Trendy Fast-Casual Restaurants Increase Revenue Potential By Focusing on Improved Consumer Experience and Hospitality

MarketNewsUpdates.com News Commentary

Palm Beach, FL -- October 24, 2017 -- InvestorsHub NewsWire -- Recent strong gains in the labor market on the back of a steady rise in wages will likely encourage consumers to dine out more. With these expectations in mind, restaurateurs are undertaking various sales and initiatives to enhance guest experiences and, in turn, increase revenue growth potential on hopes of attracting more customers. With recent IPO's, the newest players in the market, The increase in the demand of fast food in particular has introduced new concepts like 'take away' or eating better tasting and higher quality food on the run concept. Active in the market today includes: FAT Brands Inc. (NASDAQ: FAT), West Coast Ventures Group Corp. (OTC: WCVC), Shake Shack Inc. (NYSE: SHAK), Sonic Corp. (NASDAQ: SONC), Red Robin Gourmet Burgers, Inc., (NASDAQ: RRGB).

West Coast Ventures Group Corp. (OTC: WCVC), which wholly owns fast-casual dining concept ILLEGAL BURGER, has unveiled two new websites as part of a recent digital rebranding campaign for both companies. The new online portals support WCVC's mission to provide its entrepreneurs with the resources necessary to stand out in today's crowded digital marketplace. "By launching both websites in tandem, we continue to extend our reach to an ever-widening audience," said James Nixon, Chief Executive Officer of WCVC and ILLEGAL BURGER. Read this and more news for WCVC at: http://www.marketnewsupdates.com/news/wcvc.html

"We believe these innovative mobile-responsive sites will provide our current clients with relevant and engaging content while attracting new customers through a revamped digital platform." ILLEGAL BURGER https://www.illegalburger.com The Burger + Bar eatery's newly redesigned website offers customers quick and easy access to information about ILLEGAL BURGER's always-fresh ingredients, updated menu options, and location contact information. As part of the update, hungry patrons can now place convenient online orders at any of the brand's four Denver restaurants.

West Coast Ventures Group Corp. http://www.westcoastventuresgroupcorp.com - WCVC's new website has a clean, uncluttered design, simple navigation, and audience-rich content focused on the company's investors; potential investors and potential future business partners. The website will be updated regularly with news of future partnerships, business activity, and investor and financial information.

West Coast Ventures announced last week it has completed a reverse acquisition and now solely wholly owns and operates fast-casual dining concepts ILLEGAL BURGER and El Seor Sol. "We couldn't be more excited to move to the next step of the process with West Coast Ventures Group," said James Nixon, Chief Executive Officer of WCVC and ILLEGAL BURGER

"Becoming a public company is going to help propel us into a national brand, this reverse takeover will place us in an even stronger position to branch out into new markets." ILLEGAL BURGER, a fast-casual Burger + Bar dining concept, prides itself on its all-natural, never frozen, antibiotic and hormone free ingredients; homemade sauces; and fresh-baked buns. Every location includes a full bar and blends up adult milkshakes whirred to order. ILLEGAL BURGER is in line to expand into the national marketplace as a leader in the fast-casual dining sector. After this reverse acquisition, the combined company plans to raise enough equity to open new locations outside of Denver and intends to begin the process to become a franchisor of ILLEGAL BURGER restaurants in the near future.

In other industry developments and events of note:

FAT Brands Inc. (NASDAQ: FAT), a leading global franchising company that strategically acquires, markets and develops fast casual and casual dining restaurant concepts around the world, rang the opening bell at the Nasdaq MarketSite in Times Square yesterday in celebration of its Regulation A+ initial public offering (IPO) on The Nasdaq Stock Market. FAT Brands currently operates the Fatburger, Buffalo's Cafe, Buffalo's Express and Ponderosa and Bonanza Steakhouse restaurant concepts, with more than 300 locations open and 273 under development with an overall footprint in 18 countries. They utilize an asset light franchisor model, which minimizes restaurant operating company risk, such as long-term real estate commitments or capital investments. FAT Brands has a scalable management platform that enables them to add new stores and restaurant concepts to their portfolio with minimal incremental corporate overhead cost, while taking advantage of significant corporate overhead synergies.

Shake Shack Inc. (NYSE: SHAK) Evolves the In-Shack Experience at Astor Place, NYC - A reflection of Shake Shack's relentless focus on excellence, experience and hospitality through innovation, the Astor Place Shack planned on introducing a new guest flow at the restaurant. Set to open its doors in early October at 51 Astor Place on the corner of 9th Street and 3rd Avenue, the Shack is designed to enhance operations and guest experience and will feature kiosk-only ordering, a cashless environment, and an optimized kitchen for greater throughput. Custom-designed by Shake Shack, the Shack kiosk was developed to allow Shake Shack to serve more guests at peak times whether in-Shack, for pickup via the Shack App, or even delivery resulting in fewer lines, less wait time and quicker speed of service at every channel.

Sonic Corp. (NASDAQ: SONC), the nation's largest chain of drive-in restaurants, this month announced results for its fourth fiscal quarter ended August 31, 2017. - Sonic Fiscal 2017 Earnings Per Share Increase 12% Driven by Refranchising Gains and Asset Sales - Read the full report at https://finance.yahoo.com/news/sonic-fiscal-2017-earnings-per-201400525.html

Red Robin Gourmet Burgers, Inc., (NASDAQ: RRGB), a casual dining restaurant chain focused on serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, yesterday announced that it will release results for the quarter ended October 1, 2017, on Monday, November 6, 2017. The Company will host a conference call to review financial results on Monday, November 6, 2017, at 5:00 PM ET. The conference call can be accessed live over the phone by dialing (877) 723-9521, or for international callers (719) 325-4765. A replay will be available from two hours after the end of the call and can be accessed by dialing (844) 512-2921 or (412) 317-6671 for international callers; the conference ID is 3106139. The replay will be available until Monday, November 13, 2017.


DISCLAIMER:  MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  MNU is NOT affiliated in any manner with any company mentioned herein.  MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  MNU is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed MNU has been compensated twenty-four hundred dollars for news coverage of the current press release issued by West Coast Ventures Group Corp. by a non-affiliated third party.  MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.

 

Contact Information:

Media Contact email:  info@marketnewsupdates.com - +1(561)325-8757

 

SOURCE MarketNewsUpdates.com

 

Sonic (NASDAQ:SONC)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Sonic Charts.
Sonic (NASDAQ:SONC)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Sonic Charts.