Muscle Maker, Inc., (the “Company”) an affiliated company of American Restaurant Holdings, Inc. (OTC: ARHI), is pleased to announce that it has completed its acquisition of Muscle Maker Grill (www.musclemakergrill.com).
With approximately 55 locations in 11 states throughout the country, Muscle Maker Grill was originally founded in Colonia, New Jersey in 1995. The menu consists of healthy dishes that are both great tasting and good for you.
“We are excited about the acquisition of Muscle Maker Grill. Our plan is to build upon the great brand and footprint that has been established dating back 20 years by the founder Rod Silva and his team. We look forward to the opportunity of introducing the healthy concept to the Southern California market where we feel it will be well-received by those focused on great food with their health in mind. The near term priorities for the Muscle Maker brand going forward will be the opening of corporate stores, continuing the franchise growth, and working closely with the existing all-important franchisees,” stated Tim M. Betts, the Chief Executive Officer of Muscle Maker, Inc.
“Our team is thrilled to partner with Muscle Maker, Inc. and feels that they can provide significant capital to grow the brand in the future. We look forward to working closely with Tim and his team to expand into Southern California and other health-conscious markets while building on our nearly 20-year legacy of offering great food with your health in mind!” stated Rod Silva, the founder of Muscle Maker Grill.
About Muscle Maker, Inc.
Muscle Maker, Inc., an affiliated company of American Restaurant Holdings, Inc., was established to acquire and grow the Muscle Maker Grill brand. The Company is headquartered in Irvine, California.
About American Restaurant Holdings, Inc.
American Restaurant Holdings, Inc. (ARHI) acquires stable cash flowing brands in the fast casual segment of the food service industry. Our primary focus is to acquire multi-unit brands as a franchisor while opening corporate stores in under-served markets.
Additional information may be found on the Company’s website at: www.americanrestaurantholdings.com.
Safe Harbor Statement
Except for historical information contained herein, the statements in this news release are forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company’s actual results, performance and achievement in the future to differ materially from forecasted results, performance and achievement. The Company undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company’s plans or expectation.
