With more than a million possible ingredient combinations, South Florida pizza lovers will be able to calculate the perfect pie, as Texas-based Pie Five Pizza recently announced plans to open up to 28 fast-casual restaurants from Melbourne to Miami.
The new establishments are part of a recent franchise deal between Pie Five Pizza and DP5 Investments.
"South Florida is attracting a lot of growth and the fast-casual pizza market hasn't really hit there yet—we're excited to be the first to bring Pie Five's concept to the area," Jeffrey Parker, DP5 Investments franchise development partner, said. "We have a lot of confidence in the brand and their very seasoned leadership team plus their oven technology is superior to anything else in the market."
Capitalizing on growing demand for personalized fresh dining options, the rapidly expanding chain plans to open 400 U.S. locations in the next five years.
"When looking at new fast-casual pizza ventures, options for consumers with food allergies was very important to me," Parker said. "Many fast-casual pizza brands don't offer these options—Pie Five is a viable choice for consumers with nutritional requirements such as gluten allergies because the process is very transparent."
The art of cooking is boiled down to a science as pizzas are baked in custom-designed ovens in exactly 140 seconds, ready for guests by the time they arrive at the register. Handmade salads and dessert choices also complement the menu.
Dallas-based Pie Five Pizza Co. is a subsidiary of RAVE Restaurant Group, Inc., which owns, franchises and supplies more than 300 Pie Five and Pizza Inn restaurants operating domestically and internationally.
"We're thrilled to welcome Jeff and his partners to the Pie Five family," Randy Gier, chief eating officer of Rave Restaurant Group, Inc., said. "They bring a wealth of multi-unit restaurant experience to our growing team of veteran operators, and with their aggressive plans for expansion, will soon own the fast casual pizza market in South Florida."
Named among Fast Casual's Top "Movers & Shakers" for three consecutive years, 2015 "Best Franchise Deal" by QSR Magazine, 2012 Hot Concepts winner by Nation's Restaurant News and one of "10 Hot New Restaurant Chains from Established Brands" by Forbes.com, the company currently has 64 locations in 16 states and Washington, DC.
DP5 Investments LLC is a Salinas, California-based firm formed in June 2014.