ArKay Beverages woos African investors

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ArKay Beverages Inc., the world’s first maker of alcohol-free liquors is inviting African wealthy individuals invest in the USA in a concept of ArKay Non Alcoholic Bar & Lounge that will serve food and non-alcoholic cocktails during the day and transform itself into a fun place at night.
“The reason behind ArKay expansion into the non-alcoholic bar and lounge is obvious, want have fun without having drink liquor, with ArKay, the party never stops!” said Sylvie Grattagliano, President of ArKay Beverages.
According the , ArKay Non-alcoholic Bar & Lounge will be serving up a variety of high end coffee, sandwiches, salads, and even, croissant burgers; not mention, over 100 non-alcoholic cocktails.
The anticipates opening of hundreds of locations in the USA and overseas where consumers are trying to get away from liquors and have fun.
The typical size of the non-alcoholic bar and club will be 250 square meters or 2,800 square feet, and will cost approximately $1million to build and equip a unit of . Its projected investment (ROI) is 8percent annually.
For prospective foreign investors, Arkay promises to provide all necessary permits like resident and work permits; find the best location for the as well as train the . The also has comparative advantage as the first alcohol-free liquor in the world, thus has little or no competition.
The company stated that a foreigner is eligible to invest must have a minimum of USD 1 million to the bar which will be independently owned. however added that terms and conditions may apply and change at any time.