Donut King and Crust Gourmet Pizza Bar to Launch in UK
11 January 2018 - 5:30PM
Business Wire
Global food and beverage company, Retail Food Group Limited
(ASX:RFG), is pleased to announce new Master Franchise Agreements
for the United Kingdom in connection with the Crust Gourmet Pizza
Bar and Donut King Brands. In total, 250 Crust outlets and 140
Donut King outlets are set to open in the first ten years, with the
first to open its doors within the next six to eight months.
Jabbar Mumtaz, who secured the Master Franchise Rights for Donut
King and Crust in the UK, said: “I am excited to join the RFG
family and am confident that both brands will be well received in
the UK. RFG and its Brand Systems have a great reputation, a
quality product offering, and fantastic benefits for Partners and I
look forward to working with the Company and introducing locals to
pizza and donuts like they’ve never experienced.”
RFG Chief Executive – International, Mike Gilbert, said the
United Kingdom is an important global market for RFG following the
establishment of International Hubs in Australia, USA and the
Middle East. “RFG is pleased to be joining forces with such a
strong and experienced Master Franchise Partner who is capable of
applying sufficient resources, expertise and resolve to ensure the
successful entry of these brands into the UK,” he said.
Mr Gilbert explained the model provides the Company and local
Partners with the opportunity to forge sustainable relationships to
successfully develop RFG’s Brand Systems internationally, whilst
drawing on the Group’s more than 30-years’ experience in retail
food franchising. International operations represent a key part of
the Company’s growth platform and are backed by a dedicated
International Division focused on increasing RFG’s footprint of
international licensed territories.
“Growing the international penetration of RFG’s Brand Systems
within new territories remains a focus for the Group and we’re
certain our existing global experience will serve us well as we
pioneer the Donut King and Crust brands in the UK, which has long
been a target market for RFG,” Mr Gilbert said.
Currently Donut King, which over the past three decades has
evolved into Australia’s largest speciality donut and coffee
destination and serves over 20 million customers per year, is
successfully operating in six international licensed territories;
while Crust, the original innovators in the pizza space, has grown
to boast more than 200 stores domestically and is also operating in
Singapore.
RFG is Australia’s largest multi-brand retail food franchisor
with a network of more than 2,500 outlets across 12 Brand Systems
and 83 territories. As well, RFG is an emerging leader in the
foodservice, dairy processing and wholesale bakery sectors.
About Retail Food Group Limited:RFG is a global food and
beverage company headquartered in Australia. The Company is owner
of the Donut King, Brumby’s Bakery, Michel’s Patisserie, bb’s Café,
Esquires, Gloria Jean’s Coffees, It’s A Grind, The Coffee Guy,
Café2U, Pizza Capers and Crust Gourmet Pizza Bar Brand Systems, and
is a significant wholesale coffee roaster supplying existing Brand
Systems and third party accounts under Di Bella Coffee Co. As well,
RFG is an emerging leader in foodservice, dairy processing and
wholesale bakery pursuits, operating the Hudson Pacific
Foodservice, Associated Foodservice, Dairy Country and Bakery
Fresh.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20180110006381/en/
For further information contact:Retail Food Group LimitedSara
Bradford, +61 7 5655 2542Head of Communications & Investor
Relationssara.bradford@rfg.com.au
Retail Food (ASX:RFG)
Historical Stock Chart
From Aug 2024 to Sep 2024
Retail Food (ASX:RFG)
Historical Stock Chart
From Sep 2023 to Sep 2024