Odd Burger Launches U.S. Franchise Operations, Indicators New Franchise Settlement in Nanaimo BC, and Offers Replace on Canadian Places

LONDON, ON, Oct. 5, 2022 /CNW/ – Odd Burger Company (TSXV: ODD) (OTCQB: ODDAF) (FSE: IA9), one of many world’s first vegan fast-food chains and the primary to go public, at this time introduced that it has launched its franchising operations in america.

Odd Burger has shaped a Delaware company that can function the franchisor of, and that can function, Odd Burger’s U.S. franchise division (“Odd Burger U.S.”).  Odd Burger U.S. has accomplished the preparation of its preliminary Franchise Disclosure Doc and Franchise Settlement to be used in america and intends to start providing and promoting franchises in 25 U.S. States, together with: Alabama, Alaska, Arizona, Arkansas, Colorado, Delaware, District of Columbia, Idaho, Iowa, Kansas, Massachusetts, Mississippi, Missouri, Montana, Nevada, New Hampshire, New Jersey, New Mexico, Ohio, Oklahoma, Oregon, Pennsylvania, Tennessee, Vermont, West Virginia, and Wyoming.

Odd Burger U.S. additionally intends to start the method of submitting its franchise providing with sure further U.S. States the place filings are required to be accomplished previous to any affords or gross sales, together with Florida, Indiana, Kentucky, Michigan, Nebraska, South Dakota, Texas, Utah, and Wisconsin. The method is predicted to be accomplished by the tip of November 2022. 

“We couldn’t be extra excited to provoke our U.S. growth and prolong our model to tens of millions of individuals within the U.S. market,” says James McInnes, Co-Founder and CEO of Odd Burger. “We’ve already obtained a whole bunch of inquiries from potential franchisees within the U.S. and now we’ll start the method of discovering the proper franchise companions to work with.”

Along with searching for particular person franchise companions, Odd Burger U.S. is growing Space Consultant and Space Improvement Applications, and shall be searching for space representatives and space builders for the U.S. market to additional speed up its progress. In Canada, Odd Burger has signed Space Consultant Agreements for British Columbia, Alberta and Ontario, that can see over 76 areas developed for these territories over the subsequent 8 years.

Nanaimo BC Franchise

Odd Burger can also be happy to announce that it has signed a Franchise Settlement for a location in Nanaimo BC, with franchisees Drihant Isamaliya and Kamalpreet Kamalpreet.  The restaurant is predicted to open in 2023 as soon as the franchisees discover a location and full development.  The Nanaimo location marks the 11^th Franchise Settlement signed in Canada. Moreover, Odd Burger at present operates 6 company areas in Ontario.

Canadian Places Replace

The Firm can also be happy to supply a progress abstract of beforehand introduced Canadian areas:

For extra details about beginning a franchise with Odd Burger within the U.S. or in Canada, functions might be submitted on the Firm’s web site: https://oddburger.com/pages/franchise-apply

About Odd Burger Company

Odd Burger Company is a series of company-owned and franchised vegan fast-food eating places in addition to a meals know-how firm that manufactures and distributes a line of plant-based protein and dairy alternate options to foodservice channels underneath the model Preposterous Meals. Odd Burger eating places function as good kitchens, which use state-of-the artwork cooking know-how and automation options to ship a scrumptious meals expertise to prospects craving more healthy and extra sustainable quick meals. With small retailer footprints optimized for supply and takeout, superior cooking know-how, aggressive pricing, a vertically built-in provide chain together with more healthy elements, Odd Burger is revolutionizing the fast-food business by creating guilt-free quick meals. Odd Burger Company is traded on the TSX Enterprise Alternate underneath the image ODD, on the OTCQB underneath ODDAF, and the Frankfurt Inventory Alternate underneath IA9. For extra data go to https://www.oddburger.com.

Warning Concerning Ahead-Wanting Info

This press launch comprises forward-looking statements that contain various dangers and uncertainties, together with statements that relate to amongst different issues, the Firm’s methods, intentions, plans, beliefs, expectations and estimates, and may usually be recognized by way of phrases reminiscent of “could”, “will”, “might”, “ought to”, “would”, “seemingly”, “anticipate”, “intend”, “estimate”, “anticipate”, “imagine”, “plan”, “goal” and “proceed” and phrases and expressions of comparable import. Ahead wanting data contained or referred to on this information launch contains statements relating however not restricted to:, the impression of the event settlement within the areas mentioned; the anticipated future growth of Odd Burger areas and the variety of franchises and the advantages the Firm expects to derive therefrom; in addition to the variety of shops to be opened and the Canada and Franchises in america mentioned herein. Though the Firm believes that the expectations mirrored in such forward-looking statements are affordable, such statements contain dangers and uncertainties, and undue reliance shouldn’t be positioned on such statements. Sure materials components or assumptions are utilized in making forward-looking statements, and precise outcomes could differ materially from these expressed or implied in such statements. Vital components that might trigger precise outcomes to vary materially from expectations embody however should not restricted to: financing threat, basic enterprise and financial situations (together with however not restricted to forex charges); modifications in legal guidelines and rules; authorized and regulatory proceedings; and the power to execute strategic plans. The Firm doesn’t undertake any obligation to replace publicly or to revise any of the forward-looking statements contained on this doc, whether or not because of new data, future occasions or in any other case, besides as required by regulation.

Neither the TSX Enterprise Alternate nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the Alternate) accepts accountability for the adequacy or accuracy of this press launch.

SOURCE Odd Burger Company

For additional data: Odd Burger Investor Relations, 800-286-2145, [email protected]