December 16, 2013 McAlister`s to Set Up Shop in New Jersey
Transcription
December 16, 2013 McAlister`s to Set Up Shop in New Jersey
December 16, 2013 McAlister's to Set Up Shop in New Jersey McAlister's Deli, a fast-casual restaurant, announced plans to develop seven restaurants in New Jersey as part of a new multiunit development agreement. “Our partnership with A3 Investments marks an exciting time as we bring McAlister’s great food and genuine hospitality to the Northeast for the first time,” says McAlister’s president and CEO, Frank Paci. “McAlister’s has a loyal fan base, and we are experiencing strong same store sales growth which is driving interest in additional development. We see a big opportunity for McAlister’s to expand throughout the state.” A3 Investments, a new McAlister’s franchisee, will develop seven restaurants in the state over the next five years. The company owns and operates full-service restaurants and other businesses in Central and North New Jersey. Initial target locations include Bergen and Passaic counties with the first opening set for 2014. “McAlister’s Deli is a strong brand with great growth potential, making it the perfect addition to our portfolio. We are confident guests in New Jersey will love McAlister’s genuine hospitality and great food,” says Ash Ram of A3 Investments. ! December 17, 2013 December 16, 2013 McAlister’s Deli To Open First Restaurants In New Jersey McAlister’s Deli, a leading fast casual restaurant, announces plans to develop seven restaurants in New Jersey as part of a new multi-unit development agreement. “Our partnership with A3 Investments marks an exciting time as we bring McAlister’s great food and genuine hospitality to the Northeast for the first time,” said McAlister’s president and CEO Frank Paci. “McAlister’s has a loyal fan base and we are experiencing strong same store sales growth which is driving interest in additional development. We see a big opportunity for McAlister’s to expand throughout the state.” A3 Investments, a new McAlister’s franchisee, will develop seven restaurants in the state over the next five years. The company owns and operates full service restaurants and other businesses in Central and North New Jersey. Initial target locations include Bergen and Passaic counties with the first opening set for 2014. “McAlister’s Deli is a strong brand with great growth potential, making it the perfect addition to our portfolio. We are confident guests in New Jersey will love McAlister’s genuine hospitality and great food,” said Ash Ram of A3 Investments. Technomic recognized the brand as the 2012 top chain in the fast casual industry for food and beverage and as one of consumers’ Top 5 Favorite Chains in the country. Fast Casual also ranked the brand No. 2 on its Top 100 “Movers and Shakers” list of 2013 and Paci was named one of the “Top 20 People” in the industry to watch. To learn more about franchising opportunities with McAlister’s, please contact (888) 855-DELI (3354) or franchising@mcalistersdeli.com, or visit www.mcalistersdelifranchise.com. ! December 17, 2013 ! December 17, 2013 McAlister’s Deli To Open First Restaurants In New Jersey McAlister’s Deli plans to develop seven restaurants in New Jersey as part of a new multi-unit development agreement with A3 Investments. “Our partnership with A3 Investments marks an exciting time as we bring McAlister’s great food and genuine hospitality to the Northeast for the first time,” said McAlister’s president and CEO Frank Paci. “McAlister’s has a loyal fan base and we are experiencing strong same store sales growth which is driving interest in additional development. We see a big opportunity for McAlister’s to expand throughout the state.” A3 Investments, a new McAlister’s franchisee, will develop seven restaurants in the state over the next five years. The company owns and operates full-service restaurants and other businesses in central and north New Jersey. Initial target locations include Bergen and Passaic counties with the first opening set for 2014. December 16, 2013 McAlister's developing 7 Jersey units McAlister's Deli has plans to develop seven restaurants in New Jersey as part of a new multi-unit development agreement, McAlister's President and CEO Frank Paci, said in a company press release. "Our partnership with A3 Investments marks an exciting time as we bring McAlister's great food and genuine hospitality to the Northeast for the first time," he said. "McAlister's has a loyal fan base and we are experiencing strong same store sales growth