Texas-Based Pizza Chain Brings Family Buffet-Style Restaurant to Area; Feeds Local Appetite with Specialty Pizzas
January 29, 2010 // Franchising.com // The Colony, Texas - Pizza Inn, Inc. (NASDAQ:PZZI), an international pizza chain recognized for serving a variety of fresh, high quality products at affordable prices, announces the opening of its newest buffet-style restaurant at 1249 Sunset Boulevard in Jesup.
For more than 50 years, Pizza Inn has provided consumers with a variety of specialty and traditional handcrafted pizzas, pastas, salads and desserts in a dine-in buffet format with delivery and carryout. The company popularized a unique thin crackery crust that is made from scratch everyday and has since become the signature product offering. Over the years the menu has expanded, but the company's commitment to the highest quality ingredients, the friendliest service and affordable pricing have remained unchanged.
"We're proud to build the first free-standing location of Pizza Inn's new design in Georgia," said Charlie Morrison, CEO of Pizza Inn. "We look forward to providing local residents with our freshly made pizzas, pastas and other popular menu items at affordable prices."
The Jesup restaurant is owned and operated by franchise veteran Ron Sluder and partners Cliff and Elaine Murphy and Brad Yeomans. While this is their first Pizza Inn franchise location, they previously owned additional franchise concepts in the Jesup area. According to Morrison, their knowledge of the industry makes them ideal candidates to bring the brand back to Jesup.
"We're extremely excited about joining the Pizza Inn family and bringing the quality and value of Pizza Inn's products back to Jessup," said Sluder.
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.