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Round Table Pizza is First to Expand into Mongolia with Ten Restaurant Development Agreement

2012-07-18 10:00
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ULAN BATOR, Mongolia--(BUSINESS WIRE)--Round Table Pizza, an American pizza restaurant icon known for gourmet quality and fresh innovation, announced the signing of an exclusive agreement with Mongolia International Food Holding to develop 10 restaurants in Mongolia. Round Table Pizza’s entrance into Mongolia is a first for any major restaurant franchisor and reflects the growing importance of Mongolia in international commerce as it continues to develop its natural resources. The first Round Table Pizza restaurant is expected to open in Ulan Bator in September 2012. The announcement brings the total number of international Round Table Pizza restaurants operating or slated for development to 47.

“We continue to see increased interest from abroad as entrepreneurs recognize the value in our brand,” notes Round Table Pizza CEO and President Rob McCourt. “We are eager to work with partners, like Mongolia International Food Holding, who have the skills and resources to bring our core values of dedication to families and serving a superb pizza to a larger global audience.”

“We are excited to bring the great taste of Round Table Pizza to Mongolia,” said Mr. Ali Ghali, CEO of Mongolia International Food Holding. “Round Table Pizza is dedicated to bringing its quality ingredients and superior tasting pizza to Mongolia. The food and beverage market in Mongolia is very promising and has a large potential for growth.”

About Round Table Pizza

Founded in California’s San Francisco Bay Area, Round Table Pizza was founded in 1959 to create a place where families could relax and share a superb pizza. Today Round Table Pizza remains true to its founder’s vision with 450 restaurants across the western United States and the world. Round Table’s signature tagline, "The Last Honest Pizza", describes its commitment to quality and authenticity.

About Mongolia International Food Holding

Mongolia International Food Holding (“MIFH”), based in Ulan Bator, was founded by partners from Mongolia and the Gulf Cooperation Council. MIFH is an investor, developer and operator of international fast food franchise businesses across Mongolia and Central Asia.

Upcoming Area Licensee Events

Round Table will be in Chile, Panama and Columbia in late August 2012 for an IFA trade mission. For details, contact William Gabbard at +1 303-829-4227 or wgabbard@edwardsglobal.com.

Contacts

Round Table Franchise Corporation
Ted Storey, 925-969-3900
Senior Vice President, Business Development