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31 stores added to Pizza Pizza royalty pool

Pizza Pizza Royalty Corp. and Pizza Pizza Limited, Toronto, Ontario, Canada-based companies, announced that effective Jan. 1, the number of stores paying royalties to the company via PPL expanded to 31, the number of new stores opened in 2014.

February 6, 2015

Pizza Pizza Royalty Corp. and Pizza Pizza Limited, Toronto, Ontario, Canada-based companies, announced that effective Jan. 1, it expanded the number of stores paying royalties to the company via PPL to 31, the number of new stores opened in 2014.  

The Royalty Pool is adjusted annually on Jan. 1 to include the forecasted system sales from the net restaurants added to the royalty pool. PPL is compensated in equivalent shares, the company said in the announcement.