Fazoli's January Sales Far Outpace Industry
Premium QSR Chain Finalizing Plans for 15 New Units
February 17, 2015 // Franchising.com // LEXINGTON, Ky. – Fazoli's franchisees and company units posted a combined 13.6% same-store sales increase in January – more than double that of their quick-service competitors. Franchisees reported a 15.1% increase, with company units up 12.7%. According to MillerPulse research, the QSR segment as a whole grew January sales 6.1%.
Fazoli's combined January same-store traffic also outpaced the industry nearly four-fold, up 10.3% compared to 2.7%, as reported by MillerPulse. "This was the best January comp-store sales in company history, and the best comp-store sales month in more than 16 years," said Carl Howard, president and CEO of the premium QSR chain.
The robust January performance followed a record-setting fourth quarter in which 27 new weekly franchise sales records were set, with 25% of franchisees reporting new records.
Fazoli's 2015 franchise development efforts also are off to a strong start.
It has commitments for nine new franchise restaurants, including several in travel centers, and is finalizing a development agreement with a large, multi-unit operator for six additional restaurants.
"Fazoli's future is very bright and it's a great time for new franchisees to join the system," Howard added. "We are leading the premium QSR segment and are benefiting as consumers increasingly move to concepts that better meet their tastes and needs."
Connect with Fazoli's online at www.fazolis.com, @Fazolis,and https://www.facebook.com/Fazolis.
An American family favorite for more than 25 years, Fazoli's features 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. Already America's largest Italian quick-service chain with approximately 220 company and franchised restaurants, Fazoli's is expanding throughout the country. Founded in Lexington, Ky., in 1988, Fazoli's was acquired by Sun Capital Partners in 2006.
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