Pie Face today entered into a memorandum of understanding with New Zealand partners to roll out at least 62 stores over the next 10 years across the North and South Island. The local partners Julian Field and Jared Palmer have a combined 17 years of QSR experience, Julian having been a multi-unit owner with Subway…
Pie Face will open its first store in Perth shortly. “We have had so much interest from Western Australia, that we couldn’t ignore it any longer. Our first store will hopefully be the first of many to come as we make Pie Face our gourmet pies and coffee accessible to more Australian’s”
Mr Steve Wynn, one of the worlds most respected hospitality entrepreneurs has invested US $15M to expand Pie Face in America. Mr Wynn stopped by the Pie Face store on Broadway in Manhattan New York and decided to investment on the strength of the concept. “Having met the Pie Face USA management team recently and…
This large scale brand activation was a huge success as we continued to ensure our brand is culturally aligned with music and the arts. We have also been notified that Jeans for Genes raised over $2000 on the night, with a post drive still increasing this number. The Darling Harbour patron flow counters clocked over…
Pie Face has opened its first store on Broadway next to the iconic David Letterman theatre. The response from New Yorkers has been overwhelming with store sales almost double what an average store sells in Australia. Pie Face’s new store is located at ground level in the David Letterman building on Broadway – the centre…
Pie Face Cairns was opened on the 11th of November 2011 by franchise partner Mark Schierhuber. Pie Face, the gourmet pie and cafe business, has been a huge hit in southern capitals and has been doing well in Brisbane and on the Gold Coast. Cairns is the first regional city outside of the southeastern corner…
Pie Face has launched an innovative program to finance young aspiring entrepreneurs into Pie Face stores. The initiative Young Entrepreneurs Program (YEP) picks bright young men and woman between 21 – 30 years and invites them to qualify for owning one of the many company owned Pie Face stores around Australia. Successful YEP candidates are…
Today Pie Face and Westpac announce a new partnership to provide lending to new and existing Pie Face franchisees for the purchase and re-finance of Pie Face businesses. The new agreement will allow Pie Face franchisees to borrow up to 40%-50% of the funding required for a Pie Face business, secured against the business, at…
Pie Face continued to grow through the June 2011 quarter despite softer market conditions. Same store sales, number of stores, and network revenue all grew strongly, as well as profitability across the network. Total Network Revenue (total retail sales of all stores in the network including company owned and franchised stores) for the quarter was up 120%…
Pie Face Holdings Pty Ltd (ABN 65 111 409 860) (the ‘Company’) today appointed Macquarie Group and CBA Equities (‘the Joint Lead Managers’) to assist the Company in its planned listing on the ASX. Macquarie Group has also been appointed as Financial Adviser to the Company for the planned Initial Public Offering (‘IPO’). The Joint Lead Managers will also…