MADRID, December 2, 2016 /PRNewswire/ --
- It is the first European restaurant chain in the QSR
sector to set up in this country
- 200 stores will be opened over 10 years
- The company has recently announced other important
international operations in the UK, Malta, and Saudi Arabia.
- Telepizza operates on four continents with 1,342
stores serving more than 60 million customers and
with total sales of €506 million
Telepizza, the leading non-US pizza delivery company by number
of stores, announces its arrival in Iran in March
2017 via a strategic master franchise alliance with its
partner Momenin Investment Group and the objective of 200
stores in 10 years. This will mean opening some 20
establishments per year and an investment of €100 million in
ten years by MIG.
(Logo:
http://photos.prnewswire.com/prnh/20150317/735407-a )
(Photo:
http://photos.prnewswire.com/prnh/20161202/444999 )
The first store will be found in the country's capital,
Teheran, after which seven others will be opened
before the end of the year.
"The arrival of Telepizza in Iran is a major accomplishment in our
international expansion and represents a great opportunity for our
business. We are delighted to share the essence of our brand,
nothing less than offering pizza with a unique flavor at any time
or place, with Iranian consumers" remarks Pablo Juantegui,
Chairman and CEO of Telepizza.
"We are very satisfied to have found a travel companion
like Momenin Investment Group to begin our venture in
Iran, which promises to be very
interesting. We will be the first European chain in the QSR segment
to set up in this country, catering to the customers'
demand that went unmet up to this
point," states Giorgio
Minardi, International Chairman of Telepizza.
"Telepizza is a global brand that we are proud to be able to
introduce in Iran. A distinguished
brand concept with high degree of product innovation, excellence in
delivery and consumer technology, that will allow us to bring to
Iranian people which was missing today in the market: freshly
quality handmade pizzas, friendly and innovative delivered at a
great value to be enjoyed anywhere", explains Hadi
Momenin, representative of Momenin Investment Group.
Other recent international openings: The United Kingdom, Malta, Saudi
Arabia
On top of Telepizza's arrival to Iran, the company has announced other
important operations in terms of international expansion throughout
2016.
In this respect, Telepizza has made it known that it will open
80 stores in the UK over the next 10 years, alongside Karali
Ventures Limited, as well as develop a business plan that includes
300 new establishments in a decade, through the
collaboration of 20 franchisees.
Additionally, in Malta,
through the partnership with Joseph P.
Attard, the brand will have one store in the first
quarter of 2017 and three more in the next three
years.
As for Saudi Arabia, it
is already one of the countries with Telepizza establishments
following the recent inauguration of three stores in
Riyadh, the capital. They are the
first of 100 projected stores over a 10-year
period. In this case, the operation was carried out in
collaboration with Emtyaz Catering Company, a subsidiary of Al
Bayan Holding Group.
Telepizza, a successful international project
Since its arrival in Chile
in 1992, Telepizza's international expansion has not yet
stopped. 1,342 shops (456 company-owned and 886
franchisees and master franchises) are operating in 15
countries in Europe,
Asia, Africa and Latin
America, offering its products to more than 60
million customers with total sales of €506 million.
The company also has its own factories in six countries
(Spain, Portugal, Poland, Chile, Columbia and Peru) as well as master franchise factories
in six additional territories:
Saudi Arabia, United Arab Emirates, Central America, Russia, Bolivia, and Angola; and also has partner warehouses in
Ecuador and Poland.
Telepizza Group
We are the largest non-U.S.-based pizza delivery company in the
world by number of stores. Headquartered in Madrid, Spain, Telepizza operates in more than
15 countries through a network of own stores, franchisees and
master franchisees, with 1,342 stores globally, including 456 own
stores (34%) and 886 franchised and master franchised stores (66%)
as of 30 September, 2016.
Including our U.S.-based competitors, we are the fourth largest
global player in pizza delivery in terms of number of stores. We
are the market leader in our core markets by number of stores
(number one in Spain, Portugal, Chile and Colombia and number two in Poland).
The total sales within our network, including own stores,
franchisees and master franchisees, are recorded as chain sales,
which amounted to €506 million in the twelve months ended
30 September 2016, with an underlying
EBITDA of €63.4 million over the same period.
Telepizza listed on the Barcelona, Bilbao, Madrid and Valencia stock exchanges with its shares
starting trading on 27 April 2016.
The total number of shares is 100,720,679.
http://www.telepizza.com
More information:
Ketchum - Mónica Escusa / Ana
Moreno
Tlf.: +34-917883200
e-mail: prensa.telepizza@ketchum.es