Stevi B’s Pizza, a pizza buffet restaurant chain has signed an agreement to develop four Stevi B’s Pizza locations in North Alabama with new franchisees and Huntsville area residents Jim King and Chris Hunter. The franchise was founded in 1996 in Atlanta and is currently owned by Argonne Capital, an Atlanta private equity firm focused on restaurant and retail companies.
Stevi B’s Pizza, the industry’s only national premium pizza buffet restaurant, is pleased to announce the signing of an agreement to develop four Stevi B’s Pizza locations in North Alabama with new franchisees and Huntsville area residents Jim King and Chris Hunter.
“We took an exhaustive look at the fast casual segment and specifically the highly competitive pizza category and agreed that Stevi B’s has the most business potential,” explains Jim King. “In addition to elevating the category with a better quality product and upscale atmosphere, we think Stevi B’s does an amazing job of endearing itself to the local community which is important to us.”
King and Hunter, who operate a wide variety of business throughout North Alabama, have signed a development agreement to open Stevi B’s Pizza restaurants in the areas of Madison, Huntsville, Decatur and Florence, which are estimated to create about 100 jobs in the region.
“We are excited about the business acumen and community insight that Jim and Chris bring as franchisees of Stevi B’s Pizza,” said Matthew Loney, president and CEO of Stevi B’s Pizza.
King and Hunter are expected to open their first Stevi B’s location in Madison, Ala. by the end of 2012, joining the existing Alabama locations in Gadsden and Fort Payne.
About Stevi B’s Pizza
Stevi B’s Pizza, the industry’s only national “premium” pizza buffet restaurant franchise, was founded in 1996 in Atlanta and is currently owned by Argonne Capital, an Atlanta private equity firm focused on growing restaurant and retail companies into category leaders. Recognized as a Top Ten Franchise Deal by QSR Magazine and ranked in Entrepreneur Magazine’s 2012 Franchise 500, Stevi B’s Pizza is a rapidly-growing brand with a 20 percent annual growth rate and 45 locations throughout the United States. Recognized for serving the highest quality pizzas “made from scratch,” Stevi B’s is a family friendly, community-driven brand that offers a distinct menu of specialty pizzas such as the Loaded Baked Potato, Chicken Fajita, Cheeseburger and Spinach Alfredo served fresh and at a great value in an atmosphere that is fun for adults and children.