Global Franchise Group takes a slice of Round Table Pizza brand
18 Sep 2017 --- Strategic brand management company Global Franchise Group (GFG) has acquired the Round Table Pizza brand and all of its affiliated concepts (Round Table Pizza, Round Table Clubhouse and Round Table Pizza Wings Brew). The acquisition of this leading US pizza franchise increases GFG's systemwide sales to close to US$1 billion and expands the brand building company's footprint to more than 1,500 stores – domestic and international.
GFG is also the franchisor of Great American Cookies, Hot Dog on a Stick, Pretzelmaker, and Marble Slab Creamery/MaggieMoo's Ice Cream & Treatery, while Round Table has 440 US locations in seven states, as well as 10 international locations.
“Global Franchise Group has successfully grown both organically and via acquisition. We know how to champion brands and operate and support profitable concepts to take them to the next level. Round Table Pizza is an iconic pizza brand with a loyal consumer base, a strong franchise community and superior products – consistent with everything Global Franchise Group stands for,” says Chris M. Dull, President and CEO of Global Franchise Group.
“We have high expectations for Round Table's integration into GFG as it's a 'center of the plate' concept, has over US$1 million in AUVs for its traditional dine-in concept, and has potential to integrate into our manufacturing facility in Atlanta.”
By acquiring Round Table Pizza, GFG increases its West Coast presence and boosts its corporate store vertical adding 70 new stores for a total of 140 locations. GFG plans to invest in menu and technology innovations, building out franchisee support, developing people and remodeling restaurants.
GFG has a proven track record of acquiring and building brands and Round Table Pizza will benefit from the organization's franchising expertise and GFG will utilize its category-leading brand synergies to drive sales, grow the Round Table business and add to the success of the GFG portfolio.
“Round Table Pizza has become a standard in the industry and Global Franchise Group's acquisition of our famous and respected brand provides market validation of a tremendous accomplishment by our employees, franchisees and everyone involved in the success of Round Table Pizza,” said Rob McCourt, CEO and President of Round Table Pizza.
Jack Robertson, Chairman of the Board of Round Table Pizza adds: “Round Table employee owners have seen a dramatic increase in their equity over the last six years and this deal allows them to reap the rewards of their hard work and dedication to making Round Table pizza what it is today and getting the brand to this moment.”
