Lease Commitments For Over 20 New Locations

Thursday, September 01, 2005

Eleven Locations in ‘Power Centre' Street front Sites

Beginning this fall, the company has lease commitments to open three units every month through to the summer 2006, at which time they expect to increase the number to four units a month, announced company COO Nick Veloce. "We're now seeing the results of our focus on fine-tuning our street front system to ensure it's a solid, long-term business model," he said. "We're attracting more and more franchisees as well as more and more new customers with each store we open", he said. Currently there are 12 street front locations in the 88-store chain. "By mid-2006, we'll grow the number of street front locations to 23 units and the total number of franchise units to 120", he said. Veloce anticipates that by the end of 2006 the chain will have 150 units, 50 of those being street front locations. This growth will position the company as having the largest number of Japanese-style quick-service street front locations in Canada. Established in Toronto in 1986, Made In Japan Teriyaki Experience began as a shopping mall food court concept but has since expanded onto university campuses, into hospital cafeterias and large format grocery stores, in office complexes and, even, in theme parks and the demand from these non-traditional site foodservice operators is steady. A new location in the University ofWindsor began operating on September 6. The next non-traditional site will open this fall in the Toronto MaRs Centre in the MaRS Discovery District, the state-of-the-art research and enterprise centre that has transformed Toronto into a premier North American research cluster. The corporate growth strategy includes opening more locations in appropriate shopping centers. "Although we already have a strong presence throughout Canada's major shopping malls, we still have our eyes on a few centers in which we'd like to open", said Veloce. A location is slated to open in the Pen Centre, St. Catharine's, Ontario in January 2006. Pen Centre is recognized as Niagara region's largest shopping destination, For more information about Made In Japan Teriyaki Experience visit www.teriyakiexperience.com. Alberta Deerfoot Meadows, Calgary Ontario Dixie Rd. & Hwy 401, Mississauga Trafalgar Ridge, Oakville University of Windsor Warden and Hwy 7, Markham MaRS Discovery Centre, Toronto Longo's Brampton Longo's Mississauga First Pro Morningside & Hwy 401, Scarborough Jane and Hwy 7, Vaughan First Pro Woodbine and Hwy 7, Markham Hwy's 410 & 7, Brampton Penn Centre, St. Catharines Metropolis, Toronto (2007) New Locations Opening Soon! Quebec Laval East Hwy's 640 & 40, Montreal Montreal North Cote De Neige International Verona, Italy Dana Mall, Bahrain Mall of Emirates, Dubai Bahrain United Arab Emirates

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Made In Japan Teriyaki Experience
700 Kerr St., #100
Oakville, ON

Phone: (905)337-7777
Fax: (905)337-0331

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