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All American Food Group Enters Into Joint Venture With Design and Construction Company.


SOUTH PLAINFIELD South Plainfield, borough (1990 pop. 20,489), Middlesex co., NE N.J.; inc. 1926. It is the seat of several research and consulting firms and has plants that make chemicals, plastics, spices and flavorings, cosmetics, rubber products, pigments, electrical machinery, , N.J.--(BUSINESS WIRE)--August 27, 1998--All American Food Group (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB: AAFG), parent company of Goldberg's New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 Deli and Bagels, announced today that it has entered into an agreement with Erie Design and Construction Services to provide design and construction services for Goldberg's franchisees.

Erie Design and Construction of Buffalo, New York, is an experienced franchise construction company, having provided such services to national chains such as Ranch*1, Sbarro, and Gold's Gym Gold's Gym International, Inc. is an international chain of co-ed fitness centers (commonly referred to as "gyms") originally started in California by Joe Gold. Each gym features a wide array of exercise equipment and personal trainers to assist clients. .

"We offer Goldberg's franchisees and potential franchisees a rapid, high quality construction service throughout the country," says Wayne Blaine McGrath, principal of Erie Design and Construction. "Actually, you could say we provide `one stop shopping' for the design and construction of stores. We supply franchisees with full construction documents, including site surveys, equipment layout, architectural design This article or section may contain original research or unverified claims.

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, and of course, the general construction of the stores."

"We have found that design, approvals, and construction have been among the principal concerns of franchisees," says Michael Vizziello, Director of Franchising and Licensing for All American Food Group. "Design and construction are areas very few franchisees are experienced in, and they turn out to be the biggest part of their investment. Our arrangement with Erie not only improves the comfort level of the franchisees but it also helps expedite ex·pe·dite  
tr.v. ex·pe·dit·ed, ex·pe·dit·ing, ex·pe·dites
1. To speed up the progress of; accelerate.

2.
 the whole construction process. What used to take an average of six months is now down to three or four."

Since its initial public offering in December 1996, AAFG has grown from 11 to 38 stores. Current expansion plans call for a total of well over 100 stores to be in operation in eleven states by year-end 1999.

This press release contains forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
. The Company's actual performance might differ materially from that projected in such forward-looking statements for numerous reasons, including those contained in the Company's Annual Report on Form 10-KSB and other periodic reports filed with the Securities and Exchange Commission.

    CONTACT:  All American Food Group, S. Plainfield
               Andrew Thorburn, 800/776-5940
                    or
               Lisker Gedney Stover, Inc., Yonkers, N.Y.
               Tom Lisker, 914/376-6767


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Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Business Wire
Article Type:Article
Geographic Code:1USA
Date:Aug 27, 1998
Words:338
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