Rave Restaurant Group Inc
About
Rave Restaurant Group, Inc. engages in the management and franchising of restaurants. It operates through the following segments: Pizza Inn Franchising, Pie Five Franchising, and Company-Owned Stores. The Pizza Inn Franchising and Pie Five Franchising segments are involved in franchisees, licensees, and territorial rights. The Company-Owned Stores segment focuses on sales and operating results for company-owned restaurants.
The company was founded in 1958 and is headquartered in The Colony, TX.
Growth
RAVE Restaurant Group is a well-established enterprise in the food industry, operating domestically and internationally. The company has successfully expanded its presence through franchising and supplying its popular brands Pie Five and Pizza Inn. With a strong market presence and a diverse portfolio of offerings, RAVE continues to solidify its position in the competitive restaurant industry.
Achievements
Over the years, RAVE Restaurant Group has achieved significant milestones in its history. These include rapid revenue growth, successful market penetration both domestically and internationally, expanding customer base, strategic acquisitions, and continuous innovation in its menu offerings. The company's ability to adapt to changing consumer preferences and evolving market trends has been a key driver of its success.
Case Studies
RAVE Restaurant Group has been involved in various significant projects and case studies that have had a positive impact on its business. These include successful franchise partnerships, introduction of digital ordering platforms to improve efficiency, implementation of sustainability initiatives to reduce environmental footprint, and community engagement programs to support local communities. These case studies showcase the company's dedication to innovation, sustainability, and social responsibility.
Key Events
In recent years, RAVE Restaurant Group has been actively involved in key events that have shaped its growth and development. These include the launch of new restaurant locations, partnerships with major food suppliers, acquisitions of strategic assets to enhance its portfolio, successful funding rounds to support expansion plans, and awards and recognition for its outstanding performance in the industry. These events highlight the company's commitment to delivering exceptional dining experiences and driving long-term value for its stakeholders.
Socials
Website
Founded
-
Operating Status
Active
Industry
Leisure/Arts/Hospitality
headquarters
Address
3551 Plano Parkway The Colony Texas 75056 United States...
Country
United States
Employees
25
Key People
Clinton J. Coleman (Independent Director)
William Charles Hammett (Independent Director)
Zack Viljoen (Vice President-Operations)
Jay Rooney (Chief Financial Officer)
Revenue
11.89 M
Operating Income
Stock Price
$2.77
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Rave Restaurant Group Inc
-
Website
-
Founded
-
-
Industry
Leisure/Arts/Hospitality
-
Address
3551 Plano Parkway The Colony Texas 75056 United States...
-
Country
United States
-
Number of employees
25+
-
Revenue
11.89 M
About Rave Restaurant Group Inc
Rave Restaurant Group, Inc. engages in the management and franchising of restaurants. It operates through the following segments: Pizza Inn Franchising, Pie Five Franchising, and Company-Owned Stores. The Pizza Inn Franchising and Pie Five Franchising segments are involved in franchisees, licensees, and territorial rights. The Company-Owned Stores segment focuses on sales and operating results for company-owned restaurants.
The company was founded in 1958 and is headquartered in The Colony, TX.
Why Setting Up a Virtual Delivery Center (VDC) Is Critical for Your Company’s Success
Achieving business success in today’s competitive landscape requires specialized expertise, seamless operations, and continuous innovation. Establishing a Virtual Delivery Center (VDC) can transform your company’s growth journey by ensuring efficiency, scalability, and long-term value.
Why Choose a VDC for Your Company?
1. Cost Optimization:
Save up to 70% on operational costs by leveraging remote teams and streamlined processes.
2. Expert Access:
Gain instant access to highly skilled professionals, ensuring faster and smoother project execution.
3. Scalable Teams:
Scale your team as business needs evolve, from initial project setup to long-term support.
4. Accelerated Timelines:
Leverage 24/7 global teams to reduce project delays and speed up implementation.
5. Continuous Support:
Ensure uninterrupted business performance with ongoing maintenance and updates.
Unlock Business Success with a VDC By establishing a VDC, your company can overcome operational challenges, achieve seamless system integration, and maximize ROI. Stay ahead in today’s dynamic market with a future-ready business strategy powered by a Virtual Delivery Center. Learn More About Us
Book A Meeting To Setup Your VDC
