News

Stevi B's Pizza adding two Virginia units

May 4, 2012

Stevi B's Pizza has announced the signing of an agreement to develop two additional locations in the greater Richmond, Va., area with franchisee Rick Collins, owner of a Stevi B's Pizza location in Mechanicsville, Va.

"The community has embraced our first location in Mechanicsville and we are excited to bring Stevi B's to additional areas of Richmond," Collins said. "With Stevi B's Pizza we have been able to become a part of the local community and we look forward to continuing those relationships in the coming years."

Collins, who operates Stevi B's Pizza with his son Tim, has signed a development agreement to open Stevi B's Pizza restaurants in the Chesterfield and Midlothian areas, which are estimated to create about 80 jobs in Chesterfield County.

Stevi B's Pizza is currently owned by Argonne Capital, an Atlanta private equity firm. It is a rapidly-growing brand with a 20 percent annual growth rate and 45 locations throughout the U.S.

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