0 Comments
NEW YORK, NY — Frozen dessert concept Tasti D-Lite has inked an area development deal for the New York Metro market, the company has announced. The agreement includes the addition of 35 franchised locations in New York, New Jersey and Connecticut over the next 10 years.
 
Spearheading the expansion is area developer MM Ventures LLC, a development firm comprised of financial professional Robert Gatti, Wealth Depot founder and CPA Daniel Gordon and former attorney, investment banker and current Tasti D-Lite franchisee Lindsay Held. The trio has purchased the development rights to Manhattan, New York's Westchester and Nassau counties, New Jersey's Bergen, Essex and Passaic counties, and Connecticut's Fairfield County.
 
MM Ventures will be seeking qualified franchisees to participate in the expansion of the Tasti D-Lite concept as well as offering their support to the existing franchisees throughout their territory to grow operations. Franchisee Abdul Rashid is opening his fifth Tasti D-Lite center in New York City this spring.
 
Tasti D-Lite's growth strategy includes a combination of single and multiunit franchises, area developers and international master franchisees. MM Ventures is the company's third area developer within the U.S.; the other two area developers are located in the South Texas markets of Houston, San Antonio and Austin, and the Nashville/Middle Tennessee area.
 
Since the launch of its franchise program in 2008, Tasti-D-Lite has grown to 50 locations and has secured commitments to open more than 200 stores in the coming years. In 2009, Tasti D-Lite plans to open domestic locations in Tennessee, Texas, Connecticut, California, Arizona and Florida as well as New York and New Jersey. Internationally, the company intends to build on its presence in South Korea with growth targeted in Latin America, the Middle East and Western Europe.

Related Content

Reader Comments

Add a Comment

We welcome your thoughtful comments. All comments will display your real name.

Want to participate in the discussion?

Or log in for complete access.

  • Clear
  • Post
Be the first to post a comment for this story.
Products & Services

Hardware

http://global.networldalliance.com/new/images/products/4553.png

4553/Hardware

VGS MagaFrame™ - Instant, Updateable Signs

http://global.networldalliance.com/new/images/products/MF_NYB_Door2_RGB_100.jpg

3674/VGS-MagaFrame-Instant-Updateable-Signs

Restaurant Décor

http://global.networldalliance.com/new/images/products/1463.png

1463/Restaurant-D-cor

Business Intelligence Analytics

http://global.networldalliance.com/new/images/products/4404.png

4404/Business-Intelligence-Analytics

VGS Ovations™ - Modular Pole Displays

http://global.networldalliance.com/new/images/products/Grilw_frostpole_100.jpg

3673/VGS-Ovations-Modular-Pole-Displays

RoninCast® Software

http://global.networldalliance.com/new/images/products/4754.png

4754/RoninCast-Software

Reporting and Management Services

http://global.networldalliance.com/new/images/products/4495.png

4495/Reporting-and-Management-Services

Mexican Style Meats and Taco Filling | Burke Corporation

http://global.networldalliance.com/new/images/products/MexicanMeatsFillingsThumbNail.gif

1245/Mexican-Style-Meats-and-Taco-Filling-Burke-Corporation

Mobile Applications and Online Ordering

http://global.networldalliance.com/new/images/products/5017.png

5017/Mobile-Applications-and-Online-Ordering

Structured Food Cost Reduction Consulting

http://global.networldalliance.com/new/images/products/4398.png

4398/Structured-Food-Cost-Reduction-Consulting

Fast Casual Executive Summit
Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.
Infographic: Top 12 Benefits of Digital Menu Boards