TL;DR
BURRITObar has announced two agreements in Texas, including a Master Franchise Agreement for North Texas and an Area Development Agreement in Houston. The agreements will lead to the opening of new BURRITObar locations in the state.
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July 17, 2023 // Franchising.com // TORONTO ON - BURRITObar, USA Inc. has announced two agreements in the state of Texas. The company has secured a Master Franchise Agreement for North Texas. Furthermore, BURRITObar has also signed a separate Area Development Agreement with another group in Houston, Texas, that will be opening three stores in the coming years.
BURRITObar, the sister brand of barBURRITO, has announced the signing of two agreements to expand its brand in Texas.
Under the North Texas agreement, D BURRITO, LLC will establish a flagship location that will serve as a corporate showcase for the brand and function as a training facility. Additionally, the agreement grants D BURRITO, LLC exclusive rights to manage and develop all BURRITObar locations within the designated territory.
In addition, the Houston agreement grants exclusive development rights to a separate Area Developer for a total of three BURRITObar locations in the designated territory. The agreement stipulates that the developer must begin with a flagship location that serves as a showcase for the brand.
“The signing of these agreements represent a milestone in BURRITOBar’s growth strategy,” said Jeff Young, Chief Development Officer.
SOURCE BURRITObar, USA Inc.
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This story was originally published in Franchising.com on July 17, 2023. Burnaze summarizes and links to the original reporting.
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