November 16, 2009 // Franchising.com // The Colony, Texas – Pizza Inn, Inc. (NASDAQ:PZZI), a national pizza chain recognized for serving a variety of fresh, high quality products at affordable prices, announces the opening of its newest carryout/delivery restaurant at 392 North Sam Houston Parkway, Houston, TX.
The new restaurant provides customers convenient delivery and carry-out with limited seating, while offering consumers a variety of traditional and specialty pizzas, such as Chicken Fajita and Bacon Cheddar Ham, with its dough made fresh and from scratch daily, as well as bone-in and boneless wings and the world's only and first Pizzert® dessert pizza.
"We're excited about our continued expansion throughout Houston as well as the entire state of Texas," said Charlie Morrison, CEO of Pizza Inn Inc. "It is a pleasure to provide our freshly made pizzas and other popular menu items to the local residents at affordable prices."
The Houston restaurant is owned by Four Star Foods, LLC, a subsidiary of King Fuels, Inc. of Houston. Four Star Foods opened their first Pizza Inn restaurant in on September 8, located at 21502 Aldine Westfield, Humble, TX.
"One thing I know for certain is Pizza Inn and its concept have extremely loyal customers that I feel very fortunate to serve in my current operating locations," said Mr. Zaki Niazi, President of King Fuels. "Pizza Inn stands for fresh, quality menu items priced for value that our guests need during this rough economic time, and I'm confident to continue providing both of these to the patrons of our newest store."
In an effort to increase domestic growth, Pizza Inn recently launched a development incentive program to entice franchisees otherwise discouraged by the current credit market. The incentive program offers a 50 percent reduction in the initial Franchise Fee from $25,000 to only $12,500, a 50 percent reduction in royalties for year one from 4 percent to 2 percent and the same 50 percent reduction in royalties for year two, with years three and beyond at the standard 4 percent. Pizza Inn is seeking single and multi-unit franchisees, as well as area developers in select regions of the country. This incentive applies to new construction of US buffet restaurants only.
Headquartered in The Colony, TX, Pizza Inn, Inc., is an international pizza chain featuring traditional and specialty pizzas, as well as freshly made pastas, sandwiches, and desserts. Founded in 1958, publicly traded Pizza Inn (Nasdaq: PZZI) franchises approximately 310 restaurants and directly owns and operates three restaurants.