CTR Investments acquires first Convenience/Gas Location
Cuisine Wire/10531226

ATLANTA - CuisineWire -- CTR Investments & Consulting, INC (OTC Markets CIVX) has acquired a Roots branded Convenience/Gas store in Pelzer South Carolina from Roots Oil for cash and considerations, contingent on obtaining acquisition financing.

The store which generated approximately $1.5 million USD in sales over the past 12 months will be rebranded as a "76" station.  In addition to a cash investment, CTR has agreed to a 10-year lease with a further two five-year optional extensions.

This is the first convenience/gas outlet acquisition for CTR and joins an existing casual dining outlet CTR operates in Georgia.  This fits into its strategic plan of creating a network of Travel Center/Convenience Store and Casual Dining/Fast Food operations nationally.

About CTR Investments & Consulting, Inc.

CTR Investments & Consulting, Inc., a Nevada corporation, was incorporated on October 22, 1999, pursuant to the laws of the State of Nevada.  It is in the business of acquiring and operating Travel Center/Convenience Store and Casual Dining/Fast Food operations nationally.

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For more information about the Company, please visit:

OTC Markets Profile: https://www.otcmarkets.com/stock/CIVX/profile (https://www.globenewswire.com/Tracker?data=bQCvV9tf3zTa5xCmM7dk_UJW45YNz4tE1HDNGcSurF0s8q7rZPKOGyQSsOBiHWPRFCIG4Nr3y59ly6VvhnMpQJTLkQUxABxtogYzMopTYq1yH7EzgKBbD1M2ek-eMiKRkVx5eoXKvVvVpvPAXYna519B3FK9gTU-6LtZ6N0x1YQ)
Safe Harbor Statement:

In addition to historical information, this press release may contain statements that constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release include the intent, belief, or expectations of the Company and members of its management team with respect to the Company's future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company's business units or the market price of its common stock. Additional factors that could cause actual results to differ.

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Layne Olwin - President

Source: CTR Investments and Consulting Inc
Filed Under: Food, Restaurants

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