Pizza delivery company Telepizza says its first master franchise agreement will start operations in Malta.
Joseph P. Attard , holds the master franchise rights to operate Telepizza brand in the country plans to open the first store in Swieqi before the end of 2016 and four more stores within the next three years.
He operates another QSR brand in the country.
Telepizza says Malta is a high income country with a fully developed open market that attracts almost two million tourists every year.
“After the recent Saudi Arabia and UK opening plans, we are very pleased to announce our entry in Malta and to welcome Mr Joseph in this great partnership taking our business model of quality food in the heart of the Mediterranean,” said Pablo Juantegui, CEO and chairman of Telepizza.
International strategy
Telepizza’s international strategy is focused on growth in markets where it is currently operating, exploring new business opportunities, and entering new markets, either organically, through acquisitions of local companies or via master franchises.
About 35% of Telepizza stores worldwide are owned and operated by Telepizza, while around 65% are owned by its business partners.
Currently, the company is present in 15 countries and its international sales exceed 30% of the total sales.
