Mr. Gatti's Pizza Plans Major Houston Area Expansion
Mr. Gatti's Pizza announced plans for a major expansion into the Houston area. The renewed focus on the region could bring new locations and employment opportunities to surrounding communities like League City.
- The expansion will focus on developing large-scale Family Entertainment Centers ranging from 12,500 to 25,000 square feet, which integrate dining with games and party spaces. - Mr. Gatti's is seeking experienced multi-unit developers to grow its franchise presence in Houston, a market ranked No. 2 in the U.S. for business growth potential. - The initial investment for a Mr. Gatti's Family Entertainment Center model is estimated to be between $2,033,733 and $3,608,900, which includes a $50,000 franchise fee. Ideal franchise candidates are expected to have a net worth of at least $1 million, with $500,000 in liquid assets. - Founded as "The Pizza Place" in Stephenville, Texas, in 1964, the company was renamed Mr. Gatti's Pizza in 1969 in honor of the founder's wife's maiden name. - The Fort Worth-based company was recently acquired by OneRyan Global, a Dallas-based private investment firm, which transitioned Mr. Gatti's into a fully franchised system. - While there are over 230 Mr. Gatti's locations open or in development, only two currently exist in the greater Houston area. - This expansion is part of a broader growth strategy that includes opening locations within Walmart stores, with 92 such units planned across four states. - The company's leadership, including CEO Jim Phillips, is expected to remain in place following the acquisition by OneRyan Global, with Brint Ryan serving as chairman.
