Fazoli’s Trumpets Great Year-End Numbers
Things have been going well at Fazoli’s as the quick-service Italian chain continues its growth streak after some dark times several years ago. The company just announced an increase in same-store sales and foot traffic, as well as the signing of six new development agreements for new stores in several different states.
Click HERE to check out my in-depth interview with President and CEO Carl Howard from 2016—as many of the plans he outlined have now come to fruition.
Not slowing down in 2018, the brand has eight new restaurant openings slated for the first two quarters of the year, in markets such as San Antonio, Oklahoma City, Tampa, and Columbus, Georgia, with plans to open several additional locations throughout the remainder of 2018.
Fazoli's most recent franchise agreement signings include:
- Three units in Atlanta, Georgia
- Three units in Detroit, Michigan
- Three units in greater Portland, Oregon
- Single unit in Mobile, Alabama
- Single 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," said Carl Howard, president and CEO of Fazoli's. "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 new, contemporary look and feel, including an 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.
As a testament to its success, 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 currently seeking multi-unit operators to join its successful franchise network, and is targeting new growth in Florida, Georgia, Alabama, Tennessee, Kentucky, Ohio, Indiana, Michigan and Texas.