which is driving interest in additional development. We see a big opportunity for McAlister's to expand throughout the state." A3 Investments, a new McAlister's franchisee, will develop seven restaurants in the state over the next five years. The company owns and operates full service restaurants and other businesses in Central and North New Jersey. Initial target locations include Bergen and Passaic counties with the first opening set for 2014. "McAlister's Deli is a strong brand with great growth potential, making it the perfect addition to our portfolio. We are confident guests in New Jersey will love McAlister's genuine hospitality and great food," said Ash Ram of A3 Investments. ! December 16, 2013 McAlister's Deli To Open First Restaurants In New Jersey Alpharetta, Georgia-based McAlister's Deli, a leading fast casual restaurant, today announced plans to develop seven restaurants in New Jersey as part of a new multi-unit development agreement. The development of the seven restaurants will be done by a new McAlister’s franchisee, A3 Investments. A3 Investments expects it will take five years to complete their build out and expects the initial locations to open in Northern New Jersey in 2014. While new to McAlister’s, A3 Investments is familiar with the market as it already owns and operates full service restaurants and other businesses in the northern half of New Jersey. "Our partnership with A3 Investments marks an exciting time as we bring McAlister's great food and genuine hospitality to the Northeast for the first time," said McAlister's president and CEO Frank Paci. "McAlister's has a loyal fan base and we are experiencing strong same store sales growth which is driving interest in additional development. We see a big opportunity for McAlister's to expand throughout the state." "McAlister's Deli is a strong brand with great growth potential, making it the perfect addition to our portfolio. We are confident guests in New Jersey will love McAlister's genuine hospitality and great food," said Ash Ram of A3 Investments. McAlister’s has had a very strong year of signing new franchise contracts. In addition to New Jersey, McAlister’s has signed a development agreement for 24 new restaurants Texas, New Mexico, Utah and Idaho as well as four franchise deals which cover Tennessee, Kentucky, Indiana, North Carolina, South Carolina, North Orange County, Florida and Buffalo, New York. December 16, 2013 December 16, 2013 McAlister’s Deli To Open First Restaurants In New Jersey McAlister’s Deli, a leading fast casual restaurant, announces plans to develop seven restaurants in New Jersey as part of a new multi-unit development agreement. “Our partnership with A3 Investments marks an exciting time as we bring McAlister’s great food and genuine hospitality to the Northeast for the first time,” said McAlister’s president and CEO Frank Paci. “McAlister’s has a loyal fan base and we are experiencing strong same store sales growth which is driving interest in additional development. We see a big opportunity for McAlister’s to expand throughout the state.” A3 Investments, a new McAlister’s franchisee, will develop seven restaurants in the state over the next five years. The company owns and operates full service restaurants and other businesses in Central and North New Jersey. Initial target locations include Bergen and Passaic counties with the first opening set for 2014. “McAlister’s Deli is a strong brand with great growth potential, making it the perfect addition to our portfolio. We are confident guests in New Jersey will love McAlister’s genuine hospitality and great food,” said Ash Ram of A3 Investments. Technomic recognized the brand as the 2012 top chain in the fast casual industry for food and beverage and as one of consumers’ Top 5 Favorite Chains in the country. Fast Casual also ranked the brand No. 2 on its Top 100 “Movers and Shakers” list of 2013 and Paci was named one of the “Top 20 People” in the industry to watch. To learn more about franchising opportunities with McAlister’s, please contact (888) 855-DELI (3354) or franchising@mcalistersdeli.com, or visit www.mcalistersdelifranchise.com. ! December 17, 2013 McAlister's Deli To Open First Restaurants In New Jersey McAlister's Deli, a leading fast casual restaurant, announces plans to develop seven restaurants in New Jersey as part of a new multi-unit development agreement. "Our partnership with A3 Investments marks an exciting time as we bring McAlister's great food and genuine hospitality to the Northeast for the first time," said