TORONTO,
April 11, 2018 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("SPoT" or the
"Company") is pleased to announce that its Spot Coffee West
Hartford franchise café in West Hartford,
Connecticut, will commence operations with a soft opening on
April 17, 2018 and a grand opening on
April 30, 2018. Key members of the
Spot Coffee management team, including the District Operations
Manager for Saratoga Springs and Glens Falls, will be on site to
assist Graciela Garcia, manager of
Spot Coffee West Hartford, and her fully trained team during the
first two weeks of operation.
The Company is also pleased to report that it has completed all
of its leasing agreements and engineering and architectural
drawings, and has entered into a contract with the contractors to
fully develop three (3) more full franchise cafes and express
outlets. Construction of the Spot Express in Roswell Park has
already commenced and will be completed within 6 weeks.
Construction of Spot Coffee West Seneca and Spot Coffee Amherst
will commence this month upon obtaining the necessary building
permits.
"We look forward to bringing Spot Coffee to the community of
West Hartford and the State of Connecticut," said Dan Hensley, Spot Coffee's VP of Franchise
Operations. "Our unwavering commitment to maintaining the quality
of our café environments and our menu offerings has allowed us to
safely venture into new territories where our concept is warmly
welcomed. We are now focused on ensuring that the performance of
our new franchise cafés exceeds expectations as our franchise
program continues to develop and grow."
About SPoT Coffee
SPoT Coffee trades on the TSX Venture Exchange under the symbol
SPP. SPoT designs, builds, operates and franchises community
oriented cafés and express cafés in New
York State. SPoT's community cafés provide its customers
with the highest quality service, signature made-to-order meals and
award-winning micro-roasted coffee. Each SPoT café is distinctively
designed to suit its local neighbourhood, creating a warm and
friendly gathering place for the community. SPoT's commercial
business focuses on the sale of roasted coffee beans to food
service and grocery chains, business offices and third party
resellers such as universities and hospitals.
Forward Looking Statements
Except for statements of historical fact relating to the
Company, certain information contained herein constitutes
forward-looking statements. In particular, forward-looking
information in this press release includes, but is not limited to,
the potential use of proceeds of the financing that is the subject
of this release. Although we believe that the expectations
reflected in the forward-looking information are reasonable, there
can be no assurance that such expectations will prove to be
correct. We cannot guarantee future results, performance or
achievements. Consequently, there is no representation that the
actual results achieved will be the same, in whole or in part, as
those set out in the forward-looking information.
Forward-looking statements are based on the opinions and
estimates of management at the date the statements are made, and
are subject to a variety of risks and uncertainties and other
factors that could cause actual events or results to differ
materially from those projected in the forward-looking statements.
The forward-looking information contained in this news release is
expressly qualified by this cautionary statement. Except as
required by applicable securities laws, the Company undertakes no
obligation to update forward-looking statements if circumstances or
management's estimates or opinions should change. The reader is
cautioned not to place undue reliance on forward-looking
statements.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of the release.
SOURCE Spot Coffee (Canada)
Ltd.