Muscle Maker, Inc. Posts Q2 2022 Results – Operating Profit Continues Improvement - Seite 2

Roper continued, “We anticipate a very busy second half of 2022 as we have corporate owned locations scheduled to open in Philadelphia, Wichita and Jacksonville and a pipeline of over 40 franchise locations with the first locations scheduled to open in August/September. Our footprint with open or coming soon locations now covers 13 states: Connecticut, Rhode Island, New York, Massachusetts, Pennsylvania, Florida, Texas, Mississippi, Tennessee, Maryland, Virginia, New Jersey and the recently announced addition of Kansas. While we execute our franchise growth strategy with Pokemoto, we have been able to maintain a strong liquidity position. As of June 30, 2022, the Company had cash in excess of $13.4M which allows us the ability to both execute against our growth strategy but also keeps open the option of potential strategic acquisitions or partnerships” 

“We believe we have positioned the company for growth in personnel, systems, infrastructure and more importantly the Pokemoto brand. I am excited to see what comes next in our journey!”

About Muscle Maker, Inc.

Muscle Maker, Inc. is the parent company of “healthier for you” brands delivering high-quality healthy food options to consumers through traditional and non-traditional locations such as military bases, universities, delivery and direct to consumer ready-made meal prep options. Brands include Muscle Maker Grill restaurants, Pokemoto Hawaiian Poke and SuperFit Foods meal prep. Our menus highlight healthier versions of traditional and non-traditional dishes and feature grass fed steak, lean turkey, chicken breast, Ahi tuna, salmon, shrimp, tofu and plant-based options. For more information on Muscle Maker, Inc., visit www.musclemakergrill.com, for more information on Pokemoto visit www.pokemoto.com or for more information on SuperFit Foods visit www.superfitfoods.co.

About Muscle Maker Grill

Muscle Maker Grill (www.musclemakergrill.com) features high quality, great tasting food, freshly prepared with proprietary recipes. The menu, created with the guest’s health in mind, is lean and protein based. It features all-natural chicken, grass fed steak, lean turkey, whole wheat pasta, wraps, bowls and more. It also offers a wide selection of fruit smoothies in a variety of assorted flavors, protein shakes and supplements.