Plant&Co Brands (CSE: VEGN) is proceeding with the development of its franchise model for the YamChops brand. The company this morning announced that it has retained iFranchise Group, a consulting firm for franchising, for the launch of the North American expansion plan for YamChops.
The arrangement will see iFranchise assist the company with the development of pricing and support structures for the franchising model being implemented. Having consulted for a number of major firms including Chevron, Ace Hardware, and McDonald’s among others, the consulting agency is highly qualified in terms of experience in the niche.
The YamChops franchise model is set to target entrepreneurs located in major centres where it will offer a turnkey franchise opportunity. Franchised located are to contain small footprints for ease of remodeling, efficient operations, and a low cost structure. The current franchise package is to contain architectural and construction renderings, systems manuals and training programs, proprietary plant-based food products and recipes, as well as a strategic retail sales strategy.
“We need a group who understands the franchise market in Canada and the U.S. and can assist Plant&Co to create the best pricing and support structure for both the Company and entrepreneurs who purchase a YamChops franchise. iFranchise has worked with some of the most successful franchisors in the world, including Ace Hardware, Bridgestone/Firestone, Chem-Dry, [..] and many others. We look forward to executing an aggressive and successful expansion plan throughout both countries with the assistance of iFranchise.”
Shawn Moniz, CEO of Plant&Co
Plant&Co Brands last traded at $0.46 on the CSE.
FULL DISCLOSURE: Plant & Co is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Plant & Co on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.
