Telepizza Selects an Experienced QSR Operator as Its First Master Franchisee to Open the UK Market
Telepizza Selects an Experienced QSR Operator as Its First Master Franchisee to Open the UK Market
PR64487
MADRID, May 19, 2016 /PRNewswire=KYODO JBN/ --
- Telepizza chooses "Karali Ventures LTD", as its first key master franchisee
strategic partner who will open 80 stores in the UK
- Telepizza strategy is to open a minimum of 300 stores in the UK in the next
10 years, with 20-30 regional master franchisees
Telepizza, the largest non-U.S.-based pizza delivery company in the world by
number of stores, is pleased to announce its first master franchisee
partnership with Karali Ventures Limited in the UK, which will be opening 80
new stores within the next ten years. The first stores will be opened in late
2016.
(Logo: http://photos.prnewswire.com/prnh/20150317/735407-a )
(Photo: http://photos.prnewswire.com/prnh/20160519/369766 )
Pablo Juantegui, Executive Chairman of Telepizza, welcomes Mr. Salim
Janmohamed, Chairman & Managing Director at Karali Group, a group of companies
specialised in the QSR industry, which is one of the largest Burger King
operators in the UK and has developed other brands, including Chamama,
Traditional Favourites, Caffe Italiano, and Cafe Select. The Group has an
incredible track record of success over 30 years in the food and beverage
business.
"We are very pleased to announce our first UK master franchisee partner, which
marks an exciting step in our expansion into the UK market. Our international
expansion is gaining momentum after a strong launch, which has been reinforced
by international partners who are interested in growing our brand globally,"
explained Pablo Juantegui, Executive Chairman of Telepizza.
Giorgio Minardi, President of International at Telepizza said: "We are very
fortunate and pleased to have Mr. Salim Janmohamed join our organization. His
impressive leadership and knowledge of the UK market will be instrumental for
us to open up the market for our Brand and our other master franchisees."
Plans to open 300 stores in the next 10 years
Telepizza plans to open a minimum of 300 stores, with 20-30 franchisees, that
will develop 30 regional markets around the UK within the next ten years.
Telepizza supports every franchisee with its know-how, continued training and
the solidity of its brand, acquired over almost three decades of operational
excellence. Telepizza also safeguards quality standards, managing the entire
process from factory to consumer.
Approximately 35% of Telepizza stores worldwide are owned and operated by
Telepizza, while around 65% are owned by its business partners (franchises and
master franchises)
Mr. Salim Janmohamed, Chairman & Managing Director at Karali Group said: "I am
really looking forward to introducing Telepizza to the UK market and I am
confident that the brand will receive a warm welcome using fresh ingredients in
pizzas that are handmade on demand for the UK consumer, which is what is
missing in the pizza delivery business."
International strategy
Telepizza's international strategy is focused on growth in markets where it is
currently operating, exploring new business opportunities, and entering new
markets via master franchises.
Currently, the company is present in 15 countries and its international chain
sales exceed 30% of the total.
Note to Editors
Telepizza is the largest non-U.S.-based pizza delivery company in the world by
number of stores. Headquartered in Madrid, the Company offers a variety of
pizza and complementary products that combine consistent flavours across
countries with a focus on local adaptation and innovation in the markets where
it operates.
Telepizza operates in 15 countries with its own brand throughout Europe (Spain,
Portugal and Poland), Latin America and other geographies mostly through master
franchise agreements. As of December 2015, the company has a network of 1,311
stores (461 own stores and 850 franchised and master franchised stores) and
employs a vertically-integrated business model throughout seven dough
production facilities.
In 2015, the Group recorded EUR491.8 million in chain sales and EUR57.7 million
in EBITDA.
Media contacts
Kreab - T. +34-917027170
Susana Sanjuan / ssanjuan@kreab.com / M. +34-677-946-805
Francisco Calderon / fcalderon@kreab.com / M. +34-654-642-160
Luis Meseguer / lmeseguer@kreab.com
Source: Telepizza
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