While the beginning of 2016 was a bit of a rough spot for the DIY fast-casual pizza chain, Pie Five has proven to be the workhorse fueling parent Rave Restaurant Group’s growth. Low build-out, food and labor costs are driving the expansion—and helping Pie Five and sister concept, Pizza Inn, hit sales increases each consecutive quarter in 2015—possible in part due to synergistic efforts. Also driving the chain into this year’s top spot: Its efforts to add regional menu pizzas in different markets, a loyalty program with more than 600,000 members and continuous innovation efforts. It’s experimenting with delivery and beer taps, and is also considering drive-thrus.
| Location | The Colony, Texas |
|---|---|
| 2015 Systemwide Sales ($000) | $40,028,000 |
| YOY Sales Change | 151.3% |
| 2015 U.S. Units | 82 |
| YOY Unit Change | 164.5% |
| 2015 Average Unit Volume ($000) | $751,000 |
| Future 50 Year | 2016 |
| Franchising | Yes |
*Technomic estimate
For more insights from Technomic as well as Technomic’s analysis, growth forecast and more: