Fasta Pasta reveals exciting new look and expansion plans
With projections that can eclipse $100 million in revenues in the coming years.
Fasta Pasta has announced the brand’s plans for significant expansion interstate, as profits remain strong and the brand’s chain of restaurants continue to outperform targets set down by the company. The brand shared that the 2012/13 Financial Year is showing to be a strong year for the business’ sales, with growth trending above 10 per cent.
Frank Taddeo, Chief Executive Officer of Fasta Pasta, shared that the franchise business is currently generating more than $60 million in revenues. Taddeo added, “This business is ready for growth and we see the addition of at least two to three new franchises annually as a means of continuing to build our brand and reaching out to new customers.”
Fasta Pasta will also be increasing its capacity and workforce at its national headquarters in Glynde, Adelaide, as part of the brand’s expansion and growth strategy.
“What has changed significantly over the past 29 years is our intimate knowledge and understanding of our business – we know what works and what doesn’t and we know that a strong organisation is vital –which is why we’ve added significant expertise at management level,” said Taddeo.
A new branding and look for their restaurants will also be launched, and is expected to raise customer traffic and sales, while also generating additional interest from prospective franchisees.
