This acquisition comes off the back of a successful 2020.
This news comes after Capriotti’s opened 18 new locations last year, with further plans to open over 30 stores throughout the course of 2021. Collectively, Capriotti’s and Wing Zone rounded out 2020 with more than $100m in system-wide sales.
“This year has presented a unique set of challenges for restaurants nationwide and Capriotti’s was no exception,” said Ashley Morris, CEO of Capriotti’s. “I am incredibly grateful for the commitment and support of our franchise partners and their teams for their dedication to helping Capriotti’s safely serve communities across the country. While 2020 has been filled with hurdles, it’s been one of the most rewarding and successful years in the history of the organization.”
2020 also saw Capriotti’s open its first corporate ghost kitchens in Los Angeles and Pasadena, CA, with further ghost kitchen locations under development in markets like Columbus, OH, Philadelphia, and Austin.
“The acquisition is a natural fit for both brands, as Capriotti’s and Wing Zone share many of the same internal values and organizational goals,” said Morris, who is now the CEO of Wing Zone as well. “We look forward to leveraging our expertise in franchising, operational excellence, and technology with Wing Zone’s off-premise experience to help both brands continue to grow. We are thrilled to welcome Wing Zone into the Capriotti’s family and are excited about what lies ahead.”