agreement to further develop its brand in Pittsburgh, Pennsylvania. As part of the agreement, the master franchisor will own and operate all existing locations and supplement the brick-and-mortar locations with food trucks. Fast Casual Concepts will collect royalties on the master franchisor's gross revenue. \"A master franchisor adds a promising new dimension to Fast Casual's future. Our focus is to continue to grow the brand. The Pittsburgh area agreement supports this goal by allowing us to focus on franchising rather than daily operations of corporate locations,\" said Timothy Seivers, Chief Operating Officer of Fast Casual Concepts. Fast Casual Concepts, Inc. also announced its Board of Directors approved the retirement of 19% of the total number of common shares issued and returned them to the treasury. About Fast Casual Concepts, Inc. (OTCPINK: FCCI): Fast Casual Concepts, Inc. (OTCPINK: FCCI) is a restaurant company featuring a portfolio of brands, including Holy Cow Burgers and Ice Cream, Independent Taco, and Third Eye Pies, with all locations in Pennsylvania. Fast Casual Concepts provides a friendly and pleasant atmosphere for customers and employees. Customer satisfaction is paramount. The Company's values offer the environment for their teammates to grow and thrive. A corporate culture nurtures a healthy, creative, respectful, and fun working environment in which our employees respect the customer and the product quality. The mission of Fast Casual Concepts is to fill the growth sector market of fast-casual dining experience by providing fresh ingredients and higher quality food otherwise not offered by competitor fast food restaurants. Fresh ingredients differentiate us from the competition as our restaurants focus on innovative products, unique promotions, competitive pricing, and an enjoyable experience. Holy Cow Burgers and Ice Cream's first restaurant, a fast-casual burger shop with homemade milkshakes and hard ice cream, opened in 2019.  Independent Taco is a fast-casual, build-your-own taco and burrito shop that serves a variety of street tacos, burritos, and bowls which opened in 2020. And the Company's Third Eye Pies is ...