The Canadian Business Journal has signed an agreement with its existing multi-unit Freshii franchisee to develop six additional restaurants in New Jersey.

TORONTO, Nov. 09, 2022 (GLOBE NEWSWIRE) — Omnichannel health and wellness brand Freshii Inc. (TSX: FRII) (“Freshii”, “Company” or “We”) today announced a new Multichannel announced that it has entered – Unit deal with brothers Greg Lahr and Ryan Lahr for his plans to develop six new restaurants in New Jersey, USA over the next five years. The deal sees the brothers’ Freshy restaurants, which are both open and have agreed to develop, including a flagship restaurant opening in Newark, N.J., across from the Prudential Center, due to open this winter. becomes 8.

“We are very excited to expand our presence in New Jersey. We see an opportunity,” said Adam Corrin, Chief Growth Officer at Freshii. “Greg and Ryan are proven operators and enthusiastic franchisees of Freshii. With their deep knowledge of the Freshii system and the New Jersey market, we are confident in their ability to undertake this multi-unit business. , I’m excited to take this next step with both of them.” Colin added.

“We opened our first Freshii restaurant in 2019 and since then we have seen brands grow their omnichannel presence while continuing to offer better QSR products to their customers. Freshii Team We are confident that our relationship with will allow us to do more together as we take these steps to further build the New Jersey market,” said Greg Lahr. “Freshii’s support for our franchise system has been critical to our business, including the challenges of the pandemic over the past few years. We are confident that we will be able to meet the needs of our customers and will continue to do so as we expand,” added Ryan Lahr.

About Freshy

eat. energize. That is the mantra of Freshii. Freshii is an omnichannel health and wellness brand with a mission to enable citizens around the world to live better lives by making healthy eating and overall wellness convenient and affordable. is.

Offering a diverse and fully customizable menu of breakfasts, soups, salads, wraps, bowls, burritos, frozen yogurt, juices and smoothies in an eco-friendly environment, Freshii’s restaurant business caters for all tastes and dietary preferences. I’m here.

Freshii’s CPG products add more touchpoints between Freshii and customers. This is similar to the company’s numerous interest in health and wellness e-commerce retailer Natura Market.

Since its founding in 2005, Freshii has grown to 331 franchised restaurants across North America, expanded its CPG lineup to hundreds of major retail distribution hubs, and added Natura Market to its line of business. . The company’s growing distribution and product set allows Freshii guests to energize with Freshii products anywhere, from international cities and fitness clubs to sports arenas and airplanes, directly from major retailers and at home. I can.

Contact us to learn how to join the Freshii family. https://www.freshii.com/ca/en-ca/franchise
Learn more about our investment in Freshii here. http://www.freshii.inc
Find a Freshii near you: http://www.freshii.com/
Follow Freshii on Twitter and Instagram. @fresh

Forward-Looking Information

Certain information in this news release contains forward-looking information and forward-looking statements under applicable securities laws. In particular, statements that reflect management’s current views regarding the company’s objectives, plans, objectives, strategies, prospects, results of operations, financial and operating results, prospects and opportunities. This includes statements about the company’s presence and store expansion. telecommunications networks; anticipated new store openings; The location and timing of the planned flagship store opening in Newark, New Jersey. The number, locations and timing of new stores under a new multi-unit contract for the development of planned new restaurant locations in New Jersey. Growth and development of the New Jersey market and customer base. The ability of the operator to undertake a multi-unit business. Growing our omnichannel presence and continuing to better serve our customers. Our evolving support for franchise systems, including evolving technology. Expectations that partners will continue to meet the needs of their customers constitute forward-looking information. Often, but not always, “may”, “will”, “predict”, “intend”, “estimate”, “expect”, “plan”, “believe” , “Lead” and “Continue” are used. The words “planned”, “designed”, “likely” and similar expressions identify forward-looking information and forward-looking statements. Forward-looking information and forward-looking statements are not guarantees of future events, performance or results. Nor does it necessarily indicate precisely whether or when such events, performance or results will be achieved. All information in this news release that contains forward-looking information or forward-looking statements is qualified by these cautionary statements. Forward-looking information and forward-looking statements consist of information available to management at the time they were made, underlying estimates, opinions and assumptions made by management, and future strategies, prospects and events. , based on management’s current beliefs regarding performance and results.

Forward-looking information is generally forward-looking, including, among other things, that such estimates, opinions and assumptions may not be accurate, especially given the dynamic nature and events and circumstances of the COVID-19 pandemic. are subject to inherent risks and uncertainties surrounding our expectations. generally arising from or related to the pandemic, changes in markets and competition, governmental or regulatory developments, and changes in overall economic conditions; Such risks and uncertainties are included in the “Risk Factors” section of the Company’s Annual Information Form dated March 28, 2022, the Company’s Annual Management Discussion and Analysis dated August 10, 2022, and Company’s other filings available on SEDAR at www.sedar.com. We have attempted to identify important factors that could cause our actual results to differ materially from those contained in the forward-looking information, but we do not believe that they could cause results to differ from those anticipated, estimated or intended. There may be other factors that

Readers are urged to consider these risks, uncertainties and assumptions carefully when evaluating forward-looking information and forward-looking statements. There can be no assurance that such information will prove to be accurate, as actual results or future events could differ materially from those projected by such information. Accordingly, readers should not place undue reliance on forward-looking information. We do not undertake to update such forward-looking information or forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.

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Source: Freshy Co., Ltd.

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