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Pizza Pizza Royalty Corp T.PZA

Alternate Symbol(s):  PZRIF

Consumer Cyclical Restaurants
Pizza Pizza Royalty Corp., through Pizza Pizza Royalty Limited Partnership (the Partnership), owns the trademarks, trade names and other intellectual property used by Pizza Pizza Limited (PPL) in its Pizza Pizza and Pizza 73 restaurants and in its international franchising business. PPL is a privately held company that provides service and operational support to restaurant operators. Pizza Pizza is a franchise-oriented restaurant business operating primarily in the province of Ontario, in which it leads the pizza quick service restaurant (QSR) segment. Of the 652 Pizza Pizza restaurants, 646 are franchised or licensed, and six are owned and/or managed as corporate restaurants. Of the 652 restaurants, 197 are non-traditional locations which have limited operating hours and a limited menu. There are about 100 Pizza 73 locations operating in the QSR segment, principally in the province of Alberta. The Pizza 73 business also includes a central food distribution center in Edmonton.


TSX:PZA - Post by User

Pizza Pizza Royalty Corp > PZA signs master franchise agreement to expand into Mexico
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Post by kijijion Dec 02, 2021 8:10am
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Post# 34188974

PZA signs master franchise agreement to expand into Mexico

PZA signs master franchise agreement to expand into Mexico
TORONTO - Pizza Pizza Ltd. has signed a deal that will see the restaurant chain expand into Mexico next year.
 
The company says it has signed a master franchise agreement with Guadalajara-based KSG/GrnCorp.
 
Pizza Pizza chief executive Paul Goddard says KSG/GrnCorp is a long-standing business leader in Mexico, with expertise in restaurants and real estate.
 
KSG will be responsible for developing and growing the restaurants in Mexico.
 
KSG operates Arby’s in Mexico as well as in-house brand Papas Topper.
 
Pizza Pizza has restaurants across Canada under the Pizza Pizza and Pizza 73 banners.
 
This report by The Canadian Press was first published Dec. 1, 2021.
 
Companies in this story: (TSX:PZA)
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