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RAVE Restaurant Group [NASDAQ: RAVE] is the home of two exciting brands: Pie Five Pizza Co., the nation`s leading fast casual pizza company, and Pizza Inn, one of the nation`s first dine-in pizza chains. Formerly known as Pizza Inn Holdings, Inc., RAVE is a reflection of the company`s transformation from a single-branded restaurant company to a multi-brand portfolio group comprised of world-class restaurant operators. Pie Five is setting the standard in the fast casual pizza segment with solid unit-level economics, double-digit comps and a strong pipeline of new corporate and franchise stores. More than 100 company-owned units are slated to open over the next 4-5 years, and total franchise store commitments will take them well over 400 restaurants in that same period. Our flagship Pizza Inn brand currently operates more than 250 restaurants domestically and internationally. Pizza Inn has recorded two consecutive quarters of growth, and those trends are expected to continue. We have developed a strong partnership with our franchise leadership, and we are building the infrastructure to support consistent growth and performance. Any way you slice it, RAVE Restaurant Group is a formidable player in the highly competitive, constantly evolving restaurant industry.
Headquartered in Detroit, Michigan, Little Caesars was founded by Mike and Marian Ilitch in 1959 as a single, family-owned restaurant. Today, Little Caesars is the third largest pizza chain in the world, with stores in each of the 50 U.S. states and 27 countries and territories. Little Caesars recently introduced contactless options for both delivery and carry-out through the Little Caesars app. Pizzas are baked in 475-degree ovens to ensure food safety and never touched after baking. The chain has also reinforced cleanliness and sanitization procedures, increasing the frequency of cleaning commonly touched surfaces including door handles, glass, countertops, Pizza Portal surfaces, phones, and cash registers. Known for its HOT-N-READY® pizza and famed Crazy Bread®, Little Caesars has been named “Best Value in America” for the past twelve years (based on nationwide survey of national quick service restaurant customers conducted by Sandelman & Associates - 2007-2019 entitled “Highest Rated Chain – Value for the Money”). Little Caesars products are made with quality ingredients, like fresh, never frozen, mozzarella and Muenster cheese and sauce made from fresh-packed, vine-ripened California crushed tomatoes. An exceptionally high growth company with 60 years of experience in the $145 billion worldwide pizza industry, Little Caesars is continually looking for franchisee candidates to join our team in markets around the world. In addition to providing the opportunity for entrepreneurial independence in a franchise system, Little Caesars offers strong brand awareness with one of the most recognized and appealing characters in the country, Little Caesar.
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