News

Old Chicago accelerates growth plans

March 8, 2017

Old Chicago Pizza & Taproom reported record system-wide revenue in 2016, marking an 11 percent increase from 2015, according to a press release. Additionally, the company accelerated its national expansion efforts with the signing of four franchise development agreements that will bring 20 new locations to markets including Texas, Oklahoma, Arkansas, Missouri, Montana, Wyoming, Michigan and South Carolina.

"Despite the restaurant industry facing headwinds in 2016, Old Chicago experienced tremendous growth," President Mike Mrlik said in the press release. "Our success stems from the increasing demand for craft beer and our concept being known as a place that introduces consumers to regional, hyper local and exclusive craft beers."

"Our commitment to quality, innovative food and the unparalleled service we provide to our guests has also established Old Chicago as an industry leader and further positions the brand for aggressive nationwide growth in the year ahead," he said.

The company reported 10  consecutive quarters of positive transaction and average unit volume of $2.8 million, resulting in $263 million in system-wide revenue. The company remains committed to its previously announced new restaurant prototype with big outdoor patios, new kitchen designs and upgraded bar technology. It also re-emphasized its commitment to expanding its craft beers.

This year, the company plans to open nearly 24 new restaurants, with growth targets in Arizona, Florida, Georgia, Illinois, Indiana, Louisiana, Mississippi, Nevada, New Mexico, North Carolina, Ohio, South Dakota, South Carolina and Texas.