We're looking forward to growing from here!" "While 2020 has been filled with hurdles, it's been one of the most rewarding and successful years in the history of the organization. I am incredibly grateful for the commitment and support of our franchise partners and their teams for their dedication to helping Capriotti's safely serve communities across the country," said Ashley Morris, CEO of Capriotti's. "This year has presented a unique set of challenges for restaurants nationwide and Capriotti's was no exception. Reported best in class double-digit same-store sales increases throughout the year - solidifying Capriotti's financial performance in the top 2% of the entire restaurant industry.Signed 24 multi-unit franchise agreements to bring a total of 106 new restaurants across the United States in the coming years in new markets like Miami, Philadelphia, Denver, New York City and more.Opened 18 high-performing new shops this year – many during the midst of the pandemic - marking 115 shops open with an additional 210 in development, 30+ of which will open in 2021.Partnered with Reef Kitchens to open the first vessel in Baltimore.Ghost kitchen franchises are already open and under development in Columbus, OH, Baltimore, Philadelphia, Portland, Austin and Miami. Opened the brand's first corporate ghost kitchens in Los Angeles and Pasadena, CA introduced the ghost kitchen franchise opportunity enabling franchise partners to satisfy a growing consumer demand for delivery, catering and online ordering while avoiding brick and mortar shop rental rates.Introduced virtual brands that serve reimagined versions of extraordinary classic subs to fans through online delivery platforms like GrubHub, Postmates and DoorDash.Rolled out the first Impossible Meat Cheese Steak and partnered with Snake River Farms to introduce a new line up of American Wagyu beef subs at shops across the nation. Capriotti's has remained committed to innovation, growth and profitability which continues to propel the brand forward as it closes out another record year on all fronts. Capping off of an impressive year, the Wing Zone acquisition marks a momentous turning point for the fast-casual brand and continues to cement the fan-favorite sandwich shop's place at the forefront of the industry.Įven amidst the pandemic, Capriotti's achieved incredible success in 2020, quickly overcoming never-before-seen obstacles impacting the restaurant industry and providing its franchise partners second-to-none support from start to finish. 4, 2021 /PRNewswire/ - Capriotti's Sandwich Shop, the award-winning national restaurant franchise, announced today that it has finalized the acquisition of the QSR industry's rising star, Wing Zone – a fast-casual brand serving made-to-order, flavor-packed chicken wings designed as the perfect delivery food.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |