Marco’s Pizza® Awards 86 Franchises Fueling Strategic Development and Expansion

  • 2023 results in 86 franchises awarded alongside nearly 80 new store openings
  • Multi-unit growth guides the 2024 strategy with more than 4,000 potential U.S. locations identified for development
  • Company leadership leans into international and corporate store expansion in 2024

TOLEDO, Ohio, Jan. 30, 2024 /PRNewswire/ — Marco’s Pizza, one of the nation’s fastest-growing pizza brands, closes out 2023 amid an impressive development year awarding 86 franchises and opening nearly 80 new stores. These achievements have set the stage for considerable expansion in 2024 with company leadership identifying more than 4,000 potential U.S. locations in addition to vast international opportunity that is catching the attention of operators and the investment sector looking to grow and diversify their portfolios.

Marco’s strategy continues to combine its renowned high-quality product that provides the basic foundation to scale, a strong business model, a knowledgeable leadership team, strategic partnerships, multi-channel national advertising, and a commitment to new technology and innovation – all to meet the needs of today’s modern customer.

Notable 2023 achievements include:

“Marco’s continues to prove itself as one of the fastest growing and most innovative pizza brands in the country with no intention of slowing down,” said Co-CEO & President, Tony Libardi. “We’re at the forefront as the industry continues to evolve with consumer needs and growing market changes. In the year ahead, we’ll continue to prioritize monumental growth, advancements in technology, and above all, our commitment to delivering a superior quality product and customer experience.”

Marco’s 2024 development strategy will center around multi-unit growth as leadership prioritizes franchisee relations and operational support with nearly half of its current franchise network comprised of multi-unit operators. Other key areas of opportunity lie in capitalizing on franchise growth in the nontraditional sector alongside international expansion, with near-term opportunities existing in the LATAM region and future sights set overseas.

As franchise development continues, leadership prioritizes a strong development support system, including technology and tools to help identify territories for expansion, plus support in real estate, construction management, field operations, and information related to financing. FRANdata, a leading research and advisory firm that analyzes the franchise market, reports Marco’s 2023 FUND Score of 895 is in the top 1% of all evaluated franchise systems and is among the top three scores for all QSR brands.

The brand’s impressive performance has earned multiple awards and recognition: Ranking in Newsweek’s 2023 America’s Best Customer Service in the pizza chains category, earning a spot on QSR’s Top 50, appearing on Nation’s Restaurant News’ prestigious Top 500 ranking, and most recently claiming the No. 48 spot on Entrepreneur’s 2024 Franchise 500® ranking.

According to the brand’s Franchise Disclosure Document, the Top 50% of Marco’s franchised stores generated average net royalty sales of $1,222,684 during the 2022 fiscal year*.

For more information on Marco’s Pizza franchise opportunities, visit https://www.marcos.com/franchising/ or call 866-731-8209.

ABOUT MARCO’S PIZZA
Headquartered in Toledo, Ohio, Marco’s Pizza is one of the fastest-growing pizza brands in the United States. Marco’s was founded in 1978 by Italian-born Pasquale (“Pat”) Giammarco and thrives to deliver a high-quality pizza experience, known for its dough made from scratch and its three fresh signature cheeses. The company has grown from its roots as a beloved Ohio brand to operate over 1,200 stores in 34 states with locations in Puerto Rico and the Bahamas. Most recently, Marco’s Pizza was ranked No. 51 on Entrepreneur Magazine’s 2023 “Franchise 500” ranking. Other recent accolades include a high ranking on Newsweek’s 2023 “America’s Best Customer Service” in pizza chains list, earning a spot on QSR’s Top 50, and being featured on Nation’s Restaurant News’ prestigious “Top 500” ranking.

*Based on the Average Sales Volume of the top 50% of our Franchised Stores for our fiscal year 2022. Based on our fiscal year 2022, 160 of 414 Franchised Stores in the category (or 39%) met or exceeded this average. This information appears in Item 19 of our 2023 FDD – please refer to our FDD for complete information on financial performance. Results may differ. There is no assurance that any franchisee will perform as well.

SOURCE Marco’s Pizza

Originally published at https://www.prnewswire.com/news-releases/marcos-pizza-awards-86-franchises-fueling-strategic-development-and-expansion-302048139.html
Images courtesy of https://pixabay.com