February 25, 2015 $SAMP USA Restaurant Funding Inc. (OTC)
Pho House Far North Dallas Continues to Encounter Strong Growth and Traffic
Dallas, TX / ACCESSWIRE / February 24, 2015 / USA Restaurant Funding, Inc. (SAMP), is pleased to announce that it has signed term sheets to for two new Pho House restaurant locations in the Dallas Fort Worth metroplex. Specific locations, terms, and updates are expected to be released next week. Management at USA Restaurant Funding believes there is significant demand to support many more locations due in part to the continuing success seen at its original Pho House restaurant.
Pho House Far North Dallas is exceeding expectations due to special events and increased traffic. The restaurant recently hosted numerous functions including several charity events for organizations such as The Tom Joyner Foundation and The American Heart Association. Dede McGuire, host of the #1 morning show in Dallas, also chose Pho House to host her birthday party and guests included radio personalities as well as local celebrities and athletes.
Additionally, Pho House Far North Dallas has doubled its lunch and dinner traffic over the past month and is expected to continue to grow. The Company continues to build its Pho House Dallas brand and expand its popularity though positive customer experiences and launch of its social media campaign. Success of this restaurant has made the decision to open more locations easy.
About USA Restaurant Funding, Inc.
USA Restaurant Funding based in Dallas, Texas is focused on acquiring and funding restaurants that it believes have a proven recipe for success. Its current focus is on Vietnamese pho cuisine. The Company has plans to add more locations coming soon. More information can be found atwww.usarestaurantfundinginc.com.
Forward-Looking Statements
This press release may contain forward-looking statements. The words "believe," "expect," "should," "intend," "estimate," "projects," variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company's filings, which are on file at www.OTCMarkets.com.
For more information or media inquiries, please contact us at usarestaurantfundinginc.com.
Media Contact:
Tommy Hoang
CEO
Email:Info@usarestaurantfundinginc.com
SOURCE: USA Restaurant Funding, Inc.
Tommy Hoang
CEO
Email:Info@usarestaurantfundinginc.com
SOURCE: USA Restaurant Funding, Inc.
SAMP: USA Restaurant Funding Inc.
Feb 24, 2015 11:39 PM | about stocks: SAMPFebruary 24th 2015 - USA Restaurant Funding Inc. (OTC: SAMP) - announced today the signing of term sheets for another two new Pho House locations in the Dallas Ft. Worth Metroplex AND continued strong growth at their 18020 Dallas Pkwy, Dallas, TX location. After officially acquiring their first location as announced on November 24, 2014, in just three short months, it looks like they are ready with major expansion plans. Their balance sheet filed February 24th is already reflecting that an explosion in share price may be well at hand.Their quarter over quarter financials reflect a significant increase in assets from just a mere $458 to over $154,000. Their gross income increased from just $3200 to over $107,000 for the quarter. And what makes SAMP attractive, is they have just reduced their authorized share count from 2 billion to just 500 million shares. Also looking at their only note due of $138,000 and taking into consideration the estimated 89 million shares diluted in January and the conversions in February so far, I believe its very safe to say that conversions are on the brink of being finished and soon the share price will push upwards leaving the float somewhere around a mere 260 million. With money coming in and new locations on the table, it looks like all lights are green and SAMP has positioned themselves very well for success and will have profits to invest in future locations.Its obvious the increase in gross income is reflecting the quarterly sales of their Far North location Pho House. And now with two more locations on the table and significant increase in business at their current location, there are estimates of up to $1 million in revenue a year per location. But it does not stop there. According to their goal, they plan on having 9 locations by years end. A simple Google search will pull up positive review after positive review on their restaurant and the OTC website has all their latest news, filings, and company information.Thank you for reading the Due Diligence Opinion Report. Remember, it's just my opinion based on my findings and is in no way intended to be used as an investing tool in making an investment decision!$SAMP Stocks
Pho House Far North Dallas is exceeding expectations due to special events and increased traffic. The restaurant recently hosted numerous functions including several charity events for organizations such as The Tom Joyner Foundation and The American Heart Association. Dede McGuire, host of the #1 morning show in Dallas, also chose Pho House to host her birthday party and guests included radio personalities as well as local celebrities and athletes.
ReplyDeleteAdditionally, Pho House Far North Dallas has doubled its lunch and dinner traffic over the past month and is expected to continue to grow. The Company continues to build its Pho House Dallas brand and expand its popularity though positive customer experiences and launch of its social media campaign. Success of this restaurant has made the decision to open more locations easy.