Amfil Technologies Inc. Announces 3 New US Based Snakes & Lattes Cafe/Bar Locations In Progress and Additional Locations in Planning Stages
The Snakes & Lattes location in Tempe, Arizona opened in October 2018 and has been gaining traction quickly with month over month revenue increases since its official launch, which indicates the region was a great starting point for the US expansion. Now that Tempe is up and running, the Company is pleased to announce that a second location in Arizona is in the final stages of negotiation, potentially opening as soon as spring/summer 2019.
Snakes & Lattes Inc. is pleased to announce that it has selected a venue and received commitment from a joint venture partner, and funder, for a new Snakes & Lattes location in Orlando, Florida. The Company has found a suitable corner unit, in a prime entertainment district which has become available and the Company is in the process of firming up this location. Further details regarding this location will be provided prior to the end of this month.
As previously announced, a JV partner and funder have been secured to open a Snakes & Lattes location in Charlotte, North Carolina. Originally, we had selected a potential location, however since then 2 additional locations have become available which management felt were potentially more suitable for a Snakes & Lattes café. Ben Castanie and Aaron Zack have travelled from Toronto and will be arriving in Charlotte this Thursday, January 10th, 2019 to view all three potential locations alongside the JV partner and funder, to ascertain which location would be most ideal for the café given the target demographic and business specific criteria to ensure the business’s success.
Assuming all goes as planned and the locations are secured, the company expects to begin construction on these 3 additional cafes this spring, bringing the total number of Snakes & Lattes locations operational or under construction from 4 to 7 within the first half of 2019.
Additionally, the company continues to pursue a number of locations to increase café openings for 2019 even further. As previously mentioned, the company already has a partner and funder prepared to open a location in Denver, Colorado as soon as an appropriate location becomes available.
... We have the same situation in Fort Collins, Colorado.
Furthermore, the Company is currently negotiating with funders and/or potential landlords in 17 other US cities which are at earlier stages of the development process.
Since the successful launch of the first US based location in Tempe, AZ, it appears that 3 additional US based locations are likely to begin construction very soon, and as 2019 progresses that number could increase significantly.
The Company looks forward to the continued expansion of its highly popular Snakes & Lattes cafés throughout North America and expects the frequency of new openings to increase continuously for the foreseeable future.
