Le Lézard
Classified in: Business
Subject: CXP

SPoT Advances Multi-Franchise Alliance with Tops in New York State


TORONTO, Oct. 15, 2019 /CNW/ - SPOT COFFEE (CANADA) LTD. (TSX-V: SPP) ("Spot" or the "Company") is pleased to report that it has signed its fourth franchise agreement with Tops Friendly Markets ("Tops"). This fourth SPoT Express with Tops, SPoT East Amherst, will be opening inside Tops store #227 at 9660 Transit Road in East Amherst, New York by early Q1, 2020.

The picturesque suburban hamlet of East Amherst is located roughly 16 miles (26km) northeast of downtown Buffalo, New York. Named as the "most affluent community in Western New York" by Buffalo Business First, the surrounding community boasts a population of over 25,000 who are among some of the top earners in the country by household.

"SPoT is thrilled with the pace of franchise growth through our alliance with Tops," said Dan Hensley, COO of SPoT. "As we open new Express cafés to serve more of Tops' 159 full-service supermarkets, we are enhancing the value of our combined offerings, and that means a lot to our customers and to the communities in which they live and work. We hope to continue announcing new developments with them in the coming days."

For more detailed information on SPoT, including financial information and past press releases and to view our new network television and Hulu advertisements, please visit our TMX Matrix page at www.tmxmatrix.com/company/spp. For franchise information, including a look at our new franchise concept video, please visit our new landing page at www.spotcoffee.com/franchise.

The new SPoT Express Café at Tops Sheridan (CNW Group/Spot Coffee (Canada) Ltd.)

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.

We seek Safe Harbor.

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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