Coho Collective Kitchens Inc. Expands Service Offerings With Opening Of Seventh Location In Western Canada
VANCOUVER, British Columbia, September 8, 2022 – Coho Collective Kitchens Inc. (“Coho” or the “Company”) (TSXV: COHO), creator of Canada’s premier commissary kitchen and food production spaces, is pleased to announce the opening of its seventh facility in Western Canada, “Coho White Rock”, located in the City of White Rock, British Columbia at 14985 Marine Drive, White Rock, British Columbia.
This announcement comes on the heels of Coho opening two additional locations in the recent months – strategically executing on its growth plans to be the leading shared-kitchen space provider in Canada.
Coho White Rock represents a brand new vertical for Coho, named “Coho Eatery”, providing mixed-use capabilities within a high-traffic retail area. The 2,200 square foot space reflects Coho’s understanding of the needs of the rapidly growing commercial hospitality market and will include a shared kitchen space, ghost kitchens, and both dine-in and take-out opportunities. Coho Eatery gives member brands increased and meaningful exposure to the public, while also allowing them to target higher income consumers in the area.
“Coho Eatery provides an opportunity for Coho to continue to innovate in Canada’s shared kitchen space industry. Coho White Rock showcases our commitment to nimble and smart solutions that allow Coho and its members to utilize locations to their full potential,” says Andrew Barnes, CEO of Coho. “Companies who sign on to our seventh location will be able to grow their brand and customer base efficiently and effectively, while benefiting from Coho’s strong infrastructure. We continue our drive to be the most innovative shared kitchen space provider in the country by providing our clients with new options, while delivering on our revenue goals and increasing shareholder value.”
For more information about Coho Collective, please visit www.cohocommissary.com.
Coho is a growth stage, community-driven, commercial real estate and food technology company that provides private and shared kitchen and production space to food companies from start-ups to restaurant groups seeking turnkey solutions and business services. Each of the Company's customers, called "Members", are revenue generating companies that have signed a membership agreement with Coho for an agreed upon term. The concept falls in line with a rapidly growing trend in the food-delivery industry creating a market for delivery-only and/or virtual restaurant concepts. For more information about how Coho is growing and innovating in the commissary space, visit https://www.cohocommissary.com.
Andrew Barnes, Chief Executive Officer
This press release may contain forward-looking information within the meaning of applicable securities legislation, which reflect management's current expectations regarding future events. Forward‐looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company's control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward‐looking information. Such risks and uncertainties include, but are not limited to, the ability of the Company to execute on its strategy and the factors discussed under "Risk Factors" in the annual financial statements and MD&A of the Company. Coho disclaims any obligation to update these forward-looking statements.
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