Friday, September 17, 2010

Toppers taps Five Guys vet for franchising role

Nation’s Restaurant News recently published an article about Toppers Pizza’s new growth strategy moving into the next decade. Toppers plans on taking the 26-unit eclectic pizza chain to 500 units by 2020. How will they get there? With the help of experienced franchise guru, Brett Larrabee, a former member of the franchise development team at Five Guys Burger and Fries and Panchero’s Mexican Grill. Read a portion of the article below or check out the full story here.

Toppers taps Five Guys vet for franchising role
Regional pizza chain has goal of having 500 stores in 10 years

Toppers Pizza has hired a franchising expert, most recently from Five Guys, to spearhead its own expansion plans, which include growing the 20-year-old chain from its current 26 units to 500 by 2020.

Brett Larrabee, the fast-casual pizza chain’s new director of franchise development, most recently was director of New York City operations for Five Guys Burgers & Fries, which has undergone rapid expansion over the past few years. Before Five Guys, Larrabee was director of franchising at Pancheros Mexican Grill in Coralville, Iowa, and before that he was a Subway franchisee.

Larrabee said he moved to Whitewater, Wis., to join Toppers because he liked the economics of the restaurants, which in 2009 had average unit sales of $966,000 and $186,250 in profit — a margin of more than 19 percent.

“There are few opportunities that have strong economics that are consistent and viable,” Larrabee said, pointing to the chain’s 20-year track record as an asset. (Read more)

1 comment:

  1. I've known Brett for a number of years it he is a class act and incredibly knowledgable.

    I'm sure this will be a VERY successful venture!

    Jody

    ReplyDelete