VANCOUVER, British Columbia — The head office of Canadian pizza chain Panago Pizza inducted 24 franchisees into the chain's Million Dollar Club, the most new members in the chain's 20-year history.
Inclusion in the club was based on achieving $1 million in sales for 2006 and surpassing the standards that the company's head office sets for its stores.
Arvinder Kaler, a Panago franchisee who opened his first Calgary store in 1991, was the recipient of the company's Operational Excellence Award. Two of his four stores became members of the Million Dollar Club.
Panago Pizza currently has 159 stores in British Columbia, Alberta, Saskatchewan, Manitoba and Ontario. In 2006, Panago's system-wide sales exceeded $120 million.