Toronto, ON – (NewMediaWire) – August 21, 2020 – Amfil Technologies Inc. (OTC: FUNN), through its primary subsidiary, Snakes & Lattes Inc., is pleased to announce the projected opening of its newest Snakes & Lattes branded boardgame bar/café venue in Guelph, Ontario. This will be the Company’s sixth operational brick and mortar location. The venue is expected to open by the end of September 2020, just in time to cater to the area’s large population of returning university and college students.
The Company originally announced in August 2019 that Snakes & Lattes would be expanding into Guelph by transforming an existing boardgame café called ‘The Boardroom’ into a Snakes & Lattes branded venue. In December 2019, the lease was secured, and planning commenced to make alterations to the venue which included the addition of a small kitchen.
The construction plans were interrupted by the onset of COVID-19. Throughout the pandemic, the Company exercised appropriate and necessary caution by diligently following all public health recommendations and guidelines. Construction initiatives on the location were temporarily delayed to ensure the safety of all employees, service providers, and the general public.
As businesses begin to re-open, the Company is determined to resume its venue expansion plans with a few adjustments where necessary to streamline the process. For example, the Company has elected to temporarily delay construction of the new kitchen until the venue and its customer base have been firmly established. This will expedite the location opening and get the business generating revenue.
Renovations and alterations will be done in phases after the location is up and running.
Phase 1 (August 2020)
· Construction of benches
· Tables and chairs
· Outdoor signage
· Converting front counter into a bar with elevated seating
· Installation of network and security systems
· Obtaining larger capacity from Fire Department.
Phase 2 (planned for late 2020 or early 2021)
· We have already obtained a building permit
· Install a small hood (fryer and stove) to upgrade the food
· Construction of mini open kitchen
The landlord has been very accommodating through the economic shutdown and has offered a discount on rent until the economy opens back up completely.
This is the first time the Company has taken over and converted an existing Board Game Cafe to a Snakes & Lattes. This strategy is expected to allow for a more rapid expansion effort resulting in a greater number of café openings in a shorter period of time. The Guelph location will be a mid-sized location with a seating capacity of 80-100 guests which is perfect for a smaller city such as Guelph. It is expected that the location will be a smash hit with the local students and young families, the brand’s key demographics as it was doing well prior to the acquisition however the owners had to prioritize their roles as city councilors.
The Company has secured the talent of experienced boardgame café manager, Nik Katarya. Nik joins the Snakes & Lattes team bringing with him 7 years of experience in the food and beverage industry. Nik is passionate about the creation of unique cuisine, signature drinks, and also shares the company’s love for board games! Nik spent 4 years abroad living in South Korea to hone his culinary skills and fell in love with the board game café environment during his stay.
Upon his return to his hometown in Waterloo, Ontario, Nik decided to bring the board game café concept home with him, founding ‘Crossroads Board Game Café’ in 2014 which is still thriving today.
The Company feels extremely fortunate to have found such a perfect fit for the General Manager role. Head Office will support his efforts in any way necessary to ensure the venue’s success. Welcome aboard, Nik!
The Company is in the process of obtaining a CSBFL loan to fund this particular location. The CSBFL loan is a government guaranteed loan, the same as was used to open the Snakes & Lattes ‘College’ and ‘Midtown’ locations. The loan reimburses expenses incurred in opening the venue at a rate of about 5%.
The loan size is expected to be at least $50,000 to cover some of the opening costs such as signage, furniture, additional licensing, etc. An additional $50,000 would fund the buildout of the planned open kitchen.
The location has already received some attention from local journalists. This is expected to continue as the company plans to coordinate with the press and local influencers to help promote the venue.
Examples of coverage received by local news outlets.
The Company has uploaded some pre-construction photos of the Guelph venue to the Amfil website. These can be viewed at the following link: https://www.amfiltech.com/guelph-on
The Guelph location is a great opportunity for the company to adapt its business model to smaller venues, in smaller cities, allowing the company to capture the maximum possible share of the market. The proximity to Toronto, ON means that the Snakes & Lattes brand will already have a certain level of awareness in the area providing easier marketing efforts past the grand opening party.
Further updates on the opening of Snakes & Lattes ‘Guelph’ can be expected as construction continues.
Additionally, the Company is in the process of acquiring two other, one being much larger, board game bar/café venue in a major US city which will be the largest and most extravagant location to date. Management is very excited about these additional locations opening this year and expects to finalize and announce the details of the deal in the coming weeks. Stay tuned!
