Rising India, Inc. Announces Acquisition Strategy Toward a Sizable Slice of the QSR Pizza Pie
July 30 2014 - 8:00AM
InvestorsHub NewsWire
Tustin, CA- July 30, 2014- Rising India, Inc.
(OTC:
RSII), announces today it will immediately begin work toward
the acquisition of up to 5 profitable stores in the popular Quick
Serve Pizza Restaurant segment. Current targets are currently
earning about $450,000 in revenues per year, per store.
Acquisition of targets would provide immediate cash flow identified
from profitable longstanding, absentee owner operations with proven
model success.
CEO Jim DiPrima comments, “Given our SWOT
analysis of the opportunity here, I am very pleased with our
current objectives. The opportunities in this ever-evolving
market are significant. Statistics show that QSR pizza
customers are happy to pay extra dough, even in a slowly recovering
economy, for the right ingredients, be they exotic, organic or a
unique recipes and Gluten Free alternatives not found in typical
chains.
We intend to take part in capitalizing on this
ever-increasing trend with strategies for unique advantages and
flexibility to expand our operations outside the pizza realm into
other QSR concepts by year 3.”
Forbes
recently reported why better
Quick-Serve Pizza has become the next big dining trend including
empirical data reminding us that earlier this year, 900-unit chain
Buffalo Wild Wings bought a stake in one next-wave pizza upstart,
year-old PizzaRev. When established chains start to buy in, you
know they sense a new trend in motion — and they want to make sure
they’ve got a piece of the action. Savvy ‘Shark Tank’ investor Mark
Cuban bought into natural-pizza startup Naked Pizza in
2010.
According to
statistics from Franchise Disclosure Documents, Americans eat on
average 100 acres of pizza daily or 350 slices per second. In
addition, 93 percent of Americans eat at least one pizza per month,
easily making pizza the number one dinner choice in the United
States. The $40 billion industry (measured by sales per year) makes
up approximately 17 percent of all restaurants in the
nation.
DiPrima intends to utilize his own experience in
franchising, which includes extensive knowledge on training and
managing incoming owners, site selection, lease negotiations,
design and build-outs to meet franchise specs. As well, the
Company plans to hire in the near future, seasoned restaurateurs to
serve as Chief Operations and Chief Strategy Officers or
Consultants for the company, and offering a vested stake in the
company toward highly motivated success for optimal revenues and
growth for RSII and its shareholders.
The Initial target acquisitions, which hold
multiple concepts in the Quick Service Pizza realm, have lower food
costs than a typical stand-alone store due to multiple locations
and synergized purchasing therein. As well, RSII has
identified a South Texas based financial group to insure leveraged
buy-outs following the Company’s initial acquisitions, to further
expand operations through 2015.
“RSII looks forward to consistent updates via
press release in the name of overall transparency for shareholders
through these exciting first steps,” states
DiPrima.
CONTACT:
JAMES DIPRIMA, CEO,
Chairman
Jim.DiPrima@gmail.com
Forward-Looking Statement Any statements made in
this press release which are not historical facts contain certain
forward-looking statements; as such term is defined in the Private
Security Litigation Reform Act of 1995, concerning potential
developments affecting the business, prospects, financial condition
and other aspects of the company to which this release pertains.
The actual results of the specific items described in this release,
and the company's operations generally, may differ materially from
what is projected in such forward-looking statements. Although such
statements are based upon the best judgments of management of the
company as of the date of this release, significant deviations in
magnitude, timing and other factors may result from business risks
and uncertainties including, without limitation, the company's
dependence on third parties, general market and economic
conditions, technical factors, the availability of outside capital,
receipt of revenues and other factors, many of which are beyond the
control of the company. The company disclaims any obligation to
update information contained in any forward-looking statement. This
press release shall not be deemed a general
solicitation.
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