Kisses From Italy Inc. (OTC: KITL)

Kisses From Italy Inc. is a fast casual food dining chain that operates corporate owned restaurants, develops franchise opportunities, and sells branded packaged food products in retail stores. The company was incorporated in Florida in March 2013 and opened its first location in Fort Lauderdale in May 2015. Its core activity is to offer Italian inspired paninis, desserts, coffee and other menu items made with authentic ingredients sourced from Italy.

The company generates revenue primarily from sales at its company owned restaurant, from royalties and fees paid by franchisees, and from the sale of Kisses From Italy branded products in grocery and convenience stores across Ontario and Quebec, Canada. Additional revenue may arise from development agreements that grant territory rights to third parties for restaurant openings.

The company operates through the following segments:

• Company-Owned Restaurants operates the flagship location in Fort Lauderdale and any additional corporate outlets, focusing on in store dining, takeout and catering services.

• Franchising develops and supports franchise locations under the Kisses From Italy brand, providing training, site selection, opening assistance and ongoing operational support while collecting royalties and fees.

• Retail Food Products produces and distributes Kisses From Italy branded panini ingredients, desserts and beverages to retail grocery and convenience stores in Canada, generating sales through wholesale distribution.

Kisses From Italy Inc. occupies a niche within the fast casual restaurant sector by offering authentic Italian menu items that meet D. O. P. standards, differentiating itself from larger chains that rely on standardized ingredients. Competitors include Subway, Jimmy John's, Chipotle Mexican Grill, Miami Subs Grill and Starbucks, which have greater scale and financial resources. The company’s competitive advantages stem from its emphasis on fresh, preservative free products, direct sourcing from Italian producers and a commitment to local supplier partnerships.

The company serves individual consumers who dine at its restaurant or purchase takeout, franchisees who operate licensed locations under the brand, and retail shoppers in Canada who buy its branded packaged products in grocery and convenience stores. No specific customer names are disclosed in the filing.