CiCi's Pizza Announces Promotion of Bill Spae to Chief Operating Officer
07/09/2012 – Coppell, Texas (Restaurant News Release) – CiCi’s Pizza today announced Bill Spae has been promoted from chief development officer to chief operating officer. In his new role, Spae will lead the brand’s full service distribution company, JMC Restaurant Distribution, LP, which exclusively serves CiCi’s Pizza restaurants. Additionally, Spae will continue his business and restaurant development responsibilities, which includes furthering CiCi’s “Build the Brand” growth initiative to recruit the best franchisees and secure the best sites to help the brand expand across the country.
“We know CiCi’s franchisees rely on JMC for its dependable service, as well as quality goods and equipment, and we are confident Bill is ideal to oversee this critical division of our business,” said Mike Shumsky, CEO. “His background and expertise within the franchising industry will continue to be an integral component of our company’s success and ongoing growth.”
As an exclusive division of CiCi’s Pizza, JMC Restaurant Distribution, LP is responsible for handling the purchasing and delivery of all goods and equipment for its network of restaurants. With fill rate averages exceeding those of the top mainline distributors, JMC ensures that all items are continuously available and delivered on time. Nearly all CiCi’s Pizza franchisees have elected to utilize JMC’s services over other wholesalers, based on its commitment to providing the best market value and consistent service to its clientele.
CiCi’s franchisees benefit from a 2-to-1 sales-to-investment ratio, demonstrating that CiCi’s Pizza is a predictable, measurable and sustainable investment opportunity. The company is actively seeking both multi-unit and single-unit operators in Southern California, the Mid-Atlantic, the Northeast and South Florida, as well as select cities in Texas and other regions across the country.
Candidates interested in opening a CiCi’s Pizza restaurant should possess a passion for the brand and serving guests and families in a fast-paced environment. Franchisees are required to demonstrate a minimum of $250,000 in liquid capital, a net worth of $750,000 per unit, and a credit score of 720 or better.
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