Sept. 30, 2009
Papa Bello has announced that the company has filed the necessary paperwork to register its franchise in the states of Maryland, Virginia and California. The registration process is expected to take a few weeks, pending individual state review, comment and due diligence.
According to Papa Bello, the past two years, these chosen areas have been relatively insulated from the roughest aspects of the recession, due to the high concentrations of federal and state government agencies, universities, health care conglomerates and military installations. In addition, the state of California boasts the eighth largest economy in the world, and the recent resetting of some commercial real estate prices offers enhanced leasing opportunities.