The famous pizza and entertainment food chain goes for expansion
Peter Piper Pizza to introduce huge franchising initiative as they are focusing on expanding the brand's presence in new location. With about 143 units all over the Mexico and Southwest United States, the 111 branches are said to be franchised and 32 are owned by the company.
"We have been running successful model and thought that the time is right for growth. We believe that the market and aware that there is a need from most mothers looking for less pricey dinning ambiance and also potential growth in Hispanic industry, as the chief executive officer of the company commented.
The benefits related to becoming a franchisee will include higher cash liquidity, faster growth on market share, more versatile management staff and more selection of possible target market for expansion in national scene.
Peter Piper is aiming for multi-unit potential operators with food experience and are interested to franchise a not-so developed markets. The company has a one-of-a kind operating platform and economics that will produce earnings from various sources such as carry out, current games, buffet lunch and more.
"The available franchising opportunities with the brand will give outstanding growth and more as you continue to run the program of the brand. And because of its established brand, stability and longevity of the staff, we will be able to give full support program to the new and potential entrepreneurs," as Bruce added.
Peter Piper Pizza currently reached their number 54 period of similar sales growth and was given the Nation's Restaurant News' Next 20 report. This report shows that the fast food chains that are in the ideal position to give the top 200 based on their sales volume. And the brand has been continue to show its promising results further.
