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RISE - Menu Monitor

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Papa Gino's Pizzeria<br />

Headquarters<br />

600 Providence Highway, Dedham, Massachusetts 02026 USA<br />

Tel: (781)461-1200 Fax: (781)329-8796<br />

www.papaginos.com<br />

Ownership: Private<br />

Segment: Limited Service Pizza<br />

System Characteristics 2006 2005 2004<br />

U.S. Systemwide Sales ($000) 152,961 145,093 137,137<br />

Company-owned ($000) 149,961 143,841 130,137<br />

Franchised ($000) 3,000 1,252 7,000<br />

U.S. Number of Units 177 174 173<br />

Company-owned 163 160 164<br />

Franchised 14 14 9<br />

International Sales ($000) - - -<br />

International Units - - -<br />

Average Sales/Unit ($000) 920 834 805<br />

Concept Positioning |<br />

Papa Gino's Pizzeria owns and operates the limited-service Italian restaurants specializing in pizza. Customers may choose to<br />

dine-in or takeout. Delivery is available at most locations and accounts for some 35% of sales. Approximately 140 units are<br />

served by a central commissary that produces pizza dough as well as shipping products such as cheese. The remaining<br />

stores make their pizza dough on-premise.<br />

Units seat 80–120 diners and have a casual ambiance. Many are freestanding or located in shopping malls and are open for<br />

lunch, dinner and snacks. Papa Gino's is remodeling its restaurants to provide a more bistro look and feel, with warmer colors,<br />

expanded seating in more comfortable booths and updated tables and chairs. The company believes that the improved interior<br />

design puts the chain in a better position to compete with casual Italian chains like Bertucci's and Olive Garden. In addition to<br />

its traditional sites, Papa Gino's has moved into the non-traditional arena through licensing and other arrangements. Specific<br />

sites include Foxboro Stadium, Fenway Park, the University of Connecticut and over 100 other school systems.<br />

Papa Gino’s was founded by Michael Valerio in 1967. In late 1991, a private investor group purchased the chain. In 1997, the<br />

company acquired D’Angelo Sandwich Shops, now called D'Angelo's Grilled Sandwiches, from PepsiCo as part of the spin-off<br />

of its restaurant holdings. Terms were not disclosed. Once owned by BancBoston Capital, Papa Gino’s Holdings Corp. was<br />

bought in 2005 by a team led by company CEO Thomas Galligan and Bunker Hill Capital. In 2006, Papa Gino's became Papa<br />

Gino's Pizzeria.<br />

©Technomic Information Services 2007, CIS profiles may not be copied or distributed in any print or electronic format without a license or written consent.<br />

Technomic believes that its sources of information are reliable, but does not assume any responsibility or liability for the accuracy of the information<br />

published.<br />

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