Tootie Pie Company Acquires Seventh Cafe
SAN ANTONIO, April 18, 2012 /PRNewswire/ -- Tootie Pie Company, Inc. (OTCQB: TOOT) announced that it acquired its seventh Tootie Pie Gourmet Cafe location. It is located in the Village at Allen Shopping Center: 190 Stacy Road; Suite 190, in Allen, a suburb just north of Dallas, TX. With the acquisition of this location, the Company now owns and soon will be operating seven Cafes in San Antonio, Fredericksburg, Austin and Frisco, TX.
"This is a perfect example of the kind of location we are looking for: operating or recently operating," said Don Merrill, President & CEO. "Allen comes almost completely turn-key; with all the furniture, fixtures and equipment we need. It should only take us about 30 days to open."
"We are actively seeking more locations in upscale communities, especially in the greater Houston and Dallas/Ft. Worth areas," added Merrill. "Of our seven current locations, Frisco, Arbor Walk (Austin), Fredericksburg and our original location in San Antonio, came to us as operating or recently operating businesses."
The Village at Allen is a 181-acre mixed-use development at the southeast corner of Stacy Road and US 75, with over 3 million square feet of mixed-use development.
Real estate professionals who may have locations for the Company to consider should contact: Harry Leeper @ email@example.com.
About Tootie Pie Co.
Tootie Pie Company bakes and sells high-quality, handmade pies through three basic sales channels: retail, corporate and wholesale. The retail segment serves individual customers through sales in its Tootie Pie Gourmet Cafes, in-store sales, orders via telephone and internet on the Company's website. The corporate segment serves businesses that purchase pies as a way to promote their company through client and employee appreciation programs. The wholesale segment is made up of national and regional broad line grocery and foodservice distributors who purchase pies and then resell them through their respective sales distribution channels. Tootie Pie Company is a public company traded on the OTCQB market under the symbol "TOOT." For additional information or to receive correspondence from Tootie Pie Company, please visit www.tootiepieco.com.
This press release may contain forward-looking statements. The words "believe," "expect," "should," "intend," "estimate," and "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 with the U.S. Securities and Exchange Commission (SEC).
129 Industrial Drive
Boerne, TX 78006
SOURCE Tootie Pie Company, Inc.
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