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Business Summary: PAPA
Founded in 2005, Papa Bello Enterprises is a Las Vegas, NV based corporation that owns, operates, and franchises Italian style eateries in the United States. The company currently has 21 stores in operation and has a master lease agreement with Wal-Mart. The company was founded on the principles of providing the consumer with the highest standards of quality, value, and service. Papa Bello was created and founded on the principle of providing the consumer with the highest standard of quality, value, and service. We have spent countless hours on research and development of our products, designs, procedures, recipes, and relationships within the company…and have made every effort to focus on even the smallest of details. Article: More on PAPA Since we opened our first store inside the WAL*MART Super Center in Hannibal, Missouri, we have rapidly developed our concept - taking full advantage of being located inside America's largest retail chain. This relationship has proven to be such a success, so much in fact that the company was able to open 9 additional stores before our first year anniversary. We originally intended Papa Bello to function as a corporately owned and operated chain, but the demand for our pizza outlets and the immediate availability of locations both in and out of Wal-Mart necessitated the franchising of the brand. This growth potential offered to us by WAL*MART, combined with a premiere product, allows for a unique and profitable opportunity for our franchisees. Las Vegas, NV-March 11, 2009 Papa Bello Enterprises, Inc. (Pink Sheets: PAPA) makes a franchising debut at the World's Largest and Oldest Pizza Tradeshow: The International Pizza Expo 2009. The Papa Bello Pizza concept will be featured before thousands of trade visitors, investors, franchisees, and area developers. Pursuant to entering a partnership in January of this year with The Franchise Sales Solution, the franchise development company is presenting Papa Bello as part of their national expansion campaign. The 25th International Pizza Expo (dubbed the Show of Shows for the Pizza Industry) runs from March 10-12th at the Las Vegas Convention Center. This trade show will cover every aspect of the Pizza industry- from equipment and services to contracting and networking. The event will occupy more than 288,000 square feet, with more than 10,000 attendees expected to participate. Chase Canfield, CEO of Papa Bello Enterprises, states, "This is an important show for Papa Bello to attend. We are keeping up on market trends, new products, and competition while simultaneously building and strengthening relationships with current and future vendors, franchisees and investors. It's a great opportunity for brand exposure on all levels." Las Vegas, NV-March 5, 2009 Papa Bello Enterprises, Inc. (Pink Sheets: PAPA) is excited to announce a new and aggressive corporate campaign for sales, marketing and field operations launched in the first quarter of 2009. Under a partnership agreement with the franchising experts of The Franchise Sales Solution and their affiliate The Franchise Edge, Papa Bello is transitioning into a comprehensive franchising operation. As part of the agreement, Papa Bello has also expanded its management team to meet the demands of its international and domestic growth. Since joining forces in January of this year, six corporate stores have already been sold to franchisees. The Franchise Sales Solution (TFSS) is a client-focused franchising sales development company specializing in sales, marketing, vendor sourcing and pricing, and business development for franchisors. Their expertise and services also include extensive field operations, training, and management, both on a corporate and franchised level. Among the companies' cliental are Kokoriko, Fitness First, Brilliant Sky Toys, Salon Spa Suites, and Stretch-A-Licious. Paul Samson is the Founder of TFSS and has been the President and owner of TFE since 2005. His experience in franchising began as President and Founder of Lenny & Vinny's Management, Inc., a corporately owned and managed pizza chain that he operated for 14 years and grew to 14 units before deciding to franchise. Most recently, Mr. Samson was the Founder of Head West Enterprises, LLC, which grew the Westshore Pizza chain from 16 stores to 52 stores in less than 3 years, with an additional 90 units committed and combined annual sales of over $27,000,000. Richard Heruska, partner of TFSS states, "We're really excited about the Papa Bello concept and its ability to penetrate a wide variety of markets and venues. In laying the foundation for the company, they've established a working relationship with the world's largest retailer- and in doing so, they've launched the franchise into rapid national and international expansion. The complete franchising of the brand is now essential to keep pace with the growth. In just two months, we've received an incredible reception by the eager franchisees purchasing the stores." Chase Canfield, CEO of Papa Bello Enterprises, states, "The experience and knowledge The Franchise Edge and The Franchise Sales Solutions add to Papa Bello is seen in the product of their sales and operations efforts. Together, we're launching new initiatives and continuing to strengthen and expand the franchise. This partnership allows us to maximize our operating costs and increases the momentum we've been building for the past three years. From sales to operations, and everything in between, the fundamentals of our company are being further fortified to maintain our stability in any environment." For More Information about Papa Bello Enterprises, Inc. PAPA visit: papabellopizza.com |
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