Starfleet Innotech Inc SFIO

Smokefree Innotec, Inc. (SFIO) Announces Strategic Plans

[AveragePenny]

In growing Epiphany Cafe, back in 2017, we embarked on a series of partnerships and acquisitions both to improve operational efficiencies and unlock new revenue streams. It’s an ongoing journey that’s formed the bedrock of our hyper-growth strategy:

• Acquisition: Identifying the gaps in Epiphany Cafe’s operations, the team brought two new firms into the group, Gorgeous Coffee and Ardent Bakers. More companies would later join the lineup as new gaps emerged across Epiphany’s evolving business model.
• Collaboration: Gorgeous Coffee, led by an award-winning master roaster, developed Epiphany Cafe’s signature coffee blend, quickly becoming a customer favorite. Meanwhile, Ardent Bakers supplied the growing cafe franchise’s donuts and pastries. As demand for these pillow-soft donuts skyrocketed, another acquisition, Big Lou’s Donuts, took on wholesale production, supporting Epiphany’s future entry into the Australian market.
• Transformation: To support inventory management operations across Epiphany’s franchises, Ardent Bakers developed SMART FREEZE technology, a proprietary method of preparing donuts while maintaining quality over six months of being frozen. Gorgeous Coffee later developed their own innovation, a line of instant coffees boasting barley, Manuka honey, and other healthful extracts.
• Expansion: Now present across New Zealand, Australia, and soon Southeast Asia, Epiphany Cafe’s growth is supported by our global network of companies and partners. AG Architects, another fully-owned subsidiary, handles the design and development of new sites, while our international hubs serve as launchpads for the franchise business to enter new markets worldwide. We intend to establish the Epiphany Cafe franchise system, support centers, and centralized commissaries in new global markets as early as next year.

https://www.globenewswire.com/news-release/2021/12/09/2349354/0/en/Smokefree-Innotec-Inc-SFIO-Announces-Strategic-Plans-to-Uplist-to-NASDAQ-by-2024.html