Los
Angeles, CA – June 2015 / Newsmaker Alert / Recognized as a 2015 “Break
Out Brand” by Nation’s Restaurant News earlier this year, and recognized
as #7 of the “Future 50: The Fastest Growing Small Chains in America” in
Restaurant
Business Magazine this month, Rock & Brews, co-founded by Gene
Simmons and Paul Stanley of KISS, is tapping the franchise community to
support its “world tour” expansion plans.
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Rock
& Brews CEO Mike Reynolds (a 30-year restaurant industry/franchising
veteran) announced that the company will experience a more than 45 percent
growth by year end, and double its revenue by mid-2016. The brand has secured
four new multi-unit franchisee partners to develop large territories in
the United States, and letters of intent have been signed with partners
for expansion into Canada and Australia. By the end of the year, Rock &
Brews will grow from 11 highly successful locations in the United States
and Mexico to 16, with several others in various stages of development.
“We
have built a solid foundation for our continued growth and with our existing
multi-unit franchise partners and others who have the credentials and experience
necessary, we are poised for rapid expansion into new areas in the United
States and beyond,” said Reynolds. “We attribute our success to the uniqueness
of our family-friendly and dog friendly concept that has the ability to
adapt to nearly any location.”
Rock
& Brews has three distinct design concepts to date – free standing
restaurants, airport restaurants and a stadium/arena concept.
The
company has established a new world headquarters in Manhattan Beach, Calif.
and, has numerous commitments for both debt and equity financing. With
this growth capital there are plans for more company owned stores in addition
to franchise opportunities.
By
most standards, Rock & Brews would be considered a toddler in the restaurant
world, having opened its first restaurant just three years ago. However,
the brand’s unique, family-friendly dining, tremendous craft beer selection,
hand crafted American food offerings and entertainment formula has attracted
a significant amount of industry attention, beginning with snatching the
cover of Franchise Times in May 2012. In addition to recent nods from Nation’s
Restaurant News and Restaurant Business Magazines, Rock & Brews is
standing out at major industry shows. Simmons served as the Keynote speaker
at the Restaurant Finance & Development Conference in Las Vegas in
2014, and this September, he will serve as the keynote speaker at the MUSFO
(Multi-Unit Foodservice Operators) conference in September in Dallas.
About
Rock & Brews
Rock
& Brews is a one-of-a-kind, rock-inspired restaurant and entertainment
concept designed to engage people of all ages with quality comfort food
and local favorites, a broad selection of craft and international beers,
and an energized environment that is reminiscent of being at a family-friendly
music event. Founded by rock icons Gene Simmons and Paul Stanley of KISS,
along with partners, restaurateur Michael Zislis and concert industry veterans
Dave and Dell Furano, the first Rock & Brews opened near LAX in the
beach community of El Segundo, California in April of 2012. Each location
boasts a backstage environment showcasing a “Great Wall of Rock,” iconic
rock art, concert trusses and lighting and multiple flat screens sharing
some of the greatest rock concert moments of all time. Most offer a play
area for kids and many are dog friendly. For more information, please visit
www.rockandbrews.com.
Media
Contact:
Terry
Wills
Wills
Communications, Inc.
310-376-6600 |