Restaurant & QSR Expansion Report

Ten Pies Makes it Three…..

In mid-January, Ten Pies LLC opened its first Pie Five Pizza restaurant in Orlando, the chain’s third in Florida. The latest restaurant opened at the University Terrace plaza near Rouse Rd., a mile west of the University of Central Florida. Based in Daytona Beach, Ten Pies LLC holds the rights to open up to ten restaurants in the Orlando, Melbourne, Daytona Beach and Gainesville markets. Ten Pies is owned by entrepreneur L. Gale Lemerand, one of the co-founders of Stonewood Grill & Tavern restaurants. After signing the multi-unit agreement in March 2013, in January 2014, Ten Pies opened its first Pie Five in Port Orange and in September, it also brought Pie Five’s menu of handcrafted specialty pies to Daytona near the International Speedway. At the fast-casual restaurants, guests can choose from more than a million combinations of handcrafted personal pizzas and a variety of specialty pie choices. Add a hand-made salad and dessert, prepared fresh every day, and the entire meal will be ready in less than five minutes. The rapidly expanding chain is capitalizing on growing consumer demand for fresh dining options and artisan pizzas in stylish environments without the wait.  Blake Hunter at SRS Real Estate Partners is handling the site selection for Ten Pies LLC.


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CATEGORY:  Quick Casual

Chain Name:  Pie Five Pizza Co

Company Name:  RAVE Restaurant Group Inc.

Street Address:  3551 Plano Parkway, The Colony, Texas  75056

Telephone:  877/574-9924  & 800/880-9955     Fax:

Email:   media@raverg.com                         Website:   www.piefivepizza.com

Menu Specialty:  Hand crafted pizza with multiple ingredient combinations and four crusts in five minutes.  Eat in and take-out services

Introduced:   2011

No. of Locations:  Over 30 in 14 states and about 400 under development

Areas of Operation:  United States

Types of Locations:  Street, Mixed use developments.

Chain Type (corp., franchise, jv):  Franchise

Size Req’d:  2000 to 2200 sq.ft. with about 70 seats

Special Requirements (patio, drive-thru, etc):  Upscale, urban neighborhoods. Ideal frontage of 30 ft. Population of 50,000 or more within three miles, daytime population of 25,000 plus within three miles.

Contact Name:   Randy Gier – CEO
Timothy Mullany – CFO
Chris Smith – Sen Vice President, Operations
Perry Jones – Vice President, Real Estate
Katy McGee, PHR – Vice President, People Department

REAL ESTATE REPRESENTATIVE:

FRANCHISE REPRESENTATIVE:

PARENT Company:  RAVE Restaurant Group Inc., The Colony, Texas

Related Chains:  Pizza Inn

Last Report:  Restaurant & QSR Expansion Report #128           Last Update:

NOTES, NAMES & NUMBERS:

 

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CATEGORY:  Quick Casual

Chain Name:  Pie Five Pizza Co

Company Name:  Ten Pies LLC (franchisee)

Street Address:  810 Fentress Ct., Daytona Beach, Florida 32117

Telephone:                            Fax:

Email:                           Website:   www.piefivepizza.com

Menu Specialty:  Hand crafted pizza with multiple ingredient combinations and four crusts in five minutes.  Eat in and take-out services

Introduced:  

No. of Locations:  Three Pie Five Pizza restaurants in Port Orange, Daytona and Orlando.

Areas of Operation:  Orlando, Melbourne, Daytona Beach and Gainesville markets

Types of Locations:  Street, Mixed use developments.

Chain Type (corp., franchise, jv):  Franchise

Size Req’d:  2000 to 2200 sq.ft. with about 70 seats

Special Requirements (patio, drive-thru, etc):  Upscale, urban neighborhoods. Ideal frontage of 30 ft. Population of 50,000 or more within three miles, daytime population of 25,000 plus within three miles.

Contact Name:   L. Gale Lemerand – Principal
Libor Vitu – Vice President & COO
Kevin Ringueberg – Director, Training & Development/GM

REAL ESTATE REPRESENTATIVE:  Blake Hunter, SRS Real Estate Partners, 200 South Orange Ave., Suite 1300, Orlando, Florida 32801 (dl: 407/455-5025 cel: 850/264-2159 email: blake.hunter@srsre.com)

FRANCHISE REPRESENTATIVE:

PARENT Company:  Pizza Inn Holdings Inc., The Colony, Texas

Related Chains:  Pizza Inn

Last Report:  Restaurant & QSR Expansion Report #128           Last Update:

NOTES, NAMES & NUMBERS:

 

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