Fazoli’s Ends Fiscal Year 2017 With Record-Breaking Results
The results are in, and they’re looking mighty fine for all the folks of the Fazoli’s franchise system. In fact, our fiscal year ended on March 31, 2017, with record-breaking results.
Talk about a grand finale! After 15 consecutive quarters of same-store sales growth at our franchise-owned restaurants, as announced this past January, we’re thrilled to add a sixteenth consecutive quarter to that lineup.
Beyond that, we also closed out the fiscal year with a number of agreements signed to open 30 new restaurants with 13 different franchise groups nationwide, including six brand new franchisees to the Fazoli’s family. Seven of these agreements will expand on existing franchise locations, creating multiple-unit systems run by the same franchise owner or group.
We said we wanted to tackle our expansion plan full-speed-ahead in 2017, and our impressive 550-percent growth rate for new agreements over last year is proof that we meant it!
According to our CEO and President Carl Howard, our fiscal 2017 results speak for themselves when it comes to the successes we’ve been able to accomplish this past year. In his words, we owe it all to “listening to customer feedback and working with our franchisees to achieve our mission of quality and hospitality in each of our restaurants,” but that’s not all Carl had to say:
“We set 78 new franchise sales records, which tells me Fazoli’s is delivering on our brand promise and has tremendous momentum going into this next fiscal year.”
This exciting news comes on the heels of our recent announcement to banish all artificial sweeteners, flavors, preservatives and colors from our entire food menu — making Fazoli’s the first national brand under 1,000 units to offer completely clean eats by June 19!
As you can see, there’s a ton of excitement and growth happening franchise-wide, and we’re looking for potential franchise owners just like you to share in all the glory!
If you’re ready to get out there and break some records of your own, take advantage of our current expansion incentive program before it’s too late! Contact Sam Nelson at 1-800-446-4368 to discuss additional franchise opportunities or fill out our information request form online. And, don’t forget to read through the full press release on PR Newswire.
- Our franchisees are enjoying record sales with over two years of same store sales growth!
- Flexible footprint with inline, freestanding, and conversion options.
- Highly regarded by customers and the foodservice industry.
- Recently expanded Real Estate support.