Existing Multi-Unit Franchisee Seizes Growth Potential, Set to Open All Locations by End of 2025
RESTON, Va.,Dec. 13, 2022/PRNewswire/ --马可的披萨, the nation's fastest-growing pizza brand*, announces a multi-unit signed agreement that will bring eight new stores toNorthern Virginiaby the end of 2025. Marco's remains on the fast-track for growth with multi-unit expansion continuing to play a key role in its overall development strategy. The news comes on the heels development and sales milestones with theopening of its 1100thstoreandsurpassing$1Bin annual systemwide sales.
The new 8-unit area development agreement adds to franchisee,Michael Ghanem's, existing two-unit agreement with Marco's Pizza. His first store recently opened at 46515Harry Byrd HwyinSterling, with his second location slated to open in theReston/Herndonarea in Q1 2023. Ghanem and his team are in early site selection acrossLeesburg,Sterling,Herndon,Reston,Arlington,Alexandria, andMount Vernonfor the additional eight stores.
"When we began our search for viable franchise opportunities, we were looking for one key factor in particular - the potential for growth," said Ghanem. "Marco's growth journey has been nothing short of remarkable and seeing the untapped potential inNorthern Virginia, we knew it was an opportune time to join the brand and grow our portfolio. We feel confidently that with the support of the Marco's team and our drive to succeed as franchisees, we'll be able to actualize our goal of being the No. 1 Marco's operator in the Northeast market."
Marco's now spans 1,100 stores across 33 states with locations inPuerto Ricoand theBahamas.Franchise expansion continues to accelerate with more than 200 stores in various stages of development with more than 350 agreements signed. According to FRANdata, a leading research and advisory firm that analyzes the franchise market, Marco's 2022 FUND® Score of 895 is in the top 1% of all evaluated franchise systems and is the 2nd highest score among all evaluated food franchises.
Companyleadershipis prioritizing investments inenhancing the franchise development program, new technology, personnel, strategic vendor partnerships, multi-channel national advertising, and more – all with an eye on maximizing franchisee profits while meeting the needs of today's modern customer.
Nation's Restaurant News Top 500 Reportshows Marco's achieved the highest percent year-over-year sales change (+18.2%) when compared to the nation's top 4 pizza brands**, making Marco's the No. 5 pizza brand in systemwide sales in America. With strong growth and performance, Marco's now sets its sights on becoming the No. 4 brand in pizza as it experienced a 12.8% increase in year-over-year Average Unit Volume (AUV), and the Top 50% of Marco's franchised stores generated$1,198,201AUV for 2021***.
With prime territories available for development, Marco's provides a full development support system, including technology and tools to help identify the right territories for expansion plus expertise in financing, real estate, construction management, and field operations, to assist franchisees and multi-unit operators.
For more information on Marco's Pizza franchise opportunities, visithttps://www.marcos.com/franchising/or call 866-731-8209 to speak withShannon Iverson, Vice President of Franchise Sales.
ABOUT MARCO'S PIZZA
马可的披萨is America's Most Loved and Most Trusted Pizza Brand, according to the 2019 Harris PollEquiTrend® Study. Headquartered inToledo, Ohio, Marco's Pizza is the fastest-growing pizza brand inthe United States*. Marco's was founded in 1978 by Italian-bornPasquale("Pat")Giammarcoand thrives to deliver a high-quality pizza experience, known for its dough made from scratch and its three fresh signature cheeses. The company has grown from its roots as a beloved Ohio brand to operate over 1,100 stores in 34 states with locations inPuerto Ricoand theBahamas.Most recently, Marco's Pizza was ranked No. 2 in the Pizza category on Entrepreneur Magazine's 2022 "Franchise 500" ranking, and No. 4 in the Fastest Growing category on Restaurant Business' 2021 "Top 10 Fastest Growing Chains" ranking. Other recent accolades include a high ranking onNewsweek's2023 "America's Best Customer Service" in pizza chains list, ranked No. 40 onQSR'sTop 50 and has been featured five consecutive years on Nation's Restaurant News' prestigious "Top 500" ranking.
*Marco's Pizza is the fastest-growing pizza brand based on year-over-year unit growth, according to 2021 NRN Top 500 U.S. Restaurant Ranking LSR Pizza Segment.
**Nation's Restaurant News partnered with Datassential and its Firefly data platform to provide an in-depth look at the performance across the Top 500 restaurant chains.
***Based on the Average Unit Volume of the top 50% of our Franchised Stores for fiscal year 2021. Based on fiscal year 2021, 146 of 389 Franchised Stores in the category (38%) met or exceeded this average. This information appears in Item 19 of our 2022 FDD – please refer to our FDD for complete information on financial performance. Results may differ. There is no assurance that any franchisee will perform as well.
SOURCE Marco's Pizza
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