Printer Friendly

IFPG-Inka Grill Franchise Unveils Expansion Plans.

NEWPORT BEACH, Calif., July 18 /PRNewswire-FirstCall/ -- Restaurant Holdings Group Inc., a wholly owned subsidiary of International Food Products Group (BULLETIN BOARD: IFDG) in alliance with Inka Grill, the Peruvian home-style casual dining restaurants, today outlined the company's franchise expansion plan for the next five years. The business plan, which was compiled in conjunction with Francorp Inc., one of the country's leading franchise consultancy firms, projects an initial thirty franchises in the first two years, scaling up to an estimated two hundred and twenty total units by year five. Restaurant Holdings Group CEO, Mr. Richard Damion said, "Over the next several months we anticipate acquiring up to thirty percent of Inka Grill franchises. Our commitment is underpinned by our core belief that this unique and profitable concept, along with its association with Francorp, will yield a significant competitive advantage as the Inka Grill brand sets its sights on becoming a leader in the casual dining category."

Inka Grill founder Ana Kishihara, a native of Peru has spent over fifteen years refining and streamlining the operational aspects of the business. Ana, serving as chairman will oversee franchisee training and operations, ensuring that each franchise is run to the same high standard allowing the consumer to enjoy a consistency of tasty healthy food, service and ambience as they explore the ultimate Peruvian dinning experience. Damion added, "We are delighted with our association with Inka Grill, and look forward to working closely with Ana Kishihara, as she takes her Peruvian restaurant concept to the next level. Ana's attention to detail and in-depth knowledge of the industry make her the ideal person to help new franchisees replicate her concept and ultimately build their own successful units. Additionally, the leadership and resources of Francorp combined with the extensive food and beverage experience of IFPG should allow Inka Grill to meet and perhaps exceed the projected growth as outlined in its business plan."

Mr. Damion is scheduled for an interview with today and will be discussing the Restaurant Holdings Group/Inka Grill alliance.

About Inka Grill

Inka Grill was founded by Ana Kishihara almost 15 years ago, and is one of the most successful Peruvian restaurant groups in Southern California. These Zagat award winning restaurants were founded on home-style cooking from the Northern Provinces of Peru where seafood, chicken, lamb, beef and potatoes are the staple.

About Restaurant Holdings Group, Inc.

A wholly owned subsidiary of International Food Products Group Inc., Restaurant Holdings Group, Inc. was formed to facilitate the development and expansion of Inka Grill, as well as other franchise opportunities.

About International Food Products Group;

IFPG is public company trading on the OTCBB with the ticker symbol "IFDG". The Corporate Offices are at 620 Newport Center Drive, Newport Beach, CA 92660. The company is in the process of changing its corporate name. It's corporate identity, logos, and website will be updated shortly.

Safe Harbor Disclaimer: Certain statements contained herein constitute forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. Such statements include, without limitation, statements regarding business and financing plans, business trends and future operating revenues and expenses. Although the Company believes that the expectations reflected in such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by the words: believe, expect, anticipate, intend, estimate and similar expressions, or which by their nature refer to future events. You should independently investigate and fully understand all risks before investing. These descriptions of the Company contain forward-looking statements that involve risk and uncertainties including, but not limited to, quarterly fluctuations and results, the management of growth, competition and other risks detailed in the Company's SEC filings if any. Actual results may differ materially from such information set forth herein.
 For Further Information:
 Mairead Howe
 1 (949) 232-4333

CONTACT: Mairead Howe, +1-949-232-4333,, for International Food Products Group Inc.

Web site:
COPYRIGHT 2008 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2008 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jul 18, 2008
Previous Article:Fishermen's Energy Announces Support for Energy Master Plan Renewable Energy Goals.
Next Article:Erie Insurance Earns Top J.D. Power Customer Satisfaction Award.

Related Articles
International Foods Product Group Introduces New Product Lines.
International Food Products Group Project Biotech (USA) Inc. Finalize Sales/Distribution Agreement That Anticipate Revenues in Excess of Twenty-Five...
IFPG has Received a Substantial Commitment From a Major National Retailer.
International Food Products Group, Inc. and Silverado Corp KK Ltd of Minato-KY, Tokyo, to Begin Marketing Coffee Products in Japan.
International Food Products Group, Inc. Appoints Inside Sales of Bentonville, Ark. as Exclusive Sales Agent for Major Retail/Club Stores.
International Food Products Group Engages the Services of The Corporate Development Group for Strategic Alliances and Acquisitions.
Genghis Grill Expands With Frank Carney.
International Food Product Group, Inc. Changes Corporate Name and Forms Three New Subsidiaries.
IFPG's Wholly Owned Subsidiary Restaurant Holdings Group, Inc. Acquires Interest in Inka Grill Franchise.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters