News

Fazoli's rings in 2012 with record sales year

January 12, 2012

Fazoli’s wrapped up 2011 with record-setting sales increases, completing a 17-month streak in guest traffic and sales growth.

“During the second week of December, Fazoli’s overall same-store sales were up 18.1 percent – which set a new sales growth record for the 22-year-old brand,” said president and CEO Carl Howard. Other recent financial highlights include:

• Combined company and franchised comp-store sales were up 10.8 percent in December over 2010.
• Franchised location sales were up 22.4 percent the last week of December and 11.8 percent for the entire month.
• For the last quarter of 2011, combined sales grew 6.0 percent.

“This was Fazoli’s best quarter since 1999,” Howard said. “It shows guests and franchisees are embracing the big improvements we have made to our food, service and environment.”

In addition to overhauling and upgrading its menu, Fazoli’s now delivers meals to the dining room, and uses real plates and silverware in replace of Styrofoam plates and plastic utensils. The chain also has remodeled the majority of its restaurants, featuring a contemporary, bright design.

The company, which has 220 locations, expects to open at least eight new company- and franchised-owned restaurants in 2012. Its first travel center is scheduled to open in March on I-79 in Fairmont, W. Va.

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