$GTEH - Business Description. HIGH-END COFFEE &
Post# of 1846
HIGH-END COFFEE & CHOCOLATE CAFES
GenTech is opening a chain of High-End Coffee and Chocolate Cafes over the coming 5 years both through their own investments and through the establishment of a franchise offering.
These establishments will serve coffees, teas, chocolates and other ancillary food items that are focused on the higher end of the value spectrum.
On 16th June 2019, GenTech Holdings, Inc. completed a lease with HSL Realty LLC for the property at 2 Church Street, Montclair, New Jersey, 07042. The lease runs from July 1st, 2019 thru Jun 30th, 2022.
On 5th August 2019, GenTech Holdings, Inc. engaged architect firm Smith Maran LLC to develop its café property In Montclair.
On 17th July 2019, GenTech Holdings, Inc. retained a Red Bank, NJ, realtor in a confidential agreement to seek an additional café location on Broad Street Red Bank, NJ.
On August 5th 2019, GenTech Holdings, Inc. signed an exclusive US agreement to import Arte Café coffee beans in to the USA market.
The ideal locations for our coffee shops are small towns with a high wealth and liberal population.
These locations will noticeably have events and festivals in the town and be heavily into the arts.
Moreover, the ideal store location will be where foot traffic is high and where the occupants of the coffee shop can spill out onto the street when the weather is right.
These locations will offer evening and weekend musical entertainment so as to ensure that trade continues past breakfast and lunchtime.
The locations will form an integral part of the community by offering classes such as palates and yoga as well as offering themselves to the community for art and social events.
All of our stores will have the same look and feel, with high ceilings, dark wooden countertops and polished concrete floors and we intend to spare no expense on the quality of the build-out of the properties.
Visitors to the location will see a very welcoming and warm location and be under no illusion as to the high end nature of the offering.
Finally, in the company’s efforts to increase the integration of the anti-anxiety properties of THC Free CBD products, the company will be offering alternatives to standard coffees, teas and chocolates by offering a line
in CBD infused products.
ONLINE OFFERING
GenTech is in the process of completing a high-end line up of products that are suited to the more discerning client for CDB products.
Not only will they be offering an extensively larger variety of products based on their own coffees, teas and chocolates, but they also will have contracts with reputable third party supports who will white label the GenTech offering.
We will have a full range of suitable products that support our brand message and will be holding inventory such that quick delivery will be achieved across the full product line.
Visitors to the website will be encouraged to register and join our rewards program so as to ensure that no franchise member site is not rewarded by encouraging their own community of visitors to visit the online store too.
Both the franchisee and the registered use will benefit financially from joining the rewards program.
GenTech Holdings, Inc. is aggressively seeking acquisitions in the market and has issued Letters of Intent and are in advanced negotiations with multiple parties.
OUTREACH PROGRAM
As part of our community integration effort, and as a way of increasing the sales of products outside of both the physical locations and the online platform, GenTech is setting up an outreach program to visit community centres, doctors’ offices and festivals to promote the wellness benefits of THC Free CBD products.
Our inhouse medical advisers are drawing up a wellness education program that can be given to community groups explaining the benefits of CBD oils and foods for various illnesses and maladies.
GenTech Holdings Inc (GTEH) Stock Research Links
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