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Restaurant Industry News
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Friday November 21st, 2008 |
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Sobik's System Wide Sales Top $3.2 Million YTD
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Quality Restaurant Ventures, Inc. (OTC Pink Sheets: QRVI), franchisor of Sobik's Subs sandwich restaurants, announced that the company's System Wide Sales have topped $3.2 Million YTD. |
Quality Restaurant Ventures, Inc. System Wide Sales for the company has increased each month for the past 6 months. The Average Sales increase has been between 3% and 5%. Sobik's Sales for the month of August, 2004 was $476,390 an increase from August, 2003 sales of $459,572.
"Sobik's Subs' sales continue to expand in the Central Florida market," said Dan Patterson, President of Quality Restaurant Ventures, Inc. Eleven units are scheduled to open in the area by the end of the year, a growth rate of 33 percent. "We couldn't be more pleased with our growth this year," said Patterson.
Sobik's Subs has been in the submarine sandwich business for 35 years in Central Florida. Quality Restaurant Ventures' affiliate company, Ultimate Franchise Systems, Inc. (OTC Bulletin Board: UFSY), currently has investments in approximately 595 franchises in 30 states. These brands include Gator's Dockside Restaurants, Jreck Subs, Inc., Beverly Hill Weight Loss, Obee's Subs, Central Park Hamburgers, Li'l Dino's Deli and Grille, Famous Uncle Al's Hot Dogs, Westshore Pizza, Sobik's Subs and New York Burrito.
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