Category Archives: GRILLiT Inc. GRLT

GRILLiT, Inc. (GRLT) Signs LOI to Add Third Restaurant

July 17, 2013

Today before the opening bell, GRILLiT announced the execution of a letter of intent (“LOI”) to acquire an existing restaurant. After a low-cost retrofit, the location would serve as the company’s third location in South Florida.

Located in a well-trafficked area next to the University of Miami, the restaurant is expected to be in GRILLiT’s possession no later than August 27, 2013. GRILLiT has already paid the initial deposit into escrow as required by the terms of the LOI.

GRILLiT CEO, Raymond Dias, stated, “We are extremely pleased to have the opportunity for this store location. It is a perfect fit for us, both in terms of the existing store being a relatively simple retrofit, as well as being in an ideal area that gives us exposure to the large student population.”

GRILLiT’s healthy, fast-casual restaurants offer American, Asian Fusion, and Latin American food styles. The company’s restaurants are known for their great atmosphere, casual dining, and freshly prepared lunch and dinner options. The company is focused on expansion throughout Florida and the southeastern United States and nationwide franchising opportunities.

For more information, visit www.grillitinc.com

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GRILLiT, Inc. (GRLT) Sets Out on Major Expansion Plan

July 15, 2013

Technology has resulted in dramatic changes to the food industry over the past 50 years, with the ability to economically produce, process, and transport an ever widening range of foods. The kitchen itself has changed, with the advent of the microwave and associated fast-cook meals. In addition, the lifestyle of the American consumer has shifted, with busy outside schedules requiring meal preparation on a moment’s notice, and the rise of health concerns prompting closer looks at ingredient listings. The net result is a clear set of consumer priorities, dictating what the U.S. food marketplace, now over a trillion dollars in size, is looking for when it comes to food.

• Taste – There’s an old saying that if it tastes bad, you can’t make it cheap enough to sell. Eating has always been viewed as more than just a survival necessity. People want to enjoy eating, and that simply means the food has to taste good. People are now re-discovering the huge effect that freshness has on the taste of food, and are less willing to settle for the traditional salt and sugar cover-up.

• Cost – It has to fit inside the budget. Every aspect of the food business is highly competitive, and numbers are easier to compare than anything else. Today, with a world of data at their electronic fingertips, consumers can locate the cheapest of anything in the blink of an eye and quickly decide if it’s worth the savings.

• Health – More and more consumers are looking closely at things they use to overlook. They now pay attention to saturated fats and salt and sugar and added chemicals. It’s one of the reasons that people have begun turning away from highly processed foods. They’re looking for fewer chemicals and more real food. Consumers are increasingly aware that just because the government says it’s safe doesn’t make it healthy.

• Ease – In spite of the popularity of television cooking shows, and the fact that cookbooks are traditionally some of the biggest sellers in publishing, most Americans simply don’t do what they see on TV and don’t cook what they read in cookbooks. America gave rise to the fast food industry because, for better or worse, the average American is out the door, with little time left to be creative in the kitchen.

These four priorities are exactly what Florida-based restaurant chain GRILLiT had in mind when they set out to prove that a fast and economic dining experience, and fresh nutritious home style cooking, are not mutually exclusive. It’s this important understanding of today’s marketplace that has made them popular in Florida, and it’s the reason that they are now focused on executing a rapid growth plan, attracting major outside help for an expansion that is expected to eventually reach coast to coast.

For additional information, visit www.GrillitInc.com

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GRILLiT, Inc. (GRLT) Making Waves in Florida with Healthy, Made-To-Order Casual Dining Menu

July 8, 2013

GRILLiT is turning heads in the food service space with an exceptional brand of fast-casual restaurants that are changing people’s pre-conceived notions about the potential for delicious America, Asian Fusion, and Latin American style lunch and dinner menus, including sumptuous grilled foods, to also be healthy.

One of the keys to the company’s success thus far has been to use the freshest ingredients for their made-to-order lunch and dinner menu, which is also made available as carry-out or for event catering. The other key has been a mix of casual dining atmosphere and intelligent location of the company’s venues in high-traffic plazas anchored by the Publix Super Market chain, one of the fastest growing chains in the country with solid traction in GRLT’s initial target markets throughout Florida and the southeastern United States.

