Creative Eateries Corp. Acquires Fit-n-Healthy Market Cafe.SCOTTSDALE, Ariz. -- Creative Eateries Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : CEAT CEAT College of Engineering and Agro-Industrial Technology (Philippines) CEAT Contractor Evidence Audit Team CEAT Community Emergency Action Team CEAT Civil Engineering and Architectural Team ) is pleased to announce they have acquired Fit-n-Healthy Market Cafe. Creative Eateries acquired the concept in a purchase agreement with Franchise Capital Corp. (OTCBB: FCCN FCCN Fundacao para a Computacao Cientifica Nacional ). This acquisition, in addition to Q's House of Barbecue, gives Creative Eateries not only another new exciting fast-casual dining concept, but one with the twist of food retail. Fit-n-Healthy Market Cafe is more than just a place to get a great-tasting, nutritious meal that fits into a healthy lifestyle. Each Fit-n-Healthy Market Cafe combines a quick-serve restaurant with a convenience-style retail store that carries the best health-oriented consumable products available for purchase. For years, restaurants have tried to figure out ways to sell customers more than just a meal, and some national chains have been successful. When executed properly, the retail business provides significant economic benefits including raising the value of a customer's visit, optimizing labor usage, smoothing peak sales times, and allocating rent across multiple businesses. Fit-n-Healthy Market Cafe is extending the restaurant-retail concept and creating the archetype archetype (är`kĭtīp') [Gr. arch=first, typos=mold], term whose earlier meaning, "original model," or "prototype," has been enlarged by C. G. Jung and by several contemporary literary critics. for maximizing sales in the restaurant industry. The contribution of retail sales to the total volume of a Fit-n-Healthy Market Cafe unit will outpace out·pace tr.v. out·paced, out·pac·ing, out·pac·es To surpass or outdo (another), as in speed, growth, or performance. outpace Verb [-pacing, even that of the most successful 2-in-1 chains. The reason behind this difference is the truly symbiotic relationship symbiotic relationship (sim´bīot´ik), n in implantology, that relationship assumed by an implant and the natural teeth to which it has been splinted. that exists between the restaurant and the retail side of a Fit-n-Healthy Market Cafe. The restaurant drives masses of people to a retail category starved for traffic. The retail store authenticates the healthy claims made in the restaurant. With shelves full of protein powder, vitamins, healthy snacks, and natural-organic food items, customers know that all of the Fit-n-Healthy Market Cafe menu items are healthy as well. In addition to the benefits mentioned above, the "One-Stop Healthy" concept drives profits. Fit-n-Healthy Market Cafe unit sales unit sales Sales measured in terms of physical units rather than dollars. Unit sales data are often used by financial analysts when evaluating the health of a company. will far outpace typical quick-serve restaurant volumes. Combining that with the ultra-high margin category of nutritional products yields a business case that is hard to beat. "I feel Creative Eateries has just acquired an innovative concept in the health food industry," stated Frank Holdraker, 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. of Creative Eateries Corp. He continued by saying, "Our goal is to have the first Fit-n-Healthy Market Cafe open in the second quarter of 2006 and over 20 units sold within the year following. Each unit is estimated to generate $850,000 in annual revenue." About Creative Eateries Corp. Creative Eateries Corp. is a franchise development company that targets emerging and undervalued Undervalued A stock or other security that is trading below its true value. Notes: The difficulty is knowing what the "true" value actually is. Analysts will usually recommend an undervalued stock with a strong buy rating. franchise concepts. The company is introducing a line of new restaurant brands that fall into the broad category of "fast-casual" dining. Creative Eateries Corp. will provide the necessary elements to grow these brands by partnering with the existing restaurant companies, thereby owning equity directly in these brands and by providing the concepts a total Franchise Turnkey Program. This formula is the result of several years of development to provide the tools and support needed to create and sustain a successful restaurant franchise with above average per store returns. Creative Eateries is listed on the 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 Electronic Bulletin Board under the trading symbol Trading symbol See: Ticker symbol CEAT. Look for our Web site at www.creativeeateries.com. For further investment information please call Gary Reid at 866-475-7539. Special Note Regarding Forward-Looking Statements Forward-looking statements in this news release are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of Section 21E of the Securities Exchange Act of 1934. Investors are cautioned that statements in this news release that are not strictly historical statements, including without limitation management's plans and objectives for future operations and management's assessment of market factors, and statements regarding the strategy and plans of the company and its strategic partners, constitute forward-looking statements. These forward-looking statements are not guarantees of the company's future performance and are subject to a number of risks and uncertainties, such as our success in acquiring new concepts, funding these acquisitions, and successfully adapting and franchising these concepts, and could cause the company's actual results in the future materially to differ from the forward-looking statements. |
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