McAlister's president and CEO Frank Paci. "McAlister's has a loyal fan base and we are experiencing strong same store sales growth which is driving interest in additional development. We see a big opportunity for McAlister's to expand throughout the state." A3 Investments, a new McAlister's franchisee, will develop seven restaurants in the state over the next five years. The company owns and operates full service restaurants and other businesses in Central and North New Jersey. Initial target locations include Bergen and Passaic counties with the first opening set for 2014. "McAlister's Deli is a strong brand with great growth potential, making it the perfect addition to our portfolio. We are confident guests in New Jersey will love McAlister's genuine hospitality and great food," said Ash Ram of A3 Investments. Technomic recognized the brand as the 2012 top chain in the fast casual industry for food and beverage and as one of consumers' Top 5 Favorite Chains in the country. Fast Casual also ranked the brand No. 2 on its Top 100 "Movers and Shakers" list of 2013 and Paci was named one of the "Top 20 People" in the industry to watch. Founded in 1989, McAlister's is a fast casual restaurant chain known for its sandwiches, spuds, soups, salads, desserts and McAlister's Famous Sweet Tea™. In addition to dine-in and take-out service, McAlister's also offers catering with a selection of sandwich trays, box lunches, desserts, a hot spud bar and more. With numerous industry accolades, McAlister's has more than 320 restaurants in 24 states. The company has corporate offices in both Ridgeland, Miss., and Alpharetta, Ga. December 18, 2013 Southern deli chain ventures north to Jersey Franchisee bets on McAlister's Deli, a 'better sandwich' joint An expanding Southern restaurant chain, known for its sweet tea and huge baked potatoes, is coming to New Jersey. It's initially targeting Paramus and looking for other sites in Bergen and Passaic counties. McAlister's Deli, a 320-unit fast-casual chain, is entering the Northeast market via the Garden State, with seven of the restaurants slated to open in the state during the next five years. Initial target locations include not only Paramus but Wayne, Clifton and Totowa. Based in Alpharetta, Ga., McAlister's Deli has reached a multi-unit development deal with A3 Investments of Jersey City. That franchisee is scheduled to debut one of the restaurants — which tout their Southern hospitality, big portions and sandwiches — in North Jersey early next year. "McAlister's has a loyal fan base and we are experiencing strong same-store sales growth, which is driving interest in additional development," McAlister's President and Chief Executive Officer Frank Paci said in a statement. "We see a big opportunity for McAlister's to expand throughout the state." A3 Investments, which owns and operates restaurants in Middlesex and Passaic counties, expects to create 70 to 100 jobs when it builds the seven McAlister's. "McAlister's Deli is a strong brand with great growth potential, making it the perfect addition to our portfolio," Ash Ram, an A3 Investments managing partner, said in a statement. Privately held McAlister's, founded in 1989, is in the "better-sandwich" restaurant category, competing against rivals such as Jason's Deli and Firehouse Subs, said Darren Tristano, executive vice president of Technomic Inc., a Chicago-based research firm. "What's interesting about this brand is it focused on Southern hospitality, good-sized portions, great quality service and a destination that promotes dining at the store, in addition to takeaway," Tristano said. McAlister's is known for its "Famous Sweet Tea," according to the analyst. "What we've seen with sweet tea is it's gone from being a Southern favorite to being more of a national play," said Tristano. "It's no longer just a specialty of the South." McAlister's other trademark menu item is its "enormous spuds," which "look like small footballs," he said. "They cover them with sour cream and bacon and green onions and cheese and chili," Tristano said. "These just become a really high-value … very crave-able product for them." McAlister's posted $419 million in sales last year, Tristano said, citing Technomic data. The chain's average annual sales per restaurant are $1.3 million, above the overall national average of $1.1 million for the fast-casual category. Privately held Firehouse Subs averages a per-restaurant volume of $750,000, while Panera Bread and Chipotle, both public companies, average $2.3 million annually. McAlister's has been more cautious and strategic than some other restaurant chains, Tristano said, at 2 percent to 5 percent annual unit growth rather than the 10 percent to 12 percent of some other chains. The deli chain has already announced growth plans for 2014. In November, it said it had reached a deal with franchisee Texas-based Southwest Deli to open 24 restaurants in Texas, New Mexico, Idaho and Utah. Jacksonsville, Fla.