Obee's Franchise Systems, Inc. (obee.pk)
Food and Beverage
- Astute Business Model: Obee's Franchise Systems has already found substantial success with its more than 40 current locations, and the company recognizes the importance of a deliberate and carefully planned expansion plan. With the appropriate infrastructure already in place, OBFM believes strongly that it retains a competitive advantage for new franchising opportunities in the Quick Serve Restaurant (QSR) market segment. Through careful and extensive research, Obee's Franchise Systems has identified five key territories in the U.S. that are part of the company's existing Area Developer network that it believes have the best circumstances for successful expansion and market penetration. In addition, obee's has developed its Four Point Plan for Success in order to achieve and maintain its quality standards effectively as it expands. With contractual commitments to potentially open over 1,000 locations over the next ten years, Obee's Franchise Systems, Inc. believes that the past year of planning, financial reorganization and infrastructure development has been well spent.
- Dynamic Growth Sector: Franchising is a powerful economic force, demonstrated vividly by a recent study from Price Waterhouse Coopers, which found that there are more than 760,000 U.S. franchised establishments generating in excess of $1.5 trillion in economic activity and producing one-out-of-every-seven jobs. Yet another study by the FRANdata Corporation found that franchising has tremendous benefit for a broad array of concepts, finding that 900 new concepts began franchising in the United States between 2003 and 2005. Of the number of franchising brands in existence, 17 of the 18 industry categories continue to experience significant annual growth (Source: International Franchise Association). By ramping up this exponential engine of revenue and operational growth, Obee's Franchise Systems, Inc. expects to significantly increase revenues and continue to expand its reputation as an emerging quick serve restaurant franchise success story.
- Recent News: Obee's Franchise Systems has maintained its focus on expansion and development, and recent announcements attest to the successful implementation of its business plan. In late July, for instance, the OBFM announced that it was in the final stages of construction of the first franchise it has contracted with one area developer in Pennsylvania. The agreement calls for an additional 19 restaurants to be built over the next 10 years. In early August, OBFM also announced the signing of an agreement to expand into the greater Dallas area. Since then, the company has announced new or renewed agreements in Pennsylvania, Texas, Minnesota and Florida as it continues to build upon commitments from its extensive national network of area developers to open an additional 1,000 stores in the next ten years. Obee's Franchising Systems, Inc. is currently in negotiations with several new successful area developers, and numerous potential franchisees around the country and abroad. OBFM expects to be able to announce the culmination of a number of these negotiations in the near future.
Company Contact Information
1515 International Pkwy.
Suite 2013
Heathrow, FL, 32746
USA
- Phone:800-316-9437
- Fax:n/a
- E-mail:obeesnews@sitcomllc.com
On-line contact form
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