Telepizza, the Spanish restaurant chain, has announced its expansion into the UK, aiming to open over 80 franchises within the next 10 years.
The expansion venture in undertaken in collaboration with Karali Ventures, who are one of the largest franchisees of the Burger King Chain of restaurants in the UK.
Furthermore, Karali also collaborates with other brands such as Chamama, Pronto Pizza, Traditional Favourites, Caffé Italiano and Cafe Select.
'We are very pleased to announce our first UK master franchisee partner, which marks an exciting step in our expansion into the UK market. Our international expansion is gaining momentum after a strong launch, which has been reinforced by international partners who are interested in growing our brand globally,' explained Pablo Juantegui, Executive Chairman of Telepizza.
Giorgio Minardi, President of International at Telepizza, said, 'We are very fortunate and pleased to have Mr. Salim Janmohamed join our organisation. His impressive leadership and knowledge of the UK market will be instrumental for us to open up the market for our Brand and our other master franchisees.'
Telepizza plans to open a minimum of 300 stores, with 20-30 franchisees, that will develop 30 regional markets around the UK within the next ten years. Approximately 35% of Telepizza stores worldwide are owned and operated by Telepizza, while around 65% are owned by its business partners (franchises and master franchises). The company is currently present in 15 countries and its international chain sales exceed 30% of the total.
Salim Janmohamed, Chairman & Managing Director at Karali Group, said, 'I am really looking forward to introducing Telepizza to the UK market and I am confident that the brand will receive a warm welcome using fresh ingredients in pizzas that are handmade on demand for the UK consumer, which is what is missing in the pizza delivery business.'
Telepizza's international strategy is focused on growth in markets where it is currently operating, exploring new business opportunities, and entering new markets via master franchises.