BLIMPIE International signs agreement with Allied Leisure Plc; 100 BLIMPIE restaurants planned in the United Kingdom.ATLANTA--(BUSINESS WIRE)--Jan. 6, 1997--BLIMPIE International Inc., the world's second largest sandwich chain, announced today that Allied Leisure has signed an agreement to open five franchised BLIMPIE sandwich restaurants in the United Kingdom. If the initial outlets are successful, the company plans to open as many as 100 more restaurants, primarily traditional stand-alone outlets in central commercial areas. BLIMPIE restaurants feature American-style submarine sandwiches with fresh-sliced meats, dairy cheeses, and fresh-baked bread. The first UK outlet opened in Bristol in November. Allied Leisure is a diversified leisure and entertainment company, operating branded food outlets, bowling centers, bars, family entertainment centers and amusement facilities. It is the biggest 10-pin bowling operator in the UK with 24% of the market. BLIMPIE International Inc., which has nearly 1,600 quick-service franchise outlets and trades on NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on under the symbol BMPE BMPE Black Market Peso Exchange , has said that aggressive international growth is one of its corporate goals. The company has eight consecutive years of record growth. "BLIMPIE has demonstrated to us its commitment to an expansion in the UK, based upon a quality product which will have a wide appeal," said Neal Goulden, managing director of Allied Leisure Plc. "It meets our criteria for a long-term strategic move into branded food and provides an exciting opportunity for Allied to be a significant player in the sandwich market, once our test programme has been completed." Added Anthony Conza, BLIMPIE president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , "We hope this agreement leads to a much broader visibility for the BLIMPIE brand throughout the UK. We look forward to working with Allied on many grand openings in the future." The agreement with Allied was facilitated by Albion Foods Ltd., the master licensee for BLIMPIE in the UK. A master licensee is responsible for the recruitment of new franchisees and the development of the marketplace through sales, administrative and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services . The new BLIMPIE restaurants will feature a variety of sandwiches and salads. The BLIMPIE Best signature sandwich features a 6-inch or 12-inch fresh baked bread roll, ham, salami, cappacola, prosciuttini, dairy cheese, tomatoes, shredded shred n. 1. A long irregular strip that is cut or torn off. 2. A small amount; a particle: not a shred of evidence. tr.v. lettuce, onions, vinegar vinegar, sour liquid consisting mainly of acetic acid and water, produced by the action of bacteria on dilute solutions of ethyl alcohol derived from previous yeast fermentation. , oil and oregano oregano (ərĕg`ənō), name for several herbs used for flavoring food. A plant of the family Labiatae (mint family), Origanum vulgare, . Other sandwiches include tuna tuna or tunny, game and food fishes, the largest members of the family Scombridae (mackerel family) and closely related to the albacore and bonito. They have streamlined bodies with two fins, and five or more finlets on the back. , turkey, chicken and roast beef. CONTACT: BLIMPIE International Lynnette McIntire, 800/447-6256 ext. 120 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion