Friday, October 23, 2015

The Grilled Cheese Truck Inc. (GRLD) to Expand Popular Gourmet Portfolio with Potential Acquisition of The Lobos Truck

A leader in the gourmet food truck industry, The Grilled Cheese Truck Inc. has recently announced its Letter of Intent to acquire Sea Wolf Group LLC, which does business as The Lobos Truck. A perfect addition to The Grilled Cheese Truck celebrated brand, The Lobos Truck offers traditional food with a twist that keeps customers coming back for more.

The goal for both companies is to see their trucks side by side at stadiums, festivals, universities, concerts, and more. Large events like Coachella and Stagecoach would be an optimal space to engage customers. People would have their choice of a deliciously cheesy original creation by The Grilled Cheese Truck or go next door for some classic American comfort-food by The Lobos Truck.

The Grilled Cheese Truck Inc. intends to expand its brand by purchasing well-established food trucks and restaurants that will help further its objective of being the largest gourmet truck operator in the industry. So far, the company has announced its acquirement of the Master Franchise Rights to The Original SoupMan brand along with Letters of Intent to buy franchise-owned Ruby’s Diners.

Robert Lee, the Executive Chairman of the Company stated, “Upon the closing of the acquisition of The Lobos Truck, along with the recently announced Ruby’s Diner acquisitions and Master Franchise agreement with the Original SoupMan, the Company has the potential to materially increase the Company’s revenue and profitability.”

Operating in Los Angeles, Tacoma and Phoenix, The Grilled Cheese Truck Inc. has an entrepreneurial spirit with an aggressive plan to expand its portfolio for a higher revenue stream. It aims to have a variety of food trucks on both the west and east coast in order to reach even more customers. Obtaining The Lobos Truck brand will greatly solidify its authority in the food truck industry.

For more information on The Grilled Cheese Truck Inc., please visit http://www.thegrilledcheesetruck.com

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