Seasoned Franchising Group Diversifies their
Portfolio with One of the Nation's Fastest-Growing Pizza
Brands
TOLEDO,
Ohio, April 30, 2024 /PRNewswire/ -- Marco's
Pizza, one of the nation's fastest-growing pizza brands, announces
a 15-unit signed development agreement, strengthening the
Ohio-based company's presence
across the Midwest. The agreement covers the resale of nine
locations in northwest Ohio and
the opening of 15 new locations in that same area and northeast
Indiana.
The franchise group behind this signed agreement is a
multi-unit, multi-brand group of business partners named Grube,
Inc. Founded by Steve Grube who
bought his first Buffalo Wild Wings over 20 years ago, the group
has grown exponentially through multiple resale acquisitions and
new location developments. Now, Grube Inc.'s food service portfolio
includes 67 Buffalo Wild Wings locations in eight states and one
Rusty Taco location in Maumee,
OH.
As longtime customers of Marco's Pizza, Grube's leadership team
knew the concept, the quality product, and proven business model
aligned with their investment goals. The nine resale locations in
the signed agreement were purchased from an existing owner, setting
the Grube team up for an accelerated entry to a market where
Marco's has an existing presence.
"I have the utmost confidence in this new journey with Marco's
Pizza, as our team is committed to upholding the traditions of
quality products, fresh ingredients, and a tight-knit community
that makes Marco's so special," stated Steve Grube, President of Grube, Inc. "This deal
marks a significant milestone for the Grube team as we enter the
pizza market and expand our portfolio to reach more than 75 units,
while deepening our footprint in the Midwest."
Marco's 2024 development strategy will center around multi-unit
growth as leadership prioritizes franchisee relations and
operational support with nearly half of its current franchise
network comprised of multi-unit operators. Other key areas of
opportunity lie in capitalizing on franchise growth in the
nontraditional sector alongside international expansion.
"In alignment with our development strategy for multi-unit
growth, this signed agreement puts Marco's on the fast track to
reaching our growth goals," said Gerardo
Flores, Chief Development Officer of Marco's
Pizza. "The Grube team is a remarkable addition to the
Marco's as they have a proven track record of elevating other
brands in their portfolio. We look forward to watching them foster
sustained growth in new and existing markets."
As franchise development continues, leadership prioritizes a
strong development support system, including technology and tools
to help identify territories for expansion, plus support in real
estate, construction management, field operations, and information
related to financing. FRANdata, a leading research and advisory
firm that analyzes the franchise market, reports Marco's 2023 FUND
Score of 895 is in the top 1% of all evaluated franchise systems
and is among the top three scores for all QSR brands.
The brand's impressive performance has earned multiple awards
and recognition: Ranking in Newsweek's 2023 America's
Best Customer Service in the pizza chains category, earning a spot
on QSR's Top 50, appearing on Nation's Restaurant
News' prestigious Top 500 ranking, and most recently claiming
the No. 48 spot on Entrepreneur's 2024 Franchise 500®
ranking.
According to the brand's Franchise Disclosure Document, the Top
50% of Marco's franchised stores generated average net royalty
sales of AUV $1,208,653 during the
2023 fiscal year*.
For more information on Marco's Pizza franchise opportunities,
visit https://www.marcos.com/franchising/ or contact
Beth Heminger at
bheminger@marcos.com, 866-731-8209.
ABOUT MARCO'S PIZZA
Headquartered in
Toledo, Ohio, Marco's Pizza is one
of the fastest-growing pizza brands in the United States. Marco's was founded in 1978
by Italian-born Pasquale ("Pat") Giammarco
and thrives to deliver a high-quality pizza experience, known
for its dough made from scratch and its three fresh signature
cheeses. The company has grown from its roots as a beloved Ohio
brand operates approximately 1,200 stores in 34 states with
locations in Puerto Rico and the
Bahamas. Most recently, Marco's
Pizza was ranked No. 48 on Entrepreneur Magazine's 2024 "Franchise
500" ranking. Other recent accolades include a high ranking
on Newsweek's 2023 "America's Best Customer Service"
in pizza chains list, earning a spot on QSR's Top 50,
and being featured on Nation's Restaurant News' prestigious "Top
500" ranking.
*Based on the Average Sales Volume of the top 50% of our
Franchised Stores for our fiscal year 2023. Based on our fiscal
year 2023. 185 of 447 Franchised Stores in the category (or 41%)
met or exceeded this average. This information appears in Item 19
of our 2024 Franchise Disclosure Document ("FDD") - please refer to
our FDD for complete information on financial performance.
Individual results may differ. There is no assurance that any
franchisee will perform as well.
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SOURCE Marco's Pizza