Fazoli's ends 2017 with growth spurt
The end of 2017 was all about growth at Fazoli's. It signed six agreements to develop a total of 15 restaurants nationwide and also opened five restaurants — most recently in Connecticut, Texas, and Sioux Falls, South Dakota.
On the heels of 57 franchise sales records set in 2017, the franchise-owned Fazoli's locations closed out December with a 5.1 percent increase in same-store sales and a 2.5 percent increase in guest traffic, according to a company press release.
The brand has eight restaurant openings slated for the first two quarters of 2018, in San Antonio, Oklahoma City, Tampa, Florida and Columbus, Georgia, with plans to open several additional locations throughout the remainder of 2018. Fazoli's most recent franchise agreement signings include:
- 3 units in Atlanta, Georgia.
- 3 units in Detroit, Michigan.
- 3 units in greater Portland, Oregon.
- 1 unit in Mobile, Alabama.
- 1 unit in Prattville, Alabama.
"It's been an incredible year for Fazoli's as we expanded the brand across the country and our franchisees continued to see increased same-store sales growth," Carl Howard, president and chief executive officer of Fazoli's, said in the release. "We also invested back into the brand through our multi-million dollar restaurant renovations and the premium enhancements made to our menu. From our continued culinary innovations to our unlimited breadsticks and elevated table service, Fazoli's provides both guests and franchisees a value second to none in the elevated quick-service industry."
As part of the brand refresh last year, Fazoli's remodeled nine of its locations with a contemporary look and feel, including a modern interior redesign featuring communal tables and Wi-Fi bars. In addition, the company introduced an upgraded menu using premium ingredients and offerings such as tableside grated Parmesan, upgraded plateware, as well as new dishes such as Spicy Penne with Chicken or Sausage and Brownie Gelato Sundae, according to the release.
Howard said Fazoli's franchisees are experiencing nearly three times the industry average growth rate with new franchised restaurants continually setting new systemwide records. With nearly 220 restaurants in 27 states, Fazoli's is seeking multi-unit operators to join its franchise network and is targeting new growth in Florida, Georgia, Alabama, Tennessee, Kentucky and Ohio.
Topics: Franchising & Growth