Trend-Setting Pizza Chain Signs 10-Unit Franchise Agreement
NASHVILLE, Tenn., Nov. 11, 2013 (GLOBE NEWSWIRE) — It’s virtually impossible to find someone in Nashville that doesn’t love pizza. It’s even harder to find a local that has experienced one of the most exciting pizza concepts to sweep the nation in recent memory. But all of that is about to change…
In a few short months, Pie Five Pizza Co. will open its first restaurant in the Music City. The fast-growing brand announced today that it has awarded 10 franchise units to Rich Davis and Ron Payne, who will introduce the trend-setting concept to the Nashville area early next year.
Davis is a successful consultant and entrepreneur/restaurateur that previously brought the popular Schlotzsky’s brand to Nashville. Payne is a prominent real estate developer.
“Fast casual concepts are growing like wildfire and Pie Five is leading the charge within the pizza space,” said Davis. “Ron and I are extremely impressed with their operational model and the Pie Five value proposition can’t be beat. When you can deliver a customizable pizza pie with all the fresh ingredients you want in less than five minutes, for one great price, you’ve got a winner! Nashville has become the new center of the Southeast. It’s such a vibrant city with a great quality of life, and we’re convinced Pie Five will be a welcome addition to the dining landscape.”
Pie Five has been named a 2013 Top 50 Restaurant Brand of the Year, a 2012 Hot Concepts winner by Nation’s Restaurant News and one of “10 Hot New Restaurant Chains from Established Brands” by Forbes.com.
“The Pie Five concept has been flourishing across the country thanks to our focus on delivering outstanding quality and value and partnering with exceptional franchisees,” said Madison Jobe, chief development officer for Pie Five. “Rich and Ron bring successful backgrounds, enthusiasm and familiarity with the local market that we are seeking in our franchise partners. We look forward to growing with them as they introduce our revolutionary concept to the good people of Nashville.”
At Pie Five, guests can choose from more than a million combinations of handcrafted pizzas and a variety of specialty pie choices prepared in less than five minutes on one of four crusts all for one low price. The rapidly expanding chain is capitalizing on growing consumer demand for fresh dining options and artisan pizzas in stylish environments without the wait.
Pie Five Pizza now has 12 locations in Texas, two in Utah and one each in Kansas and North Carolina. Total announced franchise restaurants under contract currently number 114 in Florida, Kansas, Kentucky, Maryland, Missouri, Nebraska, North Carolina, Oklahoma, Tennessee, Texas, Utah and Virginia.
Davis and Payne plan to open their first restaurant in the Cool Springs area by the second quarter of 2014.
ABOUT PIE FIVE PIZZA CO.
Pie Five Pizza Co. is a subsidiary of Pizza Inn Holdings, Inc. (Nasdaq:PZZI), headquartered in the Dallas suburb of The Colony, Texas. Pie Five is a trend-setting, fast-casual concept offering individual handcrafted pizzas with fresh ingredients made to order and prepared in less than five minutes. First introduced in 2011, Pie Five Pizza currently has 16 locations in four states with more than 110 announced franchised units under contract in 12 states. For more information, please visit www.piefivepizza.com.
CONTACT: Ladd Biro, Champion Management 972.930.9933; firstname.lastname@example.org
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