News
Fla. firm buys 91 Pizza Hut locations
January 10, 2010
Orlando, Fla.-based CFL Pizza LLC has purchased 91 area Pizza Hut restaurants in a $35 million deal.
According to an article in the Orlando Business Journal, the acquisition took place Dec. 7 and now places responsibility for the restaurants' 1,750 employees into CFL Pizza's hands.
From the story:
CFL Pizza CEO Andy Rosen, whose investors include the Syosset, N.Y., private equity firm Northwood Ventures, said one of the first pieces of business up for grabs is the firm's $2 million to $2.5 million ad budget.
CFL Pizza also is looking for vendors for everything from a real estate development consultant to an IT firm. "We're going to put a local spin in terms of using local vendors," said Rosen.
Related Media
Subscribe
Get the latest news and resources from Pizza Marketplace.
Recent Posts
Riko's Pizza inks lease for 3,500-square-foot space in Miami
Goodfellas debuts pizza vending machine in southern Ontario
Donatos Pizza sees significant gains with AI voice ordering technology
Old Scratch Pizza to open Columbus, Ohio location
Valentina’s launches '$24K in 24 Hours' 9/11 memorial fundraiser
