Provided
May 25, 2021
Although Kentucky-based Fazoli s broke its own development record in March when it ended the fiscal year with 20 franchise agreements calling for 50 locations, the chain is planning to double that over the next fiscal year by signing 40 deals to open 100 locations before the end of 2022, a news release said.
To help achieve the goal, Fazoli s has hired David Boatright as director of franchise sales, where he ll work with Steve Bailey, the chain s senior director of Franchise Sales. Boatright held similar roles at Bojangles and Front Burner Brands. Fazoli s is in the 99th percentile of all operating brands in the entire industry, and prospective franchisees are recognizing our success, CEO Carl Howard said in the release. Markets are selling out quickly. In March alone, we signed 10 new groups for 23 new locations, and we are on pace to open 15 new locations this calendar year and 20-plus locations for the next several years. We ve built an incredible fran
Fazoli s Prepares to Scale New Development Heights, Anticipates Signing 40 New Franchisees For 100 Locations in FY2022 restaurantmagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from restaurantmagazine.com Daily Mail and Mail on Sunday newspapers.
Fazoli’s Achieves Most Successful Quarter in History, Breaks Over 200 Weekly Sales Records
April 8, 2021 · ·
Iconic Italian brand sees sales and traffic skyrocket to all-time highs in January, February and March, ending Q1 with system sales up 29% and a record 11 area development agreements
Lexington, KY (
Fazoli’s continues to dominate the premium QSR segment with historical sales and traffic performance in Q1.
In the first quarter alone, Fazoli’s broke more than 200 weekly sales records and topped monthly records with double-digit month-over-month sales and traffic in January, February and March. Sales for March are up 85% and traffic is up 78% compared to the year prior and 34% over March 2019, respectively. The week ending March 24, the iconic Italian brand hit another all-time record for the entire system with company locations averaging $34,821 per restaurant, which shattered other weekly records by more than 8%.
Fazoli s Achieves Most Successful Quarter in History, Breaks Over 200 Weekly Sales Records restaurantnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from restaurantnews.com Daily Mail and Mail on Sunday newspapers.
April 1, 2021 · ·
Iconic Italian brand signs record 20 agreements in a year – 11 in Q1 alone – to add 50 locations to pipeline
Lexington, KY (
RestaurantNews.com) With 11 straight months of record-breaking sales under its belt,
Fazoli’s is continuing its winning streak by adding a new franchise development milestone to its impressive list of recent achievements.
Fazoli’s CEO Carl Howard announced today that the company has signed 11 area development agreements in Q1 alone. Through this record-setting accomplishment, the iconic Italian brand added 36 new locations to its pipeline throughout California, Florida, Kansas, Oklahoma and Tennessee. During Fazoli’s fiscal year, which just ended, the brand signed a record-setting 20 new franchise agreements to develop 50 locations. This number surpasses the most agreements the brand has signed in a single year in its 33-year history. Additionally, over the last seven months, Fazoli’s has hosted 19 Discovery Day