New Paavo's Pizza outlets planned across GCC
DUBAI, February 22, 2016
Eppco, the retail arm of Emirates National Oil Company (Enoc), has made significant investments to expand Paavo’s Pizza outlets to the GCC market.
The pizza brand has been franchised from US-based Orion Food Systems, said a statement.
Maintaining momentum with the competitive UAE market, Paavo’s pizza is taking part in the 21st edition of Gulfood and looking forward to increasing its regional exposure, it said.
Burhan Al Hashemi, managing director - Eppco, said: “The Middle East is witnessing an incredible growth pace, and we are matching its progress. We are expecting a 75 per cent growth rate in 2016, and estimated our revenue growth rate to be 120 percent. We are present across multiple locations and have more outlet openings in the pipeline.
"At the moment, we have eight outlets in Dubai, and planning on opening 14 new outlets in the GCC market. Gulfood is the perfect networking platform for us to meet with prospective franchisees and monetize opportunities in emerging markets.”
Pushing for the title of making the ‘fastest pizza’ in five minutes, the company is scheduled to franchise 11 new outlets in the region by the third quarter of this year.
“To maintain the stride of the budding industry, we have a constantly growing team that has additions week on week. After opening eight outlets in eight months, we are considered the fastest growing chain in the United Arab Emirates," said Al Hashemi.
"By the end of 2016, we are looking at opening multiple outlets in the region. We are currently present across eight locations in Dubai, and are working towards launching a new outlet in Abu Dhabi very soon,” he added.
Paavo’s Pizza is already present across eight locations in the UAE, with new outlets set to open in with new outlets set to open in Dubai, Abu Dhabi and Northern Emirates. - TradeArabia News Service
