Fazoli’s Rings in New Year with Record Sales Growth

Best Quarter Since 1999 Includes December Comp Store Sales up as Much as 22 Percent

LEXINGTON, Ky.--(BUSINESS WIRE)--Fazoli’s, America’s largest premium Quick-Service Italian restaurant chain, wrapped up 2011 with record-setting sales increases, completing a 17-month streak in guest traffic and sales growth.

“During the second week of December, Fazoli’s overall same store sales were up 18.1 percent –which set a new sales growth record for the 22-year-old brand”

“During the second week of December, Fazoli’s overall same store sales were up 18.1 percent –which set a new sales growth record for the 22-year-old brand,” said president and CEO Carl Howard. Other recent financial highlights include:

  • Combined company and franchised comp store sales were up 10.8 percent in December over 2010.
  • Franchised location sales were up 22.4 percent the last week of December and 11.8 percent for the entire month.
  • For the last quarter of 2011, combined sales grew 6.0 percent.

“This was Fazoli’s best quarter since 1999,” Howard added. “It shows guests and franchisees are embracing the big improvements we have made to our food, service and environment.” In addition to overhauling and upgrading its menu, Fazoli’s now delivers meals to the dining room, with real plates and silverware having replaced Styrofoam plates and plastic utensils. The chain also has remodeled the majority of its restaurants, featuring a contemporary, bright design.

Fazoli’s expects to open at least eight new company and franchised restaurants in 2012. Its first travel center is scheduled to open in March on I-79 in Fairmont, W. Va.

About Fazoli’s

An American family favorite for more than 20 years, Fazoli’s is a leading, next generation QSR franchise opportunity. With a premium menu of freshly prepared Italian entrees, Submarinos sandwiches and salads, a new service style featuring table service and a contemporary new restaurant design, Fazoli’s is well positioned for growth. Already America’s largest Italian quick-service chain with more than 220 restaurants, Fazoli’s is expanding in select markets throughout the country. Founded in Lexington, Ky. In 1988, Fazoli’s was acquired by Sun Capital Partners in 2006.

Contacts

Brad Ritter Communiations, LLC
Brad Ritter, 866-284-2170
BRitter@bradritter.com

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