Sports Group International, Inc. Announces The Acquisition Of Frullati Cafe & Bakery

SCOTTSDALE, ARIZ. | Wednesday, May 26, 1999

Sports Group International, Inc. (OTC BB:SPGK) Wednesday announced that through its recent infusion of $6.5 million, it has purchased the Frullati Cafe & Bakery company. Frullati Cafe & Bakery operates ninety stores in the Midwest and Southern United States. Approximately fifty stores are franchised and forty are held corporately. There are currently fifteen stores under development. The stores are operated in regional malls, airports, medical buildings and health clubs, offering nutritious smoothies / juice drinks and baked goods. Frullati Cafe & Bakery had system-wide revenue of approximately $30 million in 1998. Frullati is an Italian word for "fruit drink". Founded in 1985, the Frullati chain offers a healthy alternative to fast food with a wide variety of menu items including smoothies, garden salads, sandwiches, soups and baked goods. This purchase by Sports Group International furthers the corporate goal of securing its place as a leader in the smoothie / juice bar industry. The acquisition of Frullati Cafe & Bakery brings the current number of smoothie / juice bar stores owned by Sports Group International, Inc. This news release contains forms of forward-looking statements that are based on the company's beliefs as well as assumptions made by and information currently available to the company. Such statements are subject to certain risks, uncertainties and assumptions that are identified and described in the company's registration statements and periodic reports on file with the SEC.

Frullati Cafe & Bakery News and Press Releases

This article has been read 1898 times.

Would you like to own a Frullati Cafe & Bakery Franchise?

For more information about becoming a Frullati Cafe & Bakery Franchise owner, including a franchise overview, start-up costs, fees, training and more, please visit our Frullati Cafe & Bakery Franchise Information page.

Or complete our free franchise advise form for a consultation about Frullati Cafe & Bakery Franchise or any other franchise listed on The Franchise Mall.

Frullati Cafe & Bakery Logo

Frullati Cafe & Bakery
7730 E. Greenway Rd., #104
Scottsdale, AZ

Phone: (480)443-0200
Toll Free: (866) 452-4252
Fax: (480)443-1972

Frullati Cafe & Bakery Franchise Information

Share This Page!


FREE FRANCHISE ADVICE

First Name:
Last Name:
Address:
City:
State: (US inquiries only please)
Zip:
Phone:
Email:
Capital to Invest

(Min $50k Investment)
Investment Timeframe:

Can I use my 401K or IRA
to buy a business?

Submit your request for a
FREE Franchise Consultation.