Indianapolis based franchisor of Noble Roman’s Pizza and Tuscano’s Italian Style Subs, Noble Roman, provided an update today on the continued expansion of its popular take-n-bake (TNB). The expansion currently targets grocery stores around the country as well as market growth of its stand-alone take-n-bake franchises.
The company has signed five new stand-alone TNB franchise agreements in the last two weeks alone, bringing the total number of take-n-bake franchises open or currently in development to 16 total. Of those, seven are currently in operation and open; the other nine are under construction and have tentative openings scheduled during the next several months.
Noble Roman will continue overall expansion efforts, including increasing the number of grocery stores offering Noble Roman’s Take-n-Bake pizza. As of today approximately 1,625 license agreements have been signed. Noble Roman has been steadily expanding its grocery network, promoting additional interest from grocery chains nationwide. Management is set to attend grocery trade shows in order to create awareness and identify market opportunities within the industry, including the International Dairy Deli Bakery Association trade show to take place in Orlando, Florida, this month.
Additionally, Noble Roman continues its steady growth in non-traditional venue areas, adding 22 non-traditional franchise/license agreements in 2013 thus far.
“Take-n-bake continues to be one of the fastest growing segments of the pizza industry,” stated Paul Mobley, Chairman and CEO, Noble Roman’s Inc. “And Noble Roman’s is at the forefront of this trend, methodically increasing our presence in grocery stores around the country and growing our stand-alone TNB franchises. We continue to grow our pipeline of franchise prospects for the stand-alone take-n-bake concept, and expect to have several others under development over the coming weeks. We have signed license agreements for approximately 1,625 grocery stores to carry our TNB product, and expect to add to our grocery network steadily in the coming months. Our new hot pizza by the slice offering has helped us to accelerate our penetration with grocery stores around the country. With our recognized brand and our reputation for great taste and high quality, we are poised to grow our revenues and profitability due to the popularity of the TNB concept.”
Noble Roman’s Take-n-Bake creations are anchored in the chain’s popular hand-tossed style pizzas. Some of those pizzas include Deep-Dish Sicilian and the SuperThin pizza. Noble Roman’s famous breadsticks with spicy cheese sauce are also a great draw. All items are in a convenient cook-at-home format. Additional menu offerings will include cinnamon rounds, fresh salads, cookie dough, bake-able pasta, cheesy sticks, and more.
The company’s current success comes from strategic grocery store licensing agreements to carry Noble Roman’s delicious take-n-bake pizzas. The Noble Roman stand-alone take-n-bake unit requires only 900 square feet with minimal equipment, resulting in a much lower investment cost. In addition the take-n-bake units require less labor and generate lower operating costs such as utilities, making it an affordable franchise for many to operate.
To learn more, visit www.nobleromans.com
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