Unique Pizza & Subs Announces Acquisition of Jose Madrid Salsa
PITTSBURGH, PA / ACCESSWIRE / March 3, 2016 / Unique Pizza and Subs Corporation (OTC Pink: UPZS), a Delaware Corporation, is pleased to announce it has acquired the Jose Madrid Salsa Company, a fresh all natural based salsa company that produces and distributes hand crafted batches of award winning salsa since 1976. According to the Acquisition Agreement, Unique Pizza & Subs Corp. has purchased 100% of the outstanding ownership and liabilities as well as all of the intellectual properties, copyrights and trademarks of the Ohio based Jose Madrid Salsa Company. Jose Madrid currently generates revenue through: mail order, direct sales, retail, wholesale, food brokers and fundraisers.
James Vowler, President & CEO of Unique Pizza and Subs Corporation, said, "We made a low key announcement about this acquisition back in October but now we are ready to shout it out! Since acquiring Jose Madrid we have helped build the existing revenue model to $20,000+ a week. We are now ready to expand the Jose Madrid brand into the high profile, high volume national retail & fundraising markets. We are currently working with a large retailer on a custom Hatch Pepper Salsa to be launched in their 36 stores this summer. The Hatch Pepper Salsa will be a custom recipe created exclusively for their 36 current locations and hopefully future expansion into their 1000+ parent companies locations. We are also working on a deal to partner with a rock and roll legend to create a Pineapple Rum Ghost Pepper Salsa. This very Unique custom salsa will combine our Gourmet Salsa with their Decadent Rum creating an exclusive flavor that will be featured and sold at his many restaurants, retail and online. We are finalizing a deal with another large retailer to sell our full line of Salsas and PopsyCakes through their web-site and are negotiating a deal with them to carry our products in their 44 department stores. I expect to announce these and many more great deals, in full detail, plus many licensing agreements very soon!"
Jose Madrid's Founder & President, Michael Zakany, said, "Over the years I have had many opportunities to sell interest in my company, but nobody saw, nor would honor, the vision I had until I met Jim. To build Jose Madrid into a 10 million dollar company I needed someone who fully understands and believes in my vision to grow this company, I found that person in Jim. Since coming on board with Unique Pizza, Jim has inspired us to grow the Jose Madrid brand through all possible revenue streams. I am extremely excited about all of the new opportunities we are currently working on and I am very excited to build the Jose Madrid brand together!"
About Jose Madrid Salsa Company
In 1976, Mike Zakany and his brother started a restaurant in downtown Zanesville, Ohio. After months of planning and building, Zak's Restaurant was a reality. The contemporary casual restaurant was a welcome addition to the small urban center and was quite successful from the family matriarch, helped her sons integrate more authentic Mexican cuisine into the menu and life of the restaurant.
The Zakany family has always had a rich history as entrepreneurs. Mike's paternal grandparents opened a butcher shop and grocery store in Zanesville in 1942. Mike's father, uncle and entire family worked very hard to continue to grow the family business over the years. Zak's Restaurant was a natural extension of the Zakany's involvement and love for the food business. The restaurant quickly developed a strong clientele. Clearly, people liked the "New Mexico" style food, the phenomenal increase in the "to go" food sales and the additional increase in dining room business confirmed their niche in the "New Mexico" style of food on the menu. The demand for salsa was a key part of the complete menu; salsa enhanced the flavors of all the dishes served. It then became time to develop the salsa to meet the demand. Mike started an extensive marketing study that examined all kinds of spices and chili peppers. He read with great interest about the migration patterns of the European Spaniards to Mexico and the influence America's native people had on the newcomer's cuisine.
Mike continued to work on the salsa recipes based on his research and experimentation. The restaurant customers were the critics for the salsa formulas born from Mike's hard work in the kitchen. Eventually, the "favorite" blend of spices, chili peppers and herbs were developed. These recipes came from the direct influence of his maternal grandfathers cooking culture. In 1987, José Madrid Salsa became a reality, named after the family icon and beloved grandfather from Clovis, New Mexico. Mike Zakany's tribute to his grandfather celebrates his childhood memories of the larger than life man.
He could ride a horse and shoot a gun better than anyone else in the unsettled New Mexico Territory of the early 1900's. José was the reason the family rallied together for summer vacations and reunions in Clovis, and the perfect namesake for the unique New Mexico style of salsa. José Madrid Salsa made its first sales in gourmet and grocery stores during the Christmas season of 1988. The legend of José Madrid lives on and continues to grow with a line of 30+ different salsas and more in development.
Visit JoseMadridSalsa.com or follow us on Twitter to learn more about this great company.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward- looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions. There are no financials in this press release so this is not needed and undermines the release.
For Unique Pizza and Subs Corp. Investor Relations
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SOURCE: Unique Pizza and Subs Corporation