McapMediaWire -- All American Gold Corp. (OTC: AAGC) is very pleased to announce that Hollywood Star Cuts, AAGC’s Operating Company, has officially begun the Franchise Build-out segment of the Company’s growth model.
On February 1st and February 15th, Hollywood Star Cuts Florida franchise partner will officially be taking possession of two retail locations in the Western Florida region.
The first location will be located in the rapidly expanding Port Charlotte market. Construction and renovations will begin immediately. This location is situated in an exceptional venue with a Major Grocery Chain and a Major Coffee Retailer ensuring constant foot traffic throughout all business hours. This location will primarily be “Family Hair Focused” but will also have a section for “Nail Care”. This 1,200 square foot location is newly rebuilt after the devastation of Hurricane Ian allowing the Franchisee a blank slate in which to create an award-winning venue.
The second location, starting February 15th, will be located in the bustling St. Petersburgh metro area. This locale is perfectly situated adjacent to an Upscale Fitness Center, a Big Box Superstore and many Eateries. It will be conducting business on one of St. Petersburgh’s busiest retail streets. This 1,150 square foot location was a successful operating hair salon previously, making the permitting and reconstruction process much more streamlined. This location will also be “Family Hair Focused” but due to the fact that there is an existing nail salon operating in the same plaza, the franchisee has opted for an Esthetician Room withing Hollywood Star Cuts to increase revenue.
Both locations require 45-60 days to allow for construction and permitting.
At the end of 2022, construction began in Central Texas. It is expected that Hollywood Star Cuts will be hosting a Texas sized grand opening in March once the permitting is complete and the franchisee has the Texas location staffed.
Other franchise locations in Arizona and Nevada, as well as other markets, will be proceeding with construction as the year progresses.
Hollywood Star Cuts is in the process of developing a “Blockbuster Mega Production Studio”. This facility will have everything a customer and a potential franchisee could ask for. Not only does it have multiple hair styling stations, the venue will contain a dedicated area for nails. The massive facility will have a dedicated room within the venue that houses an area large enough to accommodate two separate esthetician rooms for face and skin care. To top it all off, another large room, located in the rear of the facility, will house two tanning stations. One station will house a stand-up tanning booth and the other will house a lay down tanning bed.
The purpose of such a comprehensive facility is to give the customer an all inclusive Movie Star experience while demonstrating to any potential franchisees all the wonderful features Hollywood Star cuts can offer them as business partners.
The Blockbuster Mega Production Facility is under construction now and is expected to be completed by March 1st with a grand opening celebration shortly after.
This facility is being constructed in the Westpark area of Boise Idaho. Hollywood Star Cuts invites everyone to visit all our locations in the Boise and Nampa Idaho area.
The growth model for Hollywood Star Cuts includes both Corporate owned stores as well as Franchise stores in specific markets. Once the Blockbuster mega Production Studio is completed, the construction of Corporate locations will cease for 2023. With the construction of Corporate locations on hiatus for the remainder of the year, Hollywood Star Cuts will be executing it’s business plan with an operating profit. The intent of concentrating on growing the business via franchise model is to accelerate growth while accumulating funds, allowing for future growth without the need for outside financing.
To ensure transparency and clarity, All American Gold Corp will be conducting a Shareholder Conference Call on Thursday, February 2nd at 7:00PM Eastern Time (4:00PM Western). This call will be open to the public. Among topics to be discussed will include Calendar Year-end financials, expansion plans, audit update, as well as other Company business. The dial-in number will be (267) 807-9601. The access code will be 526-855-601. Management invites all interested parties to participate in the call. There will be a question-and-answer period after the presentation. Updates and reminders will be posted on Twitter.
Hollywood Star Cuts is dedicated to offering the very best in service and experience and is committed to becoming a leader in the multi-billion-dollar and recession resilient Hair-Care industry. Hollywood Star Cuts would like to thank all their loyal customers, their loyal staff members and all who support the Company. Hollywood Star Cuts is committed to expand through organic growth with Company-owned stores as well as utilizing franchise partners nationally.
All American Gold Corp. invites the public to follow us on Twitter @HStarcuts as most updates, and communication will be conducted there.
The public is also invited to follow us on Facebook and online at www.hollywoodstarcuts.com.
Forward-Looking Statement Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. The company disclaims any obligation to update information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.
Hollywood Star Cuts