TORONTO, ONTARIO -- (Marketwired) -- 06/06/13 -- Liquid Nutrition Group Inc. ("Liquid Nutrition" or "Company") (TSX VENTURE: LQD)(TSX VENTURE: LQD.WT), a rapidly growing, hybrid retailer of functional beverages, fresh pressed juices, smoothies, vitamins and supplements, today announced that it will open its first U.S. store at 1616 Washington Avenue in Miami Beach, Fla. The South Beach location, which is scheduled to open in third quarter of this year, will serve as Liquid Nutrition's first market development in the U.S. unit with additional outlets opening in in New York, N.Y. and Beverly Hills, Calif. as part of a 70-unit sales target in 2013.
Managed by 420 Lincoln Road Associates Ltd., Liquid Nutrition's new retail space consists of a ground floor and mezzanine level. Liquid Nutrition has plans to make significant improvements to the location, but will maintain the existing storefront of the historic Art Deco landmark. In addition to acting as a retail location, 1616 Washington Avenue will also serve as a regional support center to help grow Liquid Nutrition in the U.S.
"We look forward to introducing the U.S. market to Liquid Nutrition with the opening of our Miami flagship location and helping health-focused people improve their physical, mental, and emotional well-being," said Greg Chamandy, Executive Chairman. "The close proximity to the beach and its position in a high foot traffic area, only half a block from Miami's legendary Lincoln Road, makes this the perfect location to establish the brand in the country and support our franchise sales efforts."
Liquid Nutrition is on a mission to enlighten and educate communities that eating and living healthy is fun, easy, quick and delicious. To help meet this goal at its Miami location, Liquid Nutrition plans to hire five full-time and five part-time partners, who will be trained on healthy lifestyle principles, sharing this knowledge with consumers and empowering them to make positive choices.
The company has experienced rapid growth and tremendous success in Canada due to the foundation it provides all franchisees, supplying comprehensive research and development, marketing, branding, sourcing and training support. Liquid Nutrition franchisees also have the added support provided by Team Liquid, the company's network of health, fitness and active lifestyle brand ambassadors and equity partners, including Steve Nash of the Los Angeles Lakers and Matt Ryan of the Atlanta Falcons. Liquid Nutrition franchise opportunities are available throughout the U.S., under the direction of Chamandy and seasoned industry veteran Kris Simonich, vice president of franchise development.
About Liquid Nutrition Group Inc.
Liquid Nutrition Group Inc. (LNGI) (TSX VENTURE: LQD)(TSX VENTURE: LQD.WT) is a rapidly growing, hybrid retailer of functional beverages, fresh pressed juices, vitamins and supplements. Liquid Nutrition is committed to building a global brand in the health and wellness industry by bringing its healthy and delicious product offering to communities around the world. Through its wholly-owned subsidiary, Liquid Nutrition Franchising Corporation, LNGI has signed franchise agreements for more than 80 stores across Canada, as well as license agreement in the Caribbean and the Middle East. For store locations, business opportunities or more information visit www.liquidnutrition.com. Please join Liquid Nutrition on Facebook and follow on Twitter @liquidnutrition.
About Team Liquid
Comprised of pro-athletes and experts in the world of sports, fitness and nutrition, members of Team Liquid were selected based on their personal and professional dedication to healthy active living. Members of the Team Liquid include: Steve Nash, Matt Ryan, Suzann Pettersen, Russell Martin, Vincent Lecavalier, Torah Bright, Elaine Hastings, RD, LD/N, CSSD, Nutritionist, Trish Stratus, seven-time WWE World Champion and Yoga and Fitness icon, and Arlene Dickinson from CBC's Dragon's Den. To see what the Team Liquid has to say about Liquid Nutrition, please visit: www.youtube.com/watch?v=da785AGWQqk.
To receive Company news via email, contact Erica@chfir.com and mention "Liquid Nutrition news" in the subject line.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed this release and neither accepts responsibility for the adequacy or accuracy of this release.
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U.S. Media Contact:
Canadian Media Contact:
Investor Relations Contact:
Evan Brown, CFO
Liquid Nutrition Group Inc.
Investor Relations Contact:
Jeanny So, Director of Operations
CHF Investor Relations
(416) 868-1079 x 225
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