October 20, 2021
Peter Piper, LLC, a wholly owned subsidiary of CEC Entertainment, LLC, which also owns Chuck E. Cheese and Pasqually's Pizza & Wings, has signed an agreement to acquire nine Tucson and one Phoenix-area Peter Piper Pizza restaurants owned by franchisee Southwest Pizza, Inc., according to a press release.
Local Tucson family-owned Southwest Pizza, Inc., which has been a Peter Piper Pizza franchisee for nearly 40 years, decided to sell all its locations earlier this year. The terms of the sale were not disclosed.
Peter Piper, LLC, will take over the operations of the locations on Nov. 1. The purchase will expand the number of locations corporately owned by Peter Piper, LLC, to 43 in the U.S.
Additionally, the company's franchisee, Pizza Properties, Inc., has plans to open two Peter Piper Pizza locations in the San Antonio area in the summer and fall of 2022.
"We appreciate the decades of passion and quality that Southwest Pizza, Inc., and the Baxla family brought to the Peter Piper Pizza brand in Tucson," said Peter Piper Pizza President Randy Forsythe said in the release. "We will continue building on their success in the area as part of our overall growth strategy nationally and internationally."