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Last Updated: Jan 13, 2012 - 12:17:59 AM |
 Nassau, Bahamas - AML Foods Limited is proud to announce that it has entered into a definitive development agreement with CKE Restaurants, Inc. to bring the Carl’s Jr. franchise to The Bahamas. Under the agreement the Company will develop a number of restaurants over the next five years, the first of which is expected to open later in 2012.
“Carl’s Jr. is a well established west coast favorite providing premium food and customer service for more than 70 years,” says Gavin Watchorn, President and CEO of AML Foods Limited. “Carl’s Jr. offers a premium positioning and best in class products, services and facilities which were very appealing to us. We know the brand will resonate with Bahamians, who are highly enthusiastic QSR consumers. We look forward to working closely with the CKE team to introduce their innovative product line and unique marketing to The Bahamas.”
“The Bahamas is an attractive quick service restaurant market and AML’s strong track record in consumer retailing and the food services industry makes them an ideal partner for us,” said Ned Lyerly, Executive Vice President of Global Franchise Development for CKE Restaurants. “We share their core values of exceeding consumer expectations for quality, value and service and know that the Carl’s Jr. brand will be well received in the Bahamas. Consumers all over the globe have a healthy appetite for our great-tasting premium products.”
Dionisio D’Aguilar, Chairman of AML Foods Limited adds, “We are very excited about our partnership with CKE Restaurants and the great opportunity it provides for both top and bottom line growth for our Company. Our newest venture will bring additional synergies directly to our franchise division as well as to our overall Company as we continue to expand our sales base without corresponding increases in our central costs.”
Carl’s Jr. is celebrating more than 70 years in the quick-service industry. What began as a lone hot dog cart in Los Angeles, California in 1941 is today a wholly owned subsidiary of CKE Restaurants, Inc. of Carpinteria, California. As of the end of Q3 fiscal 2012, CKE, through its subsidiaries, had a total of 3,219 franchised, licensed or company-operated restaurants in 42 states and in 23 countries, including 1,292 Carl’s Jr. restaurants and 1,917 Hardee’s restaurants with annual sales of US $3.4 billion. CKE continues to place a major emphasis on expanding its international presence and now operates more than 419 franchise restaurants outside of the United States.
About AML Foods Limited: AML Foods Limited was incorporated in 1989 in The Bahamas and is listed on the Bahamas International Securities Exchange. The Company and its subsidiaries are primarily engaged in the operations of retail and club stores offering dry and perishable food items and other consumer products, and the operation of a food franchise business. AML Foods Limited Food Distribution includes its retail division - Solomon’s Super Center Nassau, Solomon’s Freeport and Solomon’s Fresh Market – and its club division - Cost Right Nassau and Cost Right Freeport; the Company’s Franchise Division currently consists of eleven Domino’s Pizza locations in Nassau and Freeport. The registered office of the Company is at One Millars Court, off Shirley Street, Nassau, New Providence, Bahamas and the corporate.
© Copyright 2012 by thebahamasweekly.com
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