American Restaurant Holdings, Inc. (fka ARHI)

[Enterprising Investor]

American Restaurant Holdings, Inc. Becomes a Publicly Traded Company (6/11/13)

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Focus Entertainment International, Inc. (OTC: FEIID), has acquired American Restaurants, LLC, a Nevada limited liability company, through a reverse merger transaction. As part of the acquisition, the Company has changed its name to American Restaurant Holdings, Inc. (“Company”). The Company continues to trade under the symbol “FEIID.”

American Restaurant Holdings, Inc. is seeking to acquire stable cash flowing assets in the food service industry. We are focused on making acquisitions of quick service restaurants (QSR’s), fast casual and casual restaurants, and wholesale - retail food manufacturing. The Company has identified a number of food service locations that are being offered for sale. A majority of these target acquisitions are located in Southern California although future potential acquisition candidates could be located in other Western states.

Per our acquisition model, our plan is to use a combination of equity and debt financing to close on the target transactions while we look to leverage our investor’s capital to increase our acquisition buying power. Our target acquisition structure is a portion of the purchase price paid in cash with the remaining amount paid to the seller in the form of stock and/or a seller financed note.

Why we like the Food Service Industry: we are targeting a strong demographic of 18 – 30 years olds and according to the National Restaurant Association, a leading industry trade group, the US Food Service Industry was expected to post sales of $631 billion in year-end 2012. This is a 3.5% increase from 2011 and the third consecutive year of positive growth.

“The successful completion of this transaction is a significant milestone for us. Our listing on the OTC will provide us with the ability to access new sources of capital with which to grow our company. In addition, it is expected to greatly enhance our visibility and market awareness,” stated Tim M. Betts, Chief Executive Officer of American Restaurant Holdings, Inc.

Additional information may be found on the Company’s website at: www.americanrestaurantholdings.com.

Safe Harbor Statement

Except for historical information contained herein, the statements in this news release are forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company’s actual results, performance and achievement in the future to differ materially from forecasted results, performance and achievement. The Company undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company’s plans or expectation.

Contacts

American Restaurant Holdings, Inc.
Tim M. Betts
949-270-2777
[e-mail]

http://www.businesswire.com/news/home/20130611006463/en/American-Restaurant-Holdings-Publicly-Traded-Company