About Snakes & Lattes
For further updates from the Snakes & Lattes and its parent company, Amfil Technologies Inc please follow us on Twitter @AmfilTech
For more information regarding the company, and its related subsidiaries please visit the following websites:
Amfil Technologies Inc. www.amfiltech.com/
Snakes & Lattes Inc. www.snakesandlattes.com/
Morning (Snakes & Lattes Publishing SAS) https://www.morning.us/
GRO3 Joint Venture http://gro3systems.com/
Interloc-Kings Inc. http://www.interloc-kings.com/
Amfil Technologies Inc. is the parent company to three wholly owned subsidiaries.
1). Snakes & Lagers Inc. holds the trade name and is the owner of Snakes & Lattes Inc. which currently operates 3 tabletop gaming bars and cafes located in Toronto, Ontario and 1 in Tempe, Arizona. The company is in the process of expanding throughout North America. Snakes & Lattes Inc. was the first board game bar and cafe in North America, is believed to be the largest in the world and has the largest circulating public library of board games in North America for customers to choose from. Snakes & Lattes Inc. currently has a 100+ member staff and recently acquired the exclusive distribution rights throughout Canada for some of the most popular board games in the world. The company also operates a lucrative fulfillment and distribution division and has recently entered into the board game publishing business through the acquisition of Morning which is expected to add significant revenues to the bottom line. For more information on Snakes & Lattes Inc. feel free to visit the website at www.snakesandlattes.com.
2). The EcoPr03 GRO3 Antimicrobial System was jointly developed between Amfil Tech and A.C.T.S. Inc. which recently rebranded its technology under Advanced Ozone Integration as an extension of the existing ozone technology being utilized in the food and beverage industry and integrated by A.C.T.S. into companies such as Pepsi, Nestle, Sysco, Sun Pacific and many others. The system is a triple-function sanitization unit capable of naturally eliminating 99.9% of water and airborne pathogens and the typically problematic pests that wreak havoc for cultivators (like aphids, whiteflies and spider mites), as well as bacteria, fungus, microbes and mold on surfaces, all without chemicals. The unit can also constantly regulate a given facility’s water supply, oxygenating the water and maintaining a consistent PPM infusion of ozone that prevents the formation of algae, bacteria or mold (allowing for comprehensive water recycling), simultaneously removing the need to use pesticides and/or dangerous, often carcinogenic products to treat production problems, as is common throughout the industry today. This environmentally-friendly solution also eliminates odors, while slightly reducing the air temperature, lowering energy consumption by the HEPA filtration and HVAC systems and could potentially allow for a facilities process to be labeled certified organic in the U.S.A. when the crop is no longer considered illegal on the federal level, otherwise “Clean Green” or “Certified Kind” in the meantime. The EcoPr03 GRO3 Antimicrobial System recently passed product review by a registered USDA certifying agent for use in California as well as Pennsylvania and surrounding states. The subsidiary has developed a strategic partnership with Roto Gro, the creator of proprietary rotary hydroponic technology. More information on this product line can be found on the www.gro3systems.com website or on twitter @GRO3Systems.
3). Interloc-Kings Inc. is a hardscape construction company servicing the Greater Toronto Area. This subsidiary is an authorized Unilock installer. Unilock is North America’s premier manufacturer of concrete interlocking paving stones and segmental wall products. Interloc-Kings Inc. has an A+ Rating with the Better Business Bureau (BBB) and a 10/10 rating on homestars.com. Specializing in stone and wood installations between $5,000 and $150,000 per project, Interloc-Kings Inc. has quickly become a top, high quality installation company of outdoor living areas in the GTA. More information on this subsidiary can be found at the website www.interloc-kings.com.
Safe Harbor Statement
This news release contains statements that involve expectations, plans or intentions (such as those relating to future business or financial results, new features or services, or management strategies) and other factors discussed from time to time in the Company’s OTC Market or Securities and Exchange Commission filings. These statements are forward-looking and are subject to risks and uncertainties, so actual results may vary materially. You can identify these forward-looking statements by words such as “may,” “should,”, “will”, “expect,” “anticipate,” “believe,” “estimate,” “confident,” “intend,” “plan” and other similar expressions. Our actual results, such as the Company’s ability to finance, complete and consolidate acquisition of IP, assets and operating companies, could differ materially from those anticipated in these forward-looking statements as a result of certain factors not within the control of the company such as a result of various factors, including future economic, competitive, regulatory, and market conditions. The company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
Amfil Technologies Inc.
Telephone: (647) 880-5887
Snakes & Lattes Inc.
Telephone: (416) 500 2911