Franchise Capital Corp. Announces Additional Operating Subsidiaries in Investment Portfolio
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PHOENIX-Jan. 26, 2005--Franchise Capital Corporation (OTCBB:FCCN) today announced its initial structure as a Business Development Company, with five initial subsidiaries, each of which the company believes will develop into strong performers in its investment portfolio. The company also announced its intention to identify and target other synergistic companies as potential acquisitions designed to provide even greater value for shareholders and growth in its investment fund. The company currently manages an investment portfolio consisting of five operating subsidiaries: Kokopelli's Mexican Grill Franchise Company, LLC; Cousin Vinnie's Franchise Company, LLC; Kirby Foo's Asian Grill Franchise Company, LLC; Comstock Jake's Franchise Company, LLC; and Fathom Business Systems, Inc. By targeting emerging and undervalued franchise concepts, the company has assembled these five subsidiaries and intends to provide the necessary tools for successful restaurant franchise businesses.
Gemini Financial Communications Source: Franchise Capital Corporation |
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