At Pie Five Pizza, guests can choose from more than a million combinations of handcrafted pizzas and a variety of specialty pie choices prepared in less than five minutes on one of four crusts. The rapidly growing chain is capitalizing on growing consumer demand for fresh dining options and artisan pizzas in stylish environments without the wait.
"Best company, strong team, great product and excellent concept. These were the deciding factors for me when it came to choosing Pie Five," said Patidar. "Furthermore, we are impressed by the company's commitment to leading this high-growth category, and we look forward to being their partners in the Austin market for many years to come."
Pie Five currently has 10 locations in Texas, one location in Utah and franchise agreements for another 64 restaurants to date in Utah; Charlotte, North Carolina; Florida; Texas; and Kansas City.
The first Austin-area restaurant is projected to open in January 2014.
ABOUT PIE FIVE PIZZA CO.
Pie Five is a subsidiary of Pizza Inn Holdings, Inc., headquartered in the Dallas suburb of The Colony, Texas. Pizza Inn Holdings, Inc. is an owner, franchisor and supplier of a system of restaurants operating domestically and internationally. Pie Five Pizza Co. is a fast-casual concept offering individual pizzas made to order and cooked in less than five minutes. Founded in 1958, publicly traded Pizza Inn Holdings, Inc. (Nasdaq:PZZI) franchises approximately 300 restaurants and directly owns and operates 14 restaurants. For more information, please visit
CONTACT: Ladd Biro, Champion Management