Sign of a New Pizza Era: Marco's Pizza Breaks Top 100 in Entrepreneur's Franchise 500
Nation's Fastest Growing Pizza Company Continues Climb to Top of Category
TOLEDO, Ohio - January 27, 2015 - (BUSINESS WIRE) - In a telling sign that the nation's pizza marketplace is changing, Marco's Pizza, the fastest-growing pizza franchise in the United States, has claimed the No. 95 spot on Entrepreneur magazine's annual Franchise 500® list – a major stride for a relatively new player in the fiercely competitive category.
While this is the sixth consecutive year Marco's has been featured on this prestigious list that ranks the country's franchises across all industries, it is the first time the company has broken into the Top 100.
Noted as the world's first, best and most comprehensive franchise ranking, the 36th annual Franchise 500® recognized Marco's Pizza for its exceptional performance in areas including financial strength and stability, growth rate, and size of the franchise system. The nation's fastest-growing pizza franchise has been on an accelerated growth track, opening an average of one new store every other day and more than doubling its size in less than five years. By the end of the year, the company will have more than 700 restaurants open in three countries and is on track to reach 1,000 locations by 2017.
"Breaking into the Top 100 of Entrepreneur's Franchise 500 is a true testament to all of the hours and hard work our dedicated franchisees and corporate team have put into this brand and business," said Marco's Pizza President & COO, Bryon Stephens. "Our motto is that culture eats strategy for breakfast and we've focused on building a culture of accountability. As we further our expansion efforts both domestically and internationally, having a company culture in which everyone embraces accountable behavior will only continue to drive our business forward and propel our brand to new heights."
Marco's Pizza serves the expanding $40 billion U.S. pizza market that continues to grow at a rate of 1 and 2 percent per year. As the only national franchise chain founded by a native Italian, the company has made a name for itself in the bourgeoning industry by producing fresh, authentic, handmade pizza, known for its fresh dough made daily on site, a proprietary cheese blend that is fresh never-frozen, and a secret pizza sauce recipe. Its success and rapid growth is a result of its strong corporate backing, ability to take market share, unit-level profitability, its Italian food standards as well as its capability to attract top talent among its franchisees and corporate staff.
Having experienced a 41 percent system-wide net sales increase in 2014, Marco's Pizza remains one of the top franchise opportunities in the market in 2015. Company executives see substantial growth in Southern California, Las Vegas, Houston, Dallas, Washington D.C. and Baltimore.
For more information on Marco's Pizza franchising and employment opportunities, visit marcosfranchising.com.
Complete results of Entrepreneur magazine's Franchise 500® list, including company profiles, can be found at www.entrepreneur.com/franchise500.
About Marco's Pizza
Headquartered in Toledo, Ohio, Marco's Pizza (Marco's Franchising, LLC) is the fastest-growing pizza company in the U.S. (based on the number of stores signed into development since 2007). Marco's was founded in 1978 by Italian born, Pasquale ("Pat") Giammarco and thrives by making Italian Pizza with fresh ingredients. The company has grown from its roots as a beloved Ohio brand to operate more than 500 stores in 35 states, and the Bahamas. Marco's Pizza recently took the no. 3 spot in Consumer Reports' pizza category restaurant rankings and was no. 8 on Franchise Times' "2014 Fast and Serious" list. To inquire about franchise opportunities with Marco's Pizza visit marcosfranchising.com.
SOURCE Marco's Pizza
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