#6
The “Illegal” healthy, fresh concept locations are enjoying enviable growth and the new Illegal Pizza, along with one of the newer IB locations are each on track to generate at least $700,000 in revenue in their first year. Given the broad popularity of these concepts, the Company plans to continue opening new Illegal Burger and Illegal Pizza restaurants in existing and new markets. It should be noted that the Company completed its Illegal Burger Franchise Offering documents in May 2019. Illegal Burger Franchising has retained a marketing group to assist with the commencement of its franchise offering and to pre-qualify potential franchisees. The Company hopes to have its first franchise sales perhaps during 4Q19. WCVC began its operations in Illegal Brands in June 2019, offering its own branded CBD infused water and CBD powder packets, first through its restaurant locations, and now directly to consumers.
KEY RESTAURANT INITIATIVES