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Microcap & Penny Stocks : Restaurant Teams International, Inc.-RTIN -- Ignore unavailable to you. Want to Upgrade?


To: Lee Walsh who wrote (9)6/11/1998 12:42:00 PM
From: Jack of All Trades  Read Replies (1) | Respond to of 3351
 
Thursday June 11, 12:17 pm Eastern Time

Company Press Release

SOURCE: Fresh'n Lite, Inc.

Fresh'n Lite, Inc. Announces Record Opening and Expansion Plans

LONGVIEW, Texas, June 11 /PRNewswire/ -- Fresh'n Lite, Inc. (OTC Bulletin Board: FLTT - news) reported today that the
Company's first Street Talk Cafe restaurant located in Richardson, Texas set new opening sales records for the first 4 weeks of
operation ending June 5, 1998. The Richardson Street Talk Cafe unit opened to the public on May 9, 1998.

Fresh'n Lite, Inc. President and Chief Operating Officer Henry Leonard, commented, ''The initial performance of this unit is
encouraging. We are excited to see the acceptance of our new concept. Return patronage is high indicating the demand for a
healthy casual concept is largely a function of availability.''

Street Talk Cafe in Richardson is a 4,700 square foot, 170-seat restaurant and dining adventure. The design elements of Street
Talk Cafe convey the ''street'' and ''outdoor'' atmosphere associated with the name and utilize distinct concept elements to
provide guests with a superior ''total dining'' experience. Guests walk into the restaurant on brick streets and wait to be seated
in a Trolley Car area complete with authentic benches.

Guests dine in a variety of rooms that reflect the type of shops, stores and surroundings normally associated with a ''street
experience.'' This makes dining at Street Talk Cafe a true event and helps the concept deliver greater value by offering an
interesting and entertaining environment.

The restaurant features an assortment of casual dining menu items for the entire family including pastas, pizzas, salads, signature
sandwiches and delectable desserts. The Street Talk Cafe menu offers selections from all dining segments in low-fat,
low-calorie, yet good tasting versions.

The Company also announced that the Fresh'n Lite Cafe & Grill restaurant located at Frankford and Preston Road in Dallas is
being converted to the Street Talk Cafe concept and should re-open in mid-July, 1998.

In addition, the Company reports that it has signed ''Letters of Intent'' on 4 new projects to be developed in the Dallas/Ft.
Worth metroplex in 1998 and early 1999.

Mr. Leonard further commented, ''We are committed to executing our expansion plans flawlessly while also running the
existing business. We are very pleased with Fresh'n Lite, Inc.'s continued growth and increased profitability. Our results in the
first quarter demonstrate we are receiving the benefits of the Strategic Business Plan we implemented during the latter part of
1997. Our successful launch of the Street Talk Cafe concept is an essential component in our overall business strategy.
Combined with the divestiture of our East Texas restaurants and our recent funding activities, our goal of becoming the industry
leaders in the healthy casual dining niche is taking shape in 1998.''

Fresh'n Lite, Inc. is the developer and operator of the Fresh'n Lite Cafe & Grill and Street Talk Cafe concepts, full service
casual dining concepts featuring over 100 choices of low-fat and non-fat items without compromising taste, service, or
atmosphere.

This press release contains forward looking statements, which are generally preceded by words such as ''believes'', ''expects'',
''anticipates'', or ''intends''. Such statements are subject to risks and uncertainties, including but not limited to competitive
conditions, weather, real estate zoning and permitting complications and general conditions in the restaurant market.

For further information contact: Curtis A. Swanson, Chief Financial Officer at 800-259-2675.

SOURCE: Fresh'n Lite, Inc.

More Quotes and News:
Fresh n Lite Inc (OTC BB:FLTT - news)
Related News Categories: restraunt




To: Lee Walsh who wrote (9)6/22/1998 9:19:00 PM
From: Tod C  Read Replies (3) | Respond to of 3351
 
Since the Street Talk Cafe is about 3 miles from where I work, I stopped by to check it out. I went in the afternoon after the
lunch crowd, so it wasn't extremely busy. First impressions were good.

First of all they are located 100 yards south of a very busy intersection at the south end of the "Telecom Corridor" in Richardson.
I consider this an excellent location.

I was met at the door by the hostess, who was cleaning the glass on the doors. The manager wasn't there so I just talked with her. The cafe is setup with different themes for each group of tables. There are street signs indicating what theme you are in. There was a sports bar room, general store, antique mall, wallstreet, outdoor cafe (complete with misters to keep you cool in the summer and heaters to keep you warm in the winter), and a few more I can't remember. Several of the rooms have televisions. For instance, the wallstreet room had richly textured tables and chairs, with a television and newsstand complete with financial magazines and newspapers. Each room or section is decorated according to its theme. And there is lots of greenery around.

They have a max capacity of 185 people. They also have a takeout window for walk-in orders or call-in pickup orders. During lunch they are very busy, but the wait time typically doesn't get more than 10 minutes. They do about equal business lunch versus dinner. Dinner has longer hours, so I would surmise that lunch is more packed than the dinner crowd. They get lots of repeat customers during lunch and dinner.

The menu is just plain AWESOME. Color coded according to food category. Almost like garanimal ordering, but definitely in a well-laid out professional menu. And the menu is loaded. The average meal for lunch or dinner is around $7.50 per person. I did not have time to eat, though looked at a few plates as I walked by. Thumbs up.

Business was incredible during the first month, slowed down just a little for the first week of June probably due to vacations, and has picked right back up.

Everyone was friendly. Most of the servers were younger, the hostess was mid-thirties and very respectable and friendly.

All in all, a respectable restaurant with a neat twist due to the theme rooms. Reasonable prices, great location, and good food (from what I hear) will keep the clientele coming back for more.

If you have anything specific that you would like me to check on or ask, feel free to post or PM. I'll see what I can do.

Good luck to all,
Tod