News

Fazoli's inks 7-unit development deal

November 1, 2011

Fazoli’s has announced commitments for seven new restaurants to be opened in the areas of West Virginia, Ohio and Indiana through the signing of the three new developments deals.

The newest franchisees are Par Mar Stores in West Virginia and Ohio, TeCaSe of Murray, Ky., and CCreations of New Whiteland, Ind.

The first Fazoli’s unit in a travel plaza is set to open around the beginning of 2012 through a strategic partnership with Par Mar Stores, a division of Par Mar Oil Co. The 1,500-square-foot unit will offer seating as well as carryout and drive-thru services. It is under construction in Fairmont, W.Va.

Par Mar has a three-unit development agreement with Fazoli’s and is planning to open the remaining two in 2012 and 2013. It is exploring additional development of smaller Fazoli’s units in more of its 50 locations, said Sandra Morgenstern, Par Mar president and chief operating officer.

The third new agreement is for three units in greater Indianapolis, signed by Chintu Patel and his wife Jigna of CCreations, LLC.

“The adding of three new franchisees to the Fazoli’s system is just another signal of the re-emergence of this great brand,” said Carl T. Howard, president and chief executive officer. “Not only does it show that the Fazoli’s is relevant again but that sophisticated entrepreneurs truly recognize that Fazoli’s is a great business investment.”

Under Howard's leadership, Fazoli’s has been repositioned and has experienced comparable store-sales growth averaging more than 3 percent for the last 15 months.