The Company is pleased to report that it has initiated a search for prospective acquisition candidates in the Florida region. The Company has targeted a list of existing pizza outlets in the area and is pursuing these opportunities. Its goal in working to complete these acquisitions is to build shareholder value in expanding its footprint of locations and to also have a presence in a warmer climate where seasonal factors do not affect customer traffic into its stores, as in Ohio. Preference will be given to acquisition targets that are located within a 60 mile radius of the Company's West Palm Beach office.
Hershey's Ice Cream Products and Carmela's Treats:
The Company is also pleased to report that the recently implemented Hershey's Ice Cream products have been well received at Carmela's Pizzeria. The Carmela's Treats area to the restaurant is continuously gaining popularity amongst existing customers and is generating walk-in traffic amongst new clientele. The Company anticipates that the Hershey's product line featured at Carmela's Pizzeria will continue to do well and generate increased revenues during the coming summer months.
Company Plans to expand to New York and Florida soon.
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