Bringing four decades of experience in the food industry to the table, GRLT understands so much of the dining experience is about those high-quality ingredients that make up the dishes. From crisp, fresh produce, to grain-fed Angus Beef that is seasoned to perfection with a carefully selected palette of herbs and spices, GRILLiT is keeping patrons coming back for more. The open-display grill and kitchen are a big hit at both of their current locations in Florida and the most recently opened (May 10) restaurant in the thriving City of Pembroke Pines saw a momentous debut, attended by over 200 patrons, as well as by the CEO and several members of the Pembroke Pines Chamber of Commerce.

Reception to both locations (the other is in Airpark Plaza over in Miami) has been outstanding and this menu of made-to-order, high-quality food, that is healthy and yet affordable, is generating significant organic word of mouth. Social media is buzzing with talk of the grilled chicken, steak, and shrimp prepared before people’s eyes in a relaxing casual dining environment, a formula that hits a certain demographic sweet spot, especially in the southeastern market. GRILLiT serves fresh salads, pasta bowls, and wraps as well, again prepared using optimally freshly ingredients, with signature salsas, sauces, and hot or cold toppings the customer can choose.

Doubling-down on their recent successes, GRLT moved to bring in some heavy guns as well recently, with the June 11 election of industry veteran Rob Elliott to the Chairmanship of the company’s Board. This is a man who has done tours of duty in senior management at some of the biggest names in the business, including Little Caesars Pizza, Quiznos, and Papa Murphy’s Pizza. This bold and decisive move was followed up by the June 20 retention of noted Chicago PR and franchise consulting firm, Sanderson & Associates, putting GRLT in a prime position to fully execute their marketing objectives. Sanderson & Associates helped build brands like Hardees, Jimmy John’s, Subway, Jamba Juice, and Sbarro, landing covers and major features in top publications like INC., WSJ, and Newsweek, as well as spots across the spectrum of TV and radio.

GRILLiT is clearly gearing up to fully capture the maximum expansion potential in their initial target markets and the longer-term goal of nationwide expansion is rapidly materializing as well.

For more information, visit www.GRILLiTinc.com

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GRILLiT, Inc. (GRLT) Sets New Record Date for Dividend

June 28, 2013

GRILLiT, operator of healthy, fast-casual restaurants offering American, Asian Fusion, and Latin American food styles, today told investors that it is postponing the record date for its previously announced common stock dividend. Instead of June 28, 2013, the record date for the stock dividend will be July 15, 2013.

All shareholders of GRILLiT owning common shares on the record date of July 15, 2013, will receive four shares of GRILLiT common stock for every share held by such shareholder. The dividended common shares will be “restricted” as defined in the Securities Act of 1933. Rule 144 allows for the public resale of restricted securities only if certain holding period and other conditions are satisfied.

Per FINRA regulations, the company is required to provide notice to and receive acceptance from FINRA prior to the actual distribution of the dividend. As long as FINRA does not cause any unforeseen delays, GRILLiT anticipates distributing the stock dividend within three to four weeks. The payment of the dividend will not require an increase in the total number of authorized shares of common stock nor is there a need for an exchange of certificates.

For more information, visit www.GRILLiTinc.com

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GRILLiT, Inc. (GRLT) Engages Top Franchise Branding/PR Firm to Accelerate Growth

June 20, 2013

GRILLiT, operator of fast-casual restaurants serving delicious and healthy food, today announced the hiring of Sanderson & Associates, a PR and franchise consulting firm based in Chicago, IL. This move is just another part of GRILLiT’s recent focus to build an exceptional team and carry out its marketing plan.

“We have a great product and a terrific vision,” stated GRILLiT’s CEO, Raymond Dias. “We are honored to have such a prestigious and well-known firm as Sanderson & Associates to guide the Company as we carry out our mission to become the leader in healthy, fast casual dining.”

Founded in 1986, Sanderson & Associates has helped build such chains as Hardees, Jimmy John’s, Subway, Jamba Juice, Smoothie King, McAlister’s Deli, Sbarro, The Italian Eatery, and Salsarita’s, among hundreds of other brands.

The firm initially specialized in PR for franchised companies, landing covers and major features in INC., WSJ, Entrepreneur, Newsweek, Nation’s Restaurant News, and hundreds of TV and radio segments. Today, they are also social media experts and have evolved into a consultancy for franchisors partnering with them in their growth plans.

