The Arizona-based chain of pizza restaurants, Peter Piper Pizza has plans on expanding their franchise. This time, they are not just looking to expanding within the state. They have set their eyes on expanding their franchise so that they can have a presence on the national level.
Peter Piper Pizza has more than a hundred franchise and more than 30 company owned stores already. Those stores can be found in Arizona, New Mexico, Texas and even Mexico. Now, people behind the company are planning on reaching out to other states.
The people who are making plans for the company are looking at the possibility of them adding more than 50 stores by 2019. They have set their sights on five states to be included into the fold. The states that they are planning to have a presence on are Idaho, Kansas, Colorado, Utah and Oklahoma.
Charles Bruce, who is the CEO and also the president of the company has mentioned that he would also like to have a presence in Las Vegas. There was a store there before but it was closed because of the financial crisis.
With the prospect of economy and of his company beginning to look better than ever, Bruce is confident that they can make a comeback in Vegas.The franchise fee for Piper Pizza ranges from $20,000 to $40,000. The amount is actually determined by the number of stores involved. They plan to entice investors with their proven business model.
On top of expanding the reach of their franchise, they are also renovating their company owned stores. They are not just doing it all at the same time since that would require a huge budget and they cannot afford to do that just yet. Their target is to have all the stores remodeled by the end of the year.
