Pie Five Pizza
Traded as | NASDAQ: RAVE |
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Industry | Fast Casual |
Founded | June 2, 2011 in Fort Worth, TX |
Number of locations | 98 |
Key people |
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Products | Handcrafted personal pizza, fresh salads, desserts, drinks |
Parent | Rave Restaurant Group |
Website | www.piefivepizza.com |
Pie Five Pizza Co. is a fast casual restaurant chain specializing in handcrafted personal pizza made in less than 5 minutes. The brand is owned by Rave Restaurant Group, which also owns Pizza Inn. As of December 2016, Pie Five has 98 restaurants in the following locations: Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Kansas, Maryland, Missouri, Nebraska, North Carolina, Oklahoma, Tennessee, Texas, Utah, Kentucky, Virginia and Washington, D.C. with more than 400 additional company-owned and franchise units anticipated.
Concept
Pie Five was named for the concept of being able to offer a pie in five minutes. The menu offers a selection of signature and build-your-own personal pizzas with unlimited toppings for one price. They offer four different crusts, including gluten-free, classic pan, crispy thin and traditional Italian, as well as hand-made salads and desserts. Many locations serve beer.
History
The first Pie Five location opened on June 3, 2011 in Fort Worth, Texas. They continued their growth in the Dallas - Fort Worth market in 2012 and then in 2013, they opened their first franchise location out of state in Matthews, North Carolina as well as two additional franchise locations in Kansas. In 2014, they experienced rapid growth in Florida, Virginia, Tennessee, Missouri and Maryland. In 2015, they opened 50 additional locations spreading across the Midwest, South and East Coast. This was also the year they opened their first non-traditional location in DC in the L'Enfant train station, as well as their first casino at the Hard Rock Casino in Biloxi, MS. In 2016, Pie Five celebrated multiple milestones including their first mall location and 5 year anniversary
Awards
Pie Five Pizza Co. is considered a pioneer of the first fast casual pizza category and has twice been named among Fast Casual’s Top 15 “Movers & Shakers” (2013/2014).[1] Pie Five has also been recognized as a 2012 Hot Concepts winner[2] by Nation’s Restaurant News and one of “10 Hot New Restaurant Chains from Established Brands”[3] by Forbes.com.
- 2016 - Ranked #1 Restaurant Business by Future 50
- 2016 - Patty Scheibmeir listed on Fast Casual's Movers & Shakers people list
- 2015 - Named Best Franchise Deal by QSR Magazine
- 2015 - Ranked #3 on Fast Casual's Top 100 Movers & Shakers list
- 2014 - Hermes Creative Award Gold Winner for "Be Pie-Partisan" campaign
- 2014 - Listed on Fast Casual's Movers & Shakers people list
- 2014 - Ranked #13 on Fast Casual.com Top 50 Restaurant Brands of the Year
- 2013 - Ranked #40 on Fast Casual.com Top 50 Restaurant Brands of the Year
- 2013 - Named in "Top Trendsetting Executives in Pizza" by Pizza Marketplace
- 2012 - Named one of "10 Hot New Restaurant Chains from Established Brands" by Forbes
- 2012 - Named Hot Concepts Award winner by Nation's Restaurant News
References
- ↑ Fast Casual’s Top 15 “Movers & Shakers” - http://www.fastcasual.com/static_media/filer_public/ec/6f/ec6f937e-eedf-465f-9222-760a8d273533/2014_fast_casual_top_100_movers_and_shakers.pdf
- ↑ 2012 Hot Concepts winner - http://nrn.com/latest-headlines/nrn-names-2012-hot-concepts-winners Retrieved July 28, 2012
- ↑ 10 Hot New Restaurant Chains from Established Brands - http://www.forbes.com/pictures/feji45heee/pie-five-pizza-5/
External links
- Official website
- Rave Restaurant Group
- FastCasual: Pie Five Pizza expands into Florida
- MarketWatch:Former Applebee's President and CEO to Open 10 Pie Five Pizza Co. Locations in Kansas City Area