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Quality Restaurant Ventures Inc. News
Quality Restaurant Ventures, Inc. Board of Directors Appoints New President - New Leadership Sees Changing Working Environment As Opportunity For Expansion
HEATHROW, Fla.,
"I am very enthused about the new path that Quality is taking to grow its current revenue streams and expand with new locations," said Murray. "Most of today's fast food franchises are American icons that are unfortunately struggling to maintain margins and market share. The current economic crunch may be part of the problem, but there's also a crowded field of restaurant brands competing for traditional real estate turf."
Quality Restaurant Ventures is currently investigating further expansion into major employment centers, industrial parks and office buildings that have captive markets and less visible competition. The company's strategy incorporates its flagship brand Sobik's Sub Shops, www.sobiks.com, with a new trendy kiosk concept that will be offered to real estate managers and developers of commercial, retail and industrial properties.
"At Quality we see opportunities in providing solutions to the problems working people have simply getting a quick bite to eat for breakfast, having the time for a relaxing lunch hour or getting a tasty afternoon reward for a job well done," said Murray. "Our new unit economic models focus on serving the needs of real estate developers who see food service as an important amenity to help lease major space. We believe eventually they'll take us with them wherever they grow."
About Quality Restaurant Ventures Inc.
Quality Restaurant Ventures Inc. currently owns the Sobik's and Wing Way quick serve brands, and is developing two new concepts to complement the company's line of food service solutions. See: http://www.QualityRestaurantVentures.com
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 or Section 21E of the Securities and Exchange Act of 1934 and is subject to the safe harbor created by these sections. Quality Restaurant Ventures Inc. assumes no obligation to update the information contained in this press release.
SOURCE Quality Restaurant Ventures Inc.
