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Sunday, November 18, 2007
High-visibility locations will be targeted in existing shopping centers where the diners will be on the street side of available parking lot "out parcels". The unique diners will be the signature brand, with strong customer appeal and a full comfort food menu, including breakfast, lunch, and Blue Plate dinner specials.
The business plan pursuant to the expansion into foreign territories forecasts that with a perceived "American franchise program," there will be less resistance in some Middle Eastern and Asian countries than with current "fast-food" franchise programs. The amount of interest already generated from selected territories in Eastern Europe and several Arabic countries is currently being evaluated by franchise specialists. The Company plans on selling specific territories for a predetermined dollar amount and retained royalties.
"We already have a proven operating system and a solid following in our current markets. We have over 40 years of history, so we're able to provide our franchisees the same level of comprehension and purchasing power as the industry's other major players. What separates us from most franchises is that we operate in a space that has room to grow, yet our franchisees have the opportunity to cash flow in the early years of their business," stated Joe Murano, Dixie Lee CEO.
About Dixie Lee The originating corporate entity, Dixie Lee Food Systems, Ltd. was founded in Belleville, Ontario and has been in operation since 1964. Dixie Lee's operation expanded from being a food service product distributor, to operating initially 8 stores, in 1979, to more than 35 stores in Ontario by 1987. In 1988, Dixie Lee Food Systems, Ltd., began selling franchises and has expanded to over 80 franchised outlets from coast to coast in Canada. Dixie Lee International Industries, Inc., acquired the parent company's USA subsidiary, Dixie Lee Food Systems (U.S.A.) Ltd.in June, 2007, with the purpose of expanding additional franchise opportunities in the United States and abroad. Dixie Lee International Industries, Inc. is currently developing new franchise opportunities based upon the proven and successful track record of the founding corporation, which has over 80 stores/franchises throughout Canada. www.dixieleechicken.com Dixie Lee Corporation Investor Relations 800-858-7502 ir(at)dixieleechicken.com Forward-looking statements in this release are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks, and uncertainties and actual results could differ from those discussed. This material is information only and is not an offer or solicitation to buy or sell the securities.
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Dixie Lee Food Systems Ltd
7 Snow Road
Napanee,
ON
Phone: (613) 354-7999 ext 24
Toll Free: (855) 267-2657
Fax: (613) 354-7982