The Bensalem-based Papa Johns franchisee, Pie Investments, is gearing up for another round of growth in Greater Philadelphia, coming on the heels of a major push that already doubled its number of locations in recent weeks, writes Emma Dooling for the Philadelphia Business Journal.
The franchisee will open five Papa Johns stores next year in Philadelphia, including in South Philadelphia and Port Richmond.
“It’s mainly the inner city arteries, where we’re just trying to increase Papa Johns’ exposure within the urban settings,” said Pie Investments partner and COO Chris Patel.
The new stores will bring Pie Investments’ presence in Greater Philadelphia to 40 locations, giving the group a sizable share of the roughly 70 Papa Johns shops operating across the region.
The expansion planned for next year comes after the franchisee acquired 85 Papa Johns in November from a Papa John’s International and Colonel’s Limited joint venture, along with 12 additional stores from other franchisees that same month.
With 97 locations across the mid-Atlantic, the Bucks County-based franchisee now manages a total of 167 stores, which is a 139 percent jump from its previous 70.
Read more about Pie Investments’ plans for expansion into the Greater Philadelphia area in the Philadelphia Business Journal.
_______
