06/23/06
A pr by: otcstockexchange.com:
Unique Pizza and Subs Corporation (Pink Sheets: UPZS - http://finance.yahoo.com/q?s=UPZS.PK ) Unique Pizza and Subs Corporation, a Delaware Corporation, has recently received another commitment from its current Massachusetts master franchisee to develop 3 (three) more states in New England. Joe Pitterino and David W. Nyberg have been active in developing the Boston market for Unique Pizza and Subs, and they have now acquired the rights to begin opening stores in the states of: Connecticut, New Hampshire and Rhode Island as early as September, 2006. Franchisee Joseph Pitterino stated, ''We started out to with the intention of opening forty-plus locations across Massachusetts by the end of 2007, but because the demand to open stores is becoming so strong we felt it was prudent to expand our territory to Conn., N.H., and R.I. while these markets were still available. David and I have many established business associates in these states and feel that will make our expansion into these new markets even easier. We are working in conjunction with the corporate office to hire a staff that is qualified to allow for this major expansion throughout New England.'' Unique Pizza and Subs has already projected to establish 194 (one hundred and ninety-four) locations open by the end of 2007, with sales totaling $84,233,400.
James C. Vowler, President and CEO of Unique Pizza and Subs, stated, ''Our company is extremely fortunate to have franchisees that have such enthusiasm and financial commitment to our brand. Joe Pitterino and David W. Nyberg are very educated and experienced businessmen, and by committing to open multiple locations in three additional states, it shows how excited and financially committed they are to developing Unique Pizza and Subs into New England's premier pizza franchise. This is one more strong indication to our shareholders how committed we are to expand Unique Pizza and Subs nationwide.''
Unique Pizza and Subs has done many things to position itself as the fastest growing, publicly traded pizza franchise in the U.S.: the ability to convert an existing pizza shop into a UPZS franchise in about one week; UPZS can open a franchise in any size market and is not limited to demographics or household incomes; the Customer Response Center (C.R.C.) which receives incoming orders for all nationwide stores is provided at no cost to the franchisee, saving them approximately 5% labor costs (pizza call centers have an average order 'up-sell' of 15-20 percent); a stock price that has continued to grow with UPZS's nationwide expansion; the superior product quality of a ''mom and pop'' pizza shop but with the consistency of a major franchise; a very unique and expanded menu with a limited inventory, for optimal cash flow and freshness of product. Unique Pizza and Subs will have locations in nine U.S. states before the end of 2006; Connecticut, Georgia, Massachusetts, New Hampshire, Pennsylvania, Rhode Island, Texas, Virginia and Wisconsin. In addition, Unique Pizza and Subs is in various stages of negotiations with prospective franchisees in: Canton, MI, Charlotte, NC, Chicago, IL, Greensburg, PA, Houston, TX, Ontario, CA., Phoenix, AZ, Royal Oak, MI, and Sacramento, CA, with the minimum commitment of five locations per franchisee.
Unique Pizza and Subs continues to adjust their projections upward as they continue to exceed their already ambitious plans.
About Unique Pizza and Subs Corporation, a Delaware Corporation
Unique Pizza and Subs Corporation currently is a startup/development stage company. Jim Vowler, President and CEO, completed four years of research before opening his first pizza restaurant in Millvale, PA, and then spent the next eleven years refining every aspect of the pizza business and was responsible for opening more than 20 locations under the name Unique Pizza Factory Corporation. Mr. Vowler's pizzas were the official pizza of the Pittsburgh Penguins and won numerous awards for taste and quality. Calling on this experience, Mr. Vowler has assembled an experienced management team to further develop the company's unique, quality products and business model that is well positioned for rapid growth.
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