(1888PressRelease)
October 01, 2007 - Toronto, Ontario -- Yogen Früz USA Inc. is pleased to announce that the Company has completed a Master Franchise Agreement with Two Towers Inc. for the San Francisco Bay Area, in the state of California, U.S.A. This agreement extends to cities with a middle-to-high income demographic such as Berkley and Walnut Creek.
The Company, who recently announced a Master Franchise Agreement with Titan Group Inc. for Northern Florida, is continuing its aggressive expansion program by entering the San Francisco Bay Area with a strong regional partner in order to quickly penetrate this territory. "We are particularly excited about the flagship location, which will act as our showpiece outlet for northern California, commented President, Aaron Serruya.
Yogen Früz expects to open in the San Francisco Bay Area by the end of December, 2007 including a location at Three Embarcadero Center, Ground Level, in the heart of the financial district. Over a five year period, a target of 35 outlets has been set for the region.
The Company will be showing great momentum in the future as it continues to complete new master franchise arrangements in the United States, Serruya said. We believe that both Florida and California will experience the same high level of success that we have achieved in over 20 countries around the world.
Yogen Früz USA Inc., is a subsidiary of Yogen Früz Canada Inc., a world leader in the frozen dessert category, with over 1,100 locations operating in over 20 countries around the world. Yogen Früz pioneered the frozen dessert/snack business when it opened its first store in 1986. Today with its new assortment of proprietary Probiotic frozen yogurt and its dairy and non dairy smoothies, it continues its strong tradition of market innovation and leadership. Yogen Früz provides customers with a healthy alternative to fast food thats great tasting and nutritious, making it a great product for todays healthy and active lifestyle.
