Pizza Inn Franchise Veteran Bob Singh Signs Area Development Agreement for Another 20 Years
THE COLONY, Texas // GLOBE NEWSWIRE // -- Pizza Inn, Inc. (Nasdaq:PZZI) today announced that veteran franchisee and Mississippi area developer Bob Singh, of Greenwood, Miss., who has been with the system for more than 30 years, has signed a new Area Development Agreement, committing to another 20 years. The new agreement calls for additional locations to be developed and was secured by a development fee.
"It's the ultimate endorsement for Pizza Inn that a leader like Bob, who could easily retire, wants to continue growing his success and the success of our franchise network," said Charlie Morrison, President and CEO of Pizza Inn.
Singh, 56, who immigrated to the United States at the age of 21, quickly found a home in food service, where he went from flipping burgers to opening restaurants. He opened his first Pizza Inn in 1979. Today he owns 5 Mississippi Pizza Inn locations in Collins, Greenwood, Grenada, Monticello and Hattiesburg and 1 Louisiana location in Franklinton, in addition to a portfolio of other franchise brands. And he isn't done growing.
An expert of franchising success, Singh has been a leader with Pizza Inn, serving on the Pizza Inn Advertising Board since 1988. He became Pizza Inn's area developer for all of Mississippi and Franklinton, Louisiana, 20 years ago. Now, with 18 restaurants in the region under his watch, he has big ambitions for more.
"The Pizza Inn restaurant of today is incredibly exciting, and I've been around long enough to know a great opportunity," Singh said.
His newest Pizza Inn store in Hattiesburg is a shining example of Pizza Inn's new restaurant prototype. Singh loves the concept and is supportive of where the Pizza Inn brand is headed and how he can champion the system with his own stores and the development of others in his territory. He also credits Pizza Inn's new corporate-owned locations as a symbol of leading by example to prove the franchise concept at a grassroots level that he embraces.
A recipient of the 2008 Pizza Inn Legacy Award for his long-standing contribution and commitment as a franchisee and the 2009 Griff Glover Winner as franchisee of the year, Singh sees the biggest opportunities ahead of him.
About Pizza Inn
Headquartered in the Dallas suburb of 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 315 restaurants and directly owns and operates three restaurants.
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