SPoT Coffee Announnces Expansion and Renovation of Its Renowned Elmwood SPoT Cafe
TORONTO, ONTARIO–(Marketwire – Jan. 4, 2010) – SPOT COFFEE (CANADA) LTD. (TSX VENTURE:SPP) (“SPoT” or the “Company”) is gratified to have well known which it has not long ago finished the enlargement and full restoration of one of the Company’s top income generating cafes located in the heart of the Elmwood Village Community (“Elmwood SPoT”) in Western New York State. The enlargement has doubled the area of the cafeteria to 4050 sq. ft. and has increasing accessible seating genius to house 185 congregation together with the outside exhilarated square space. The Elmwood Village is a clever blurb and residential heart which boasts an economically healthy, colourful and tolerable village in Buffalo, New York.
The execution of the Elmwood SPoT restoration and enlargement before to the finish of 2009 represents an additional fulfilment in the Company’s tranquil enlargement which has been delicately laid out by SPoT government in the Company’s long-term commercial operation and monetary devise in 2009. Construction of the sixth SPoT Coffee place has right away started in Del Ray Beach, Florida and this cafeteria is scheduled to embark the operations in May 2010. SPoT is good positioned to have ten cafes in full operation or underneath growth by the finish of 2010.
Elmwood SPoT, which initial non-stop in 1999, alone generated we estimate $1.4 million in annual sum income for the Company final year. SPoT Coffee government conservatively estimates which the enlargement and restoration will enlarge the annual sum sales at Elmwood SPoT by 35%.
The unchanging recognition of Elmwood SPoT had formerly exerted extensive vigour on the singular seating and menu. Now the cafeteria enlargement provides increasing seating genius and the brand brand brand new lengthened kitchen accommodates an extended menu that, in gripping with alternative SPoT cafes, includes SPoT’s epicurean pizza, signature sandwiches and Belgian Waffles.
Consistent with SPoT’s singular proceed to office building and handling community-oriented cafes, Elmwood SPoT will go on to yield a welcoming and gentle ambience for the village to enjoy. The complete behind wall of the enlargement right away facilities a brand brand brand new picture highlighting most of the internal facilities of the Elmwood Village written and embellished by a internal well known artist. With the benefit of internal designer and professor, Bradley Wales, most key pattern elements of chronological worth have been recorded and supplement to the comfortable facilities of Elmwood SPoT, together with the further of a large height which will form a theatre for live song and party which SPoT expects to continually underline there.
John Lorenzo, President of SPoT commented: “SPoT government is really gratified to entice the Elmwood village congregation to their redesigned and renovated Elmwood SPoT. All the Spotters, designer and contractors have worked really tough to redesign the Elmwood SPoT and we have been all vehement with the brand brand brand new menu items, mural, seating options, live performances and unchanging tall peculiarity service.”
About SPoT
SPoT designs, builds and operates community- oriented cafes which yield the business from any lifestyle and enlightenment with the top peculiarity service, signature light dishes and roasted in-house epicurean coffee. The stream SPoT government group has been successfully handling company-owned cafes in Western New York State and Canada given 2004.
Each SPoT cafeteria is a renouned and accessible entertainment place for the village where featured item coffee, upscale beverages, uninformed oven oven baked goods, signature sandwiches, soups, salads and epicurean pizza, cakes, pastries and home oven oven baked products have been offering and enjoyed by the congregation in a warm, accessible and home-like environment.
The Company now operates 5 cafes which operation in distance from 2,000 to in additional of 4,000 sq. ft. with locations in Buffalo (two), Williamsville and Rochester in New York State and Toronto, Canada.Unlike alternative compulsory epicurean coffee houses and discerning use restaurants which have been built on unity of product and style, any SPoT cafeteria maintains multiform singular and key features, including:
- Dedication to emanate a accessible sourroundings which nourishes and intensifies a clarity of entertainment and of community;- Roasting in-house and consistent SPoT’s own award-winning reward Arabica coffee;- Unwavering joining to suggest the business of the Company the top peculiarity products and services;- Innovative and varying cafeteria designs which cruise both the enlightenment andflavor of the specific communities of any cafe;- Choice of dilemma locations for any SPoT cafeteria at the core of their neighborhoods;- Ability to suggest insinuate and comfortable ambiances in any cafeteria to fit the amicable and in isolation moods of SPoT’s patrons; and- Trained and energetic use staff which have been unapproachable to call themselves “Spotters” who suffer portion their business and have them feel at home.
Forward Looking Statements
Except for statements of chronological actuality relating to the Corporation, sure report contained herein constitutes forward-looking statements. Forward-looking statements have been formed on the opinions and estimates of government at the date the statements have been made, and have been theme to a accumulation of risks and uncertainties and alternative factors which could means tangible events or formula to talk about materially from those projected in the forward-looking statements. Except as compulsory by germane bonds requirements, the Corporation undertakes no requisite to refurbish forward-looking statements if resources or management’s estimates or opinions should change. The reader is cautioned not to place unjustified faith on forward-looking statements.
Neither TSX Venture Exchange nor the Regulation Services Provider (as which tenure is tangible in the policies of the TSX Venture Exchange) accepts shortcoming for the endowment or correctness of the release.
