Strategic
Expansion to a Premier Location: The decision to launch a
pop-up at The Wellington Market was made swiftly, thanks to the minimal initial
investment required and the unique opportunity to showcase Snakes & Lattes
in an upscale, vibrant environment. The Well is a distinctive live, work,
dine, and shop destination in
Test Run with Potential for Long-Term Presence: This pop-up serves as a test run, with no fixed duration, allowing the Company to assess the location's performance over the first few months. Our partners at The Well have been highly supportive, giving us the flexibility to adjust based on results.
Retail Expansion: Plans are underway to set up a retail section within the pop-up, offering board games and branded merchandise, enhancing the Snakes & Lattes experience and providing additional revenue streams.
Initial Performance and Adjustments: Since our opening, we have seen promising sales figures, bolstered by welcome events for friends, family, influencers, and gift card redemptions. We are adjusting our hours of operation to maximize visitor engagement, with slightly shorter hours Monday through Thursday and longer / full hours Friday through Sunday, aligning with the observed traffic patterns that have been experienced thus far.
Partnership with The Well Events Team: We have officially partnered with The Well events team, securing a feature on their website and exterior signage. We will host a general trivia night every two weeks, alternating with our Annex location, and monthly events such as mix and mingles and puzzle competitions. Importantly, we incur no fees for the event space and retain 100% of the ticket sales, boosting our potential revenue.
Gratitude
and Acknowledgments:
Finally,
we also want to wish the utmost success to all businesses at The Well and in
For more information about Snakes & Lattes and its new location at The Wellington Market, please visit https://www.snakesandlattes.com/wellingtonmarket
Stay tuned as further updates to follow in the coming days.
As always, a big thanks to all our shareholders, supporters, loyal guests, and staff. Creating memorable, quality human interactive experiences is what keeps the company going, and at all times we keep the mission of Snakes & Lattes locations coast to coast at the forefront of our strategy.
See you at Snakes & Lattes!
About Snakes & Lattes:
Founded
in
Snakes &
Lattes opened the first, and operates the largest board gaming entertainment
venues in
The Snakes
& Lattes gaming locations also specialize in full-service bar &
restaurant offerings and currently owns and operates 8 locations throughout the
Snakes &
Lattes is continuously in process of expanding throughout
Forward Looking Statements (Safe Harbor):
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the Securities Act), and Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), as well as others, and it is intended that all forward-looking statements that are made will be subject to the safe harbor protections created thereby. Forward-looking statements can be identified by forward-looking terminology such as aim, anticipate, believe, continue, could, estimate, expect, confident, intend, may, might, plan, potential, predict, projection, seek, should, will or would, or the negative thereof or other variations thereon or comparable terminology. In particular, statements that address guidance, outlook, targets, market trends or projections about the future, and statements regarding the Company's expectations, beliefs, plans, strategies, objectives, prospects or assumptions, or future events or performance, contained in this release are forward-looking statements. The actual results, such as the Company's ability to finance, complete and consolidate acquisition of IP, assets, operating companies, etc. could differ materially from those anticipated in these forward-looking statements as a result of certain factors not within the control of the company such as a result of various factors, including future economic, competitive, regulatory, and market conditions. The company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The Company has based these forward-looking statements on current expectations, assumptions, estimates and projections. Such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond FUNNs control. These and other important factors, including those discussed more fully elsewhere in this release and in the Company's filings may cause actual results, performance or achievements to differ materially from those expressed or implied by these forward-looking statements, or could affect FUNNS share price. The forward-looking statements contained in this release are not guarantees of future performance and actual results of operations, financial condition, and liquidity, and the development of the industry in which the Company operates may differ materially from the forward-looking statements contained in this release. Any forward-looking statement made in this release speaks only as of the date of such statement. Except as required by law, FUNN does not undertake any obligation to update or revise, or to publicly announce any update or revision to, any of the forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this release.
Contact:
Phone: (647) 880 5887
Copyright 2024 JCN Newswire . All rights reserved.
© Japan Corporate News, source