-based Firehouse Subs is scheduled to debut in New Jersey next year, with restaurants opening in Totowa and Wayne. Ever Santana, the franchisee opening those Firehouse Subs, was unperturbed by a rival sandwich restaurant group debuting in Passaic County. "We have restaurant chains that come in all the time into this area," he said. ! December 16, 2013 Mcalister’s Deli To Open First Restaurants In New Jersey McAlister's Deli, a leading fast casual restaurant, announces plans to develop seven restaurants in New Jersey as part of a new multi-unit development agreement. “Our partnership with A3 Investments marks an exciting time as we bring McAlister’s great food and genuine hospitality to the Northeast for the first time,” said McAlister’s president and CEO Frank Paci. “McAlister’s has a loyal fan base and we are experiencing strong same store sales growth which is driving interest in additional development. We see a big opportunity for McAlister’s to expand throughout the state.” A3 Investments, a new McAlister’s franchisee, will develop seven restaurants in the state over the next five years. The company owns and operates full service restaurants and other businesses in Central and North New Jersey. Initial target locations include Bergen and Passaic counties with the first opening set for 2014. “McAlister’s Deli is a strong brand with great growth potential, making it the perfect addition to our portfolio. We are confident guests in New Jersey will love McAlister’s genuine hospitality and great food,” said Ash Ram of A3 Investments. Technomic recognized the brand as the 2012 top chain in the fast casual industry for food and beverage and as one of consumers’ Top 5 Favorite Chains in the country. Fast Casual also ranked the brand No. 2 on its Top 100 “Movers and Shakers” list of 2013 and Paci was named one of the “Top 20 People” in the industry to watch. To learn more about franchising opportunities with McAlister’s, please contact (888) 855-DELI (3354) or franchising@mcalistersdeli.com, or visit www.mcalistersdelifranchise.com. ! December 18, 2013 MCALISTER’S DELI TO OPEN FIRST RESTAURANTS IN NEW JERSEY McAlister's Deli, a leading fast casual restaurant, announces plans to develop seven restaurants in New Jersey as part of a new multi-unit development agreement. “Our partnership with A3 Investments marks an exciting time as we bring McAlister’s great food and genuine hospitality to the Northeast for the first time,” said McAlister’s president and CEO Frank Paci. “McAlister’s has a loyal fan base and we are experiencing strong same store sales growth which is driving interest in additional development. We see a big opportunity for McAlister’s to expand throughout the state.” A3 Investments, a new McAlister’s franchisee, will develop seven restaurants in the state over the next five years. The company owns and operates full service restaurants and other businesses in Central and North New Jersey. Initial target locations include Bergen and Passaic counties with the first opening set for 2014. “McAlister’s Deli is a strong brand with great growth potential, making it the perfect addition to our portfolio. We are confident guests in New Jersey will love McAlister’s genuine hospitality and great food,” said Ash Ram of A3 Investments. Technomic recognized the brand as the 2012 top chain in the fast casual industry for food and beverage and as one of consumers’ Top 5 Favorite Chains in the country. Fast Casual also ranked the brand No. 2 on its Top 100 “Movers and Shakers” list of 2013 and Paci was named one of the “Top 20 People” in the industry to watch. To learn more about franchising opportunities with McAlister’s, please contact (888) 855-DELI (3354) or franchising@mcalistersdeli.com, or visitwww.mcalistersdelifranchise.com. ! December 18, 2013 MCALISTER’S DELI TO OPEN FIRST RESTAURANTS IN NEW JERSEY McAlister's Deli, a leading fast casual restaurant, announces plans to develop seven restaurants in New Jersey as part of a new multi-unit development agreement. “Our partnership with A3 Investments marks an exciting time as we bring McAlister’s great food