SPoT Announces Multi-Franchise Alliance with Tops Supermarkets

TORONTO, July 18, 2019 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("Spot" or the "Company") is pleased to announce that last week it has signed another franchise agreement with Tops Friendly Markets LLC ("Tops") to develop a second Spot Express in Tops Supermarket #239, located at 1740 Sheridan Drive, Buffalo, New York. The Company previously announced on June 28, 2019 that it had signed a franchise agreement with Tops to develop a first Spot Express in the newly renovated Tops Supermarket located at 3980 Maple Rd., Amherst, New York. The first Spot Express, which is already under development by Tops, will be replacing Tim Hortons.

"We are very proud to be chosen by Tops to be part of their multi-million dollar in-store upgrades and improvement program which includes extensive interior remodels and updated exterior facades, landscaping and parking lots," said Dan Hensley, chief operating officer of the Company. "We are equally excited with this tremendous opportunity of developing a multi-franchise strategic alliance with Tops knowing very well that we are both equally and ardently committed to provide our customers the highest quality services and enduring experiences in our related industries of shopping and hospitality," added Mr. Hensley.  

Spot is eager to broaden its multi-franchise alliance with Tops and contribute to their common objective of continuing to improve their customer services in order to attain the highest levels of customer satisfaction. The Company will keep its customers, shareholders, and stakeholders informed of further developments of its multi-franchise program with Tops.

About SPoT Coffee

Spot Coffee designs, builds, operates and franchises community-oriented cafés and Express cafés in the northeastern United States. Spot's community cafés provide its customers with the highest quality service, signature made-to-order meals and award-winning micro-roasted coffee. Each Spot café is distinctively designed to suit its local neighbourhood, creating a warm and friendly gathering place for the community. Spot's commercial business focuses on the sale of roasted coffee beans to food service and grocery chains, business offices, and resellers such as universities and hospitals.

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Forward Looking Statements

Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking statements. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.

SOURCE Spot Coffee (Canada) Ltd.

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