GRIL - Muscle Maker's Pokemoto division signs three new franchise agreement expanding in Florida

Pokemoto, a subsidiary of Muscle Maker (NASDAQ:GRIL) has signed three new franchise agreements in southwest Florida. These three new agreements bring the total franchise count to 30 since November 2021.  These 30 new agreements, along with six new Pokemoto locations previously opened since the chain was acquired in May 2021, would represent a Pokemoto division growth rate of 300%.   In this same timeframe, the company also signed a 40-unit Muscle Maker Grill restaurant development agreement in Saudi Arabia fueling the company’s international pipeline. Shares +3.6% during pre-market

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Muscle Maker’s Pokemoto division signs three new franchise agreement, expanding in Florida