GRAND RAPIDS, MI--(Marketwire - October 24, 2012) - Meritage Hospitality Group Inc. (
Third Quarter 2012 Highlights
"We are currently undertaking major capital improvements in several of our Wendy's restaurants, including both interior and exterior re-imaging. Our newly acquired Carolina restaurants received installation of our web-based IT back-of-house operating and accounting systems. Our Twisted Rooster casual dining concept, now with four locations, continues to improve," stated Robert Schermer, Jr. the Company's CEO.
Year-to-Date 2012 Highlights
The Company remains committed to investing in the long term fundamentals of the Wendy's restaurant brand revitalization and leveraging its operating platform in U.S. markets. The company now owns and operates Wendy's restaurants in Florida, Georgia, Michigan, North and South Carolina.
Meritage Hospitality Group is one of the nation's premier restaurant operators, with 92 restaurants in North America. Meritage is headquartered in Grand Rapids, Michigan operating with approximately 3,000 employees. The Company's public filings can be viewed at www.otcqx.com, under the stock symbol MHGU, or the Company's website www.meritagehospitality.com.
SAFE HARBOR STATEMENT
Certain information in this new release, particularly information regarding future economic performance and finances, and plans, expectations and objectives of management, constitutes forward-looking statements. Factors set forth in our Safe Harbor Statement, in addition to other possible factors not listed, could affect the Company's actual results and cause such results to differ materially from those expressed in forward-looking statements. Please review the Company's Safe Harbor Statement at http://www.meritagehospitality.com.