Denver — Garbanzo Mediterranean Fresh, a leading fast-casual Mediterranean franchise concept, has launched an aggressive franchise growth initiative to increase its presence across the U.S. Planning to add 50 new locations to the brand’s development pipeline annually, expansion will focus on territories from the Rocky Mountain states to the Midwest and down south through Texas.
The concept has put itself on an impressive growth trajectory. GARBANZO recently completed two major franchising deals that stand to spark growth in key markets — a five-store deal for the Boston area, and a 25-plus location area development agreement that covers all of Indiana and Kentucky, as well as southwest Ohio, primarily in the Cincinnati area.
“Momentum is on our side and now is the time to join the next wave of fast casual growth,” says Larry Sidoti, chief development officer of Garbanzo Mediterranean Fresh. “The GARBANZO franchise opportunity has been developed with low startup costs, which results in a quick ROI for franchisees. The brand has driven positive same-store sales for 12 consecutive quarters and has managed to support profitability with low pricing despite rising commodity costs.”
Building off of its high performing business model, GARBANZO has become a highly sought-after brand. With multiple upcoming openings at airports across the country, including Denver International Airport, as well as new locations at the University of Notre Dame and the University of Illinois – Urbana-Champaign, the brand is poised to make its presence known on the national scene. Couple that with the fact that there are currently more than two dozen additional locations in the development pipeline with restaurant franchise investors and foodservice groups, including St. Louis, Boston and Indianapolis. Additionally, GARBANZO has prime markets available for franchising in major cities across the United States such as Cincinnati; Houston; Lexington, Ky.; Louisville, Ky.; Nashville, Tenn.; and San Antonio. Currently, Garbanzo Mediterranean Fresh has 30 restaurants open across nine states.
Under the strong leadership of Sidoti and CEO James Park, who both have extensive restaurant franchise experience, GARBANZO has all the pieces in place for rapid expansion.
“Prospective franchisees must be aligned with our ‘feel brighter’ movement and believe in what the brand is doing. There is no cutting corners as a GARBANZO franchisee,” adds Sidoti. “The goal has been set to sign at least 10 more franchisees in 2019, and grow by at least 50 locations each year.”
Headquartered in Denver, GARBANZO has 30 locations open nationwide and several more in development. For more information on franchise opportunities, visit www.ownagarbanzo.com. For more information on Garbanzo Mediterranean Fresh, visit www.eatgarbanzo.com.
SOURCE: Garbanzo Mediterranean Fresh