- WHITE PAPERS
Noble Roman's Inc., the Indianapolis-based franchisor of Noble Roman's Pizza and Tuscano's Italian Style Subs, has provided an update on the continued expansion of its take-n-bake (TNB) concept, both in grocery stores around the country and with the standalone TNB franchise concept.
The company has signed four new stand-alone TNB franchise agreements in the last two weeks, bringing the total number of TNB units open or in development to 20. To date, seven of those units are currently open and 13 are under development or construction and expected to open during the next several months.
In addition, approximately 1,650 license agreements have been signed to date with grocery stores offering Noble Roman's Take-n-Bake pizza. Management continues to attend grocery trade shows to create awareness within the industry, including the International Dairy Deli Bakery Association trade show in Orlando in June.
"We have been extremely pleased with the initial reception to our take-n-bake concept, both for standalone franchises and grocery stores, and this has been reflected in the growth we've seen thus far in 2013," said Paul Mobley, chairman and CEO, Noble Roman's Inc. "Take-n-bake continues to be one of the fastest growing segments of the pizza industry, and Noble Roman's is at the forefront of this trend. We continue to grow our pipeline of franchise prospects for the stand-alone take-n-bake concept, and expect to have several others under development over the coming weeks."
Simultaneously, the company's non-traditional venues other than grocery stores continue to expand, and Noble Roman's has added 30 non-traditional franchise/license agreements thus far in 2013.
Read more about franchising and growth.