GFY Foods, Inc. (OTCBB: GFY0) announced recently that the company will be aggressively pursuing the acquisition of non franchise restaurants which are profitable but under capitalized. These franchise restaurants will offer food and beverage products which are anticipated to be licensed in an exclusive manner in order to move into the business services market.
The company feels that it is important to diversify its focus in order to better position itself in the marketplace, drive greater profitability and shareholder value. GFY Foods wants to move forward in a much more aggressive manner than it has done in the past so that it can build a stronger company that utilizes diversification to grow the bottom line. "We intend to publicize our interest in licensing unique food products that will dovetail with our existing restaurant locations. Also, if possible, offer these products via our web site so that we can develop a direct sales model," said Ed Schwalb, president of GFY Foods, Inc.
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