and genuine hospitality to the Northeast for the first time,” said McAlister’s president and CEO Frank Paci. “McAlister’s has a loyal fan base and we are experiencing strong same store sales growth which is driving interest in additional development. We see a big opportunity for McAlister’s to expand throughout the state.” A3 Investments, a new McAlister’s franchisee, will develop seven restaurants in the state over the next five years. The company owns and operates full service restaurants and other businesses in Central and North New Jersey. Initial target locations include Bergen and Passaic counties with the first opening set for 2014. “McAlister’s Deli is a strong brand with great growth potential, making it the perfect addition to our portfolio. We are confident guests in New Jersey will love McAlister’s genuine hospitality and great food,” said Ash Ram of A3 Investments. Technomic recognized the brand as the 2012 top chain in the fast casual industry for food and beverage and as one of consumers’ Top 5 Favorite Chains in the country. Fast Casual also ranked the brand No. 2 on its Top 100 “Movers and Shakers” list of 2013 and Paci was named one of the “Top 20 People” in the industry to watch. To learn more about franchising opportunities with McAlister’s, please contact (888) 855-DELI (3354) or franchising@mcalistersdeli.com, or visitwww.mcalistersdelifranchise.com. ! December 18, 2013 MCALISTER’S DELI TO OPEN FIRST RESTAURANTS IN NEW JERSEY McAlister's Deli, a leading fast casual restaurant, announces plans to develop seven restaurants in New Jersey as part of a new multi-unit development agreement. “Our partnership with A3 Investments marks an exciting time as we bring McAlister’s great food and genuine hospitality to the Northeast for the first time,” said McAlister’s president and CEO Frank Paci. “McAlister’s has a loyal fan base and we are experiencing strong same store sales growth which is driving interest in additional development. We see a big opportunity for McAlister’s to expand throughout the state.” A3 Investments, a new McAlister’s franchisee, will develop seven restaurants in the state over the next five years. The company owns and operates full service restaurants and other businesses in Central and North New Jersey. Initial target locations include Bergen and Passaic counties with the first opening set for 2014. “McAlister’s Deli is a strong brand with great growth potential, making it the perfect addition to our portfolio. We are confident guests in New Jersey will love McAlister’s genuine hospitality and great food,” said Ash Ram of A3 Investments. Technomic recognized the brand as the 2012 top chain in the fast casual industry for food and beverage and as one of consumers’ Top 5 Favorite Chains in the country. Fast Casual also ranked the brand No. 2 on its Top 100 “Movers and Shakers” list of 2013 and Paci was named one of the “Top 20 People” in the industry to watch. To learn more about franchising opportunities with McAlister’s, please contact (888) 855-DELI (3354) or franchising@mcalistersdeli.com, or visitwww.mcalistersdelifranchise.com. ! December 17, 2013 McAlister’s Deli Coming To New Jersey Next Year Locations for fast casual chain McAlister’s Deli will likely open in New Jersey sometime next year. As part of a multi-year agreement, the company has signed a deal with franchisee A3 Investments for seven restaurants with initial openings to target Bergen (we’ve been told Paramus is on the list) and Passaic counties. This is the first wave of expansion into the Northeast for McAlister’s, which was founded in 1989 in Mississippi. There are currently over 320 locations in 24 states. The concept is known for their sandwiches and spuds (baked potatoes) which include “premium ingredients” like Black Angus roast beef, Black Forest ham, caramelized onions, brie cheese, roasted corn & poblano pepper relish and artisan breads like baguette, ciabatta and focaccia. All items are made fresh to order and are brought to your table instead of picked up at the counter. McAlister’s also has a number of items on a “secret menu” (which has been popular at chains for quite sometime), which apparently isn’t too secret as they are listed in the menu section of their website. Marketing materials also heavily promote their signature beverage, the McAlister’s Famous Sweet Tea™. The tea is brewed fresh in house everyday and made from a black tea blend using both pure cane sugar and filtered water. For more information about McAlister’s Deli and their food, visit their website.