Spicy Pickle Announces a 10 Store Franchise Agreement in Houston
Spicy Pickle fast casual restaurants today announced the sale of a multi unit restaurant development for Houston, TX, bringing the total number of franchises sold up to 123.
The development agreement includes the greater Metropolitan Houston area including Sugarland and calls for a total of ten (10) Spicy Pickle restaurants over the next several years.
Marc Geman, CEO of Spicy Pickle Franchising, Inc., commented: “We continue to have a lot of interest in Texas and already have two successful restaurants in Austin with a third under construction. Texas can support a large number of stores and demographically contains a huge population base of our ideal customers. We have interest from Dallas and San Antonio, and expect Texas to be a large, if not the largest state outside of Colorado in numbers of Spicy Pickle™ restaurants.”
Mr. Geman further commented, “Our new franchisee formerly operated a chain of funeral homes. While it may seem like an odd transition, there are in fact many similarities. Both business models are very customer service orientated. Our franchisee understands the competitive landscape of retail business. Having already operated a very successful chain, they are very well financed. They understand local marketing and have their staff working in the fast casual restaurant segment. They will be in a position to open restaurants as quickly as we can find suitable real estate. Our demographic program has already developed a model Spicy Pickle™ restaurant location to work in the Houston market.”
In combination with the 3 corporate stores and the 123 franchises sold to date, Spicy Pickle™ now has commitments for 126 units in total of which 36 are currently open.
About Spicy Pickle™:
Founded in 1999, Spicy Pickle Franchising, Inc. (OTCBB: SPKL) serves high quality meats and fine artisan breads, baked fresh daily, along with a wide choice of eight different cheeses, twenty-two different toppings, and fourteen proprietary spreads to create healthy and delicious panini and sub sandwiches with flavors from around the world. As a leading “fast-casual” concept, Spicy Pickle™ offers menu items that are far beyond traditional fast food — but without the price point of casual dining. The hallmark of a Spicy Pickle™ restaurant is quality, service and an enjoyable atmosphere. The company is headquartered in Denver, Colorado, with franchise locations now open across 12 states and many more in development nationwide.
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