OTC Stock Review has initiated coverage on UFood Restaurant Group Inc., franchisor and operator of UFood Grill.
UFood Restaurant Group Inc. is led by George Naddaff, founder of Boston Market who has also led the franchising of several companies including Sylvan Learning Center and VR Business Brokers.
OTC Stock has approved the stock because of its track record of management and UFood Restaurant Group's potential for hyper-growth, the company said. UFood Restaurant Group recently announced a more streamlined growth strategy for new franchise development which entails teaming with seasoned multiunit operators to expand the brand into markets such as airports, colleges, hospitals, and travel plazas.
“In our opinion, this puts UFood Restaurant Group into an entirely new perspective since it has signed Area Development Agreements for 56 new UFood Grill outlets with seasoned multi-unit food operators such as The Hudson Group, Congusto, LP, Midfield Concession Enterprises, Puente, Inc., I.L. Creations and Robinson Hill Hospitality Group,” OTC commented.
Click here to view the complete report.
