- Rave Restaurant Group Inc (NASDAQ:RAVE) owned Pizza Inn restaurant has signed an international development agreement with principal master licensee and development partner Ginny Singh, Director of GJ Restaurants Ltd, in Auckland, New Zealand.
- Under the agreement, Pizza Inn will join forces with Singh to build 10 Pizza Inn restaurants.
- The first restaurant will be opened in Auckland later in 2022.
- Internationally, Pizza Inn operates restaurants in the United Arab Emirates, Kuwait, Oman, Saudi Arabia, Palestine, and Honduras.
- “Hospitality is recovering and this is a great time to bring an iconic American brand which aligns with our passion for authentic, high-quality pizza,” said Ginny Singh.
- Price Action: RAVE shares are trading higher by 0.84% at $1.20 on the last check Monday.
Pizza Inn Reveals Expansion To New Zealand
Rave Restaurant Group Inc (NASDAQ:RAVE) owned Pizza Inn restaurant has signed an international development agreement with principal master licensee and development…