“We are very excited to have GRILLiT coming aboard,” commented Sanderson & Associates founder Rhonda Sanderson. “I have seen hundreds of restaurant concepts in my 32 years in the business. What I know is who has the potential to be the ‘next big thing’ and today it’s all about diversified menus with healthy choices.”

For more information, visit www.GRILLiTinc.com

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GRILLiT, Inc. (GRLT) is “One to Watch”

June 18, 2013

GRILLiT was founded on the concept of delivering a fast-casual dining experience with fresh, nutritious home-style cooking. Leveraging more than four decades of experience in the food industry, the founders of GRILLiT established this unique business model to satisfy the ever-increasing demand for delicious and healthy food while providing the perfect ambiance for guest to relax and enjoy great cuisine.

The company sources its ingredients from local and domestic farmers to ensure crisp, fresh produce and grain-fed Angus beef. The cooking techniques and low-sodium recipes employed result in uniquely healthy and delectable meal choices. Using the best possible ingredients, GRILLiT chefs have created an inspiring flavor profile using fresh herbs spices and all-natural marinades.

The management team executing GRILLiT’s business strategy has been carefully assembled to achieve rapid growth and profitability. One of the most recent additions, Rob Elliott, brings more than 25 years of experience in restaurant franchise system development, marketing, branding, and operations. Previously serving as Vice President of Marketing for Little Caesars Pizza, he was instrumental in expanding the number of store locations from 150 to 5,000.

GRILLiT is focused on expanding throughout the southeastern United States and offers nationwide franchising opportunities. Current locations operate in high-traffic shopping plazas and offer American, Asian Fusion, and Latin American food styles. The company’s growth strategy is based on a five-year plan to roll out a total of 79 stores in nine States: Florida, Kentucky, Ohio, New Jersey, New Hampshire, North Carolina, Tennessee, Georgia, and Pennsylvania.

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GRILLiT, Inc. (GRLT) Names 25-Year Marketing Veteran Rob Elliot as Chairman of the Board

June 12, 2013

GRILLiT, operator of two healthy fast-casual restaurants in Florida, has elected Rob Elliott to serve as chairman of the company’s board of directors, where he will contribute his 25 years of experience in restaurant franchise system development, marketing, branding, and operations to help BRLT execute its expansion plans.

Elliott previously served in senior executive or consulting roles for the several companies including vice president of marketing for Little Caesars Pizza; executive vice president of marketing for Quiznos; vice president of marketing for Papa Murphy’s Pizza; and most recently as vice president of strategic marketing for Hungry Howies Pizza. He is the owner and president of Elliott Adworks, a full-service advertising agency, which he founded in 2004.

As an experienced senior marketing executive, Elliot has been recognized for the development of several successful brands through the deployment of aggressive business strategies, focused creative materials, and solid media planning.

“I am pleased to be a part of this growing company,” Elliott stated in the press release. “I have been a part of several large success stories in the restaurant chain sector, and to get the chance to step in at this initial stage of GRILLiT is a great opportunity for me. I believe the company has a fantastic concept, approach, and team with the potential to develop into a significant player in this industry.”

For more information, visit www.grillitinc.com

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GRILLiT, Inc. (GRLT) Strategic Marketing Campaign Targets Health Conscious Consumers in Support of Overarching Plan

June 11, 2013

GRILLiT, operator of fast-casual, healthy restaurants in Florida, is building its marketing campaign centered on the benefits of its healthy foods options as part of a healthy living lifestyle. Recognizing the high value that health-conscious consumers place on making healthy food choices, the company will center its marketing initiatives on this particular segment of the population.

“As part of our growth strategy, we have recognized that much of the appeal of our brand recognition is that the majority of our food menu choices are attractive to health-conscious consumers,” GRILLiT CEO Raymond Dias stated in the press release. “Therefore, we are committed to making this a focal point of our upcoming marketing efforts. We are in the process of filling out our senior management, and plan to bring industry leaders in to key positions – including those with significant fast casual restaurant marketing experience.”

Since the announcement of its merger with Green Equity Holdings last April, GRILLiT in May 2013 opened its second restaurant location in Pembroke Pines, Fla., and reports that it is in the final stages of securing its senior personnel.

The company’s stated growth strategy is based on a five-year plan to roll out a total of 79 franchised and/or corporate-owned stores in nine States: Florida, Kentucky, Ohio, New Jersey, New Hampshire, North Carolina, Tennessee, Georgia, and Pennsylvania.

For more information, visit www.grillitinc.com

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