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Pizza Inn Holdings, Inc. Message Board

  • piefivewillbehuge piefivewillbehuge Jul 20, 2013 5:04 PM Flag

    Elite FL Restauranteur L. Gale Lemerand Agrees to Open 25 Pie Fives! 25!

    go research who L. Gale Lemerand is. He originally agreed to open 10 Pie Fives but already more than doubled that amount and has agreed to open 25 Pie Fives! 25! HUGE

    quote from Press releases on Pie Five Franchising website

    “I believe Florida is an ideal market for the Pie Five brand, which is why I’ve doubled-down on my investment” said Lemerand, the sole owner or partner in 29 successful restaurants across Florida. “Not only is the food quality, consistency and preparation time outstanding, but the company has an impressive infrastructure, world-class leadership, deep institutional knowledge and a top-notch operating model that will help us prosper.”

    When Lemerand visited several Pie Five locations in Texas, he was ready to bring the concept to Florida in a big way. "I thought, 'How can you make a really good pizza in five minutes?'" he said. "They've got it nailed. It's a great pizza and a great product."

    "They have all the staff, all the assets and all the knowledge of being in the pizza business for so many years," Lemerand said.

    Sentiment: Strong Buy

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    • I would bet the house that no one who ever signed a franchise agreement EVER talked bad of them and only praised them to no end......so your repeated post of what this guy or that guy said is ridiculous..........Let;'s just wait till the numbers come in for corporate.....I bet many are looking at the SLC site for affirmation.......Funny that it is taking almost 1 year for the NC site to open, if it does....when it should take 2 mts max once a site is located.

      • 1 Reply to denn56k
      • denn56k - please disclose your current position in PZZI. If your trying to manipulate the stock down so you can buy in cheaper it wont work. the numbers speak for themselves and the quotes from these seasoned executives is only going to help bring in a flood of new franchisees looking to lock up territorial rights. in an incredibly short period of time they have 85 franchise restaurants under contract. I bet it ramps right to 150 in the next 60 days and we'll see the stock at $12. So what is your current position denn56k????

        "Pie Five currently has 10 locations in Texas and one location in Utah. The addition of the Omaha, Tulsa and Wichita markets brings the total announced franchise restaurants under contract to 85 in Florida, Kansas, Missouri, Nebraska, Oklahoma, North Carolina, Florida, Texas, Utah and Virginia."

        Sentiment: Strong Buy

 
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