Pizza Inn announces multi-unit agreement in Bahrain
Pizza Inn, Inc. (NASDAQ:PZZI) today announced the signing of a multi-unit development agreement to open up to 20 new units in the country of Bahrain over the next 10 years in a continuation of the brand's expansion throughout the Middle East. Pizza Inn has awarded a territorial franchise agreement to the Attyab Al Bahrain Catering Company and Eastern Retail Services Company W.L.L., both owned by the Sheikh Terki Al Khalifa Group of Companies. Initially, the group is converting its former Domino's Pizza® locations to Pizza Inn restaurants in Bahrain.
The Sheikh Terki Al Khalifa Group of Companies is led by Sheikh Terki Al Khalifa, owner of the Crepe Café franchise & partner in Cementatia General Trading, UAE since 2006.
"We are proud to partner with the Al Attyab Al Bahrain Catering Company in Bahrain," stated Ward Olgreen, Senior Vice-President of Worldwide Franchising. "Their experience in the pizza category combined with our commitment to quality and customer satisfaction makes this a very formidable partnership."
"We are extremely excited about our future with Pizza Inn," stated Sheikh Terki Al Khalifa. "We know that families in Bahrain will love every aspect of Pizza Inn, whether they enjoy our made-from-scratch pizzas at home or in our restaurants."
The new partnership with the Al Khalifa Group will also utilize the support services of United Food Company, Pizza Inn's master licensee for Saudi Arabia and Qatar and a part of the Abdulla Abunayyan Group of Companies.
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