Telepizza, the largest non-U.S.-based pizza delivery company in the world by number of stores, has announced its first master franchisee partnership, joining forces with Karali Ventures Limited in the UK, as the chain looks to open 80 new stores within the next ten years. The first stores will be opened in late 2016.
Pablo Juantegui, Executive Chairman of Telepizza, welcomes Mr. Salim Janmohamed, Chairman & Managing Director at Karali Group, a group of companies specialised in the QSR industry, which is one of the largest Burger King operators in the UK and has developed other brands, including Chamama, Traditional Favourites, Caffé Italiano, and Cafe Select. The Group has an incredible track record of success over 30 years in the food and beverage business.
"We are very pleased to announce our first UK master franchisee partner, which marks an exciting step in our expansion into the UK market. Our international expansion is gaining momentum after a strong launch, which has been reinforced by international partners who are interested in growing our brand globally," explained Pablo Juantegui, Executive Chairman of Telepizza.
Giorgio Minardi, President of International at Telepizza said: "We are very fortunate and pleased to have Mr. Salim Janmohamed join our organisation. His impressive leadership and knowledge of the UK market will be instrumental for us to open up the market for our Brand and our other master franchisees."
Telepizza plans to open a minimum of 300 stores, with 20-30 franchisees, that will develop 30 regional markets around the UK within the next ten years. Approximately 35% of Telepizza stores worldwide are owned and operated by Telepizza, while around 65% are owned by its business partners (franchises and master franchises). The company is currently present in 15 countries and its international chain sales exceed 30% of the total.
Mr. Salim Janmohamed, Chairman & Managing Director at Karali Group said: "I am really looking forward to introducing Telepizza to the UK market and I am confident that the brand will receive a warm welcome using fresh ingredients in pizzas that are handmade on demand for the UK consumer, which is what is missing in the pizza delivery business."
Telepizza's international strategy is focused on growth in markets where it is currently operating, exploring new business opportunities, and entering new markets via master franchises.
Find out more about TelePizza on the website here.