Amfil Technologies Inc. Announces New Tier Of Franchise Licensing Called The Master Franchising Program For Strategic Expansion into Key North American Territories:
Toronto, ON, Dec. 07, 2017 (GLOBE NEWSWIRE) -- Amfil Technologies Inc. (OTC Pink: AMFE) is pleased to announce the details of the newly added tier of franchising licenses for Snakes & Lattes Inc., titled the ‘Master Franchising Program’. The Master Franchising Program was developed to expedite the company’s expansion throughout the North American markets and is being offered only to qualified candidates representing select strategic territories.
Details of the Master Franchising Program:
The Master Franchising Program has been developed with the purpose of opening Snakes & Lattes Inc. hubs to assist with the training and monitoring of the other franchised locations in a defined territory. The Master Franchising Program allows for the expedited expansion of franchising into the U.S. Market by establishing Master Franchises in select territories. Each Master Franchise will subsequently open additional franchises in their territory, all of whom will be required to pay royalties to Snakes & Lattes Inc. Corporate head office. Simultaneously, Snakes & Lattes will continue to open new corporately owned locations in other regions of North America.
The Master Franchise License will provide the license holder the rights to sell franchises in the geographical area defined in the licensing agreement. The License allows the holder to collect royalties as well as training and advertising fees from the franchises in their defined territory, a percentage of which are paid to Snakes & Lattes Corporate Head Office.
In addition to operating as a Board Game Bar/Café, the initial location opened by the Master Franchise Licensee will act as a local distribution hub and training center for all further franchises in their territory. The Master License holder will have direct communication with, and have access to, the support and resources of Snakes & Lattes Corporate Head Office. This includes an initial training course at the head office in Toronto with our management team and specialized ‘Game-Gurus’.
The objective of the Master Franchising Licenses is to establish local ‘Flagship’ locations that operate in a true working partnership with corporate head office. This will ensure that each franchise operates in alignment with the standards set by the company and is successful in both profits and customer satisfaction. This information can then be directly relayed to the franchisees in the defined territory and further monitored by the Master Franchisee of that territory.
The company continues its strategy of aggressive expansion throughout North America, and it is actively entertaining proposals and applications for Franchising and Master Franchising Licensing for a number of North American regions. For more information regarding a Snakes & Lattes Inc. franchise opportunity please contact the company at investors@snakesandlattes.com
As mentioned in our last press release, Snakes & Lattes Inc. plans to open its first U.S. based corporate-owned location in Chicago in early 2018. The franchising team intends to co-ordinate the corporate penetration into the U.S. market with Master Franchise locations, as well as individual franchise locations to rapidly create a strong presence in the U.S. upon official launch. Further updates relating to the expansion of Snakes & Lattes Inc. will be released as they continue to develop.
“The Master Franchising Program will allow the company to expand into the U.S. market at a far greater rate compared to the individual franchising licenses,” Stated Roger Mortimer, CEO of Amfil Technologies Inc. “We intend to have a significant presence coast-to-coast and stand firm in our resolve to make Snakes & Lattes Inc. a recognized household name globally in the very near future. Stay tuned, because we are just getting warmed up.”
A number of updates can be expected from Amfil Technologies Inc. and its subsidiaries in the near future.
For more information regarding the company, please visit www.amfiltech.com and follow us on Twitter for further updates @AmfilTech.
For more information on Snakes & Lattes Inc. please visit www.snakesandlattes.com
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