JACKSONVILLE, Fla., Mar. 6, 2015 /PRNewswire/ -Latitude 360 (OTCQB: LATX), an upscale casual-dining restaurant with a large number of state-of-the-art entertainment rooms and experiences, today reported solid sales numbers for the first two months of 2015 that reflect the company’s dedication over the last several months. One primary indicator of the company’s continued positive momentum is a 19.3% increase in gross sales over the comparable period in 2014, a figure that has increased in each of the last three quarters. Same store year over year sales have risen significantly as well, but perhaps more significantly group sales have increased by more than 30% in the first two months of 2015.
The company believes that brand loyalty has also grown considerably over the last year, with total sales of the company’s 360 club membership program (which offers perks like points, 360 comedy club tickets, a personal concierge, and a valet) increasing to over 3,500 memberships sold. Membership sales have also outperformed the company’s expectations, increasing in tandem with overall company growth.
As customer satisfaction, sales figures, and loyalty continue to grow, Latitude 360 is in the process of building several new locations. Latitude 360 projects 400% store growth through 2017. The company has new locations opening soon in New York, Massachusetts and Minnesota. Each of these dining and entertainment venues is projected to be over 80,000 square feet, a perfect accommodation for Latitude 360’s many entertainment attractions like their comedy club, cigar lounge, and movie theater.
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Latitude 360- The Ultimate Restaurant
SOURCE Latitude 360